Singlife Philippines uses Galileo Platforms to issue more than 100,000 policies to date

Singlife Philippines recently surpassed the 100,000 mark for Globe promo joiners and continues to gain thousands more daily. The highest by far is close to 10,000 new customers in a single day. This is an impressive technological feat considering all contracts were delivered within the same day and if compared to a market in which all life insurance companies combined issue less than 5,000 policies per day on average.

For its product administration system, the company utilizes Galileo Platforms’ patented blockchain technology to improve transparency between parties, enhance data protection, and reduce administrative costs which can otherwise be used to add greater value to customers.

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