Filipinos Pick Accessible Insurance as Singlife Shows Strong Business Growth

Digital life insurer Singlife Philippines reported substantial business growth and expansion in 2025, driven by an increasing consumer preference for accessible mobile-based financial products.

The company recorded a 23% increase in total new business and expanded its customer base by an equal margin over the past year.

A primary driver of this growth was the firm’s proprietary application, which saw policy purchases nearly triple compared to the previous year.

Lester Cruz, the company’s CEO, noted this trend, stating,

Looking ahead to 2026, Singlife Philippines plans to broaden its growth, geographic reach and product portfolio. 

It aims to sponsor the Philippine Marathon Majors to encourage wellness alongside financial security.

Featured image: Edited by Fintech News Philippines based on an image by Singlife Philippines.

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