39th Annual Awards: Fortune Life honors its top sales achievers

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In the dynamic world of sales, recognition is not just a form of reward; it is a catalyst for motivation and a testament to the dedication and hard work of individuals who go above and beyond their roles. Recognizing the achievements of its top-performing sales agents, Fortune Life Insurance Company held its 39th Annual Awards Ceremony at the Citystate Tower Hotel in Manila on April 10, 2024.

This award ceremony served as a platform to honor Fortune Life sales associates for their exceptional dedication and outstanding sales performance in 2023. A total of 92 awards were given across various categories this year.

Among the top awards were given to Ritchie L. Garay as the Top ALC Awardee of Excellence, Patricia L. Taguines as the Agency Manager of the Year, and Michael B. Jabines as the Field Manager of the Year. Moreover, the Branch of the Year Award was bestowed to Jabines Branch for their remarkable sales performance and for obtaining awards in all categories.

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Top ALC Awardee of Excellence Ritchie Garay (3rd from right) with (L-R) SVP & OIC-Marketing and Sales Virgilio Aquino, ALC Group Chairman D. Edgard A. Cabangon, IC DepComm Atty. Randy Serrano, President & CEO D. Arnold Cabangon and EVP & COO Emma Abad
Patricia Taguines
Top Agency Manager Patricia Taguines (3rd from right)
Michael Jabines
Top Field Manager Michael Jabines (2nd from left) with (L-R) EVP & COO Emma Abad, VP-Investment Officer Andrew Nicholas Cabangon and OIC-Marketing & Sales Virgilio Aquino

The celebration of the top sales performers was elevated by the presence of Deputy Insurance Commissioner Atty. Randy G. Serrano as the guest of honor and keynote speaker. In his compelling address, he praised the company’s outstanding commitment as an insurance provider dedicated to securing a brighter future for Filipinos. Atty. Serrano also acknowledged the dedication and hard work of Fortune Life sales team, noting their significant contributions to the well-being of our clients, thereby making the occasion even more memorable.

Depcom Serrano
Deputy Insurance Commissioner Atty. Randy Serrano

Highlighting the importance of ethical conduct, Atty. Serrano drew parallels from Bible stories. “An insurance agent can defeat any temptation of fraud or trial in the conduct of his profession by holding fast to the company policy. There is no need for any superpower. He or she just has to hold fast, follow the company guidelines,” Atty. Serrano asserted.

Cabangon Family
Standing (L-R): Atty. Ramon Posadas, IC DepComm Atty. Randy Serrano, President and CEO D. Arnold Cabangon and VP-Investment Officer Andrew Nicholas Cabangon; Seated: Atty. Tirzo Peralta and Joanna Cabangon

Having been a steward of at least six divisions of the Insurance Commission, Atty. Serrano commended Fortune Life’s strong core values and impeccable track record as supported by the company’s compliance to policies and regulations on licensing; money laundering; good corporate governance; claims adjudication; and public assistance and mediation.

Svp Oic Virgilio Aquino
SVP & OIC for Marketing and Sales Virgilio Aquino

SVP & OIC-Marketing and Sales Virgilio S. Aquino emphasized the crucial role of life insurance agents in safeguarding the future of countless individuals and families. “We applaud not only the numbers on the sales charts but the stories behind them. The countless lives touched, the futures secured, and the dreams safeguarded. Each sale represents a commitment to service, a testament to expertise, and a demonstration of trustworthiness,” Aquino said.

Ema Abad
EVP COO Emma Abad

Executive Vice President and COO Emma M. Abad expressed her gratitude to the agents for surpassing sales targets and challenged them to continue striving for excellence under the theme “Build and Lead beyond Boundaries.” She emphasized collaboration and embracing new opportunities for growth. “Mula po sa aming lahat na bumubuo ng Fortune Life. Kami po ay laging nakaaalay at nakasuporta sa inyo upang mapagtagumpayan nating maibigay ang serbisyong kalidad para sa bawat pamilyang Pilipino. Muli, kami ay taos pusong nagpapasalamat sa inyong lahat,” Abad said.

President Arnold Cabangon
President and CEO D. Arnold Cabangon

President and CEO D. Arnold A. Cabangon extended his deepest respect and highest praise to the outstanding awardees. “Your willpower, dedication, and steadfast commitment to achieving your sales goals have not only been remarkable but inspirational. You have embraced challenges and transformed them into opportunities, continually pushing the boundaries and setting new benchmarks for excellence,” Cabangon said.

President Cabangon also announced plans to enhance agent and policyholder platforms to ensure swift and secure access to information. “In the face of an ever-evolving technological environment, I want to reaffirm Fortune Life’s commitment to enhancing the platforms for both our agents and policyholders. Our focus is on empowering our sales team and customers by ensuring they have swift and secure access to vital information. We need to adapt to the changing environment now. This is, I consider, a game changer,” Cabangon shared.

Acknowledging the countless hours of hard work and sacrifice behind every achievement, President Cabangon concluded his speech with a toast to celebrate the company’s success and the potential that the future holds. “Together, as a united team, there is no limit to what we can achieve. To this, I look forward to seeing even more awardees next year as our team’s dedication and achievement continue to grow,” Cabangon remarked.

The event highlights Fortune Life’s commitment to its agents and its dedication to providing Filipinos with quality insurance products and services. As the company looks ahead to its 40th year, it remains devoted to its mission to empower individuals and families with financial security and peace of mind. To make this event more remarkable, the awardees were entertained by the captivating choreography of Nocturnal Dance Company and by the singing prowess of Jennie Gabriel.

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Nocturnal Dance Company
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Jennie Gabriel

Fortune Life awardees embarked on an unforgettable incentive trip to South Korea, exploring captivating destinations such as Gyeongbok Palace, Mt. Seorak, Nami Island, Springfield COEX Mall (Gangnam Style Statue) and HiKR Ground, among others. While the other awardees experienced an exhilarating 3-day, 2-night escapade to Davao, filled with exciting activities. From the pristine shores of Samal Island to the lush greenery of People’s Park, each destination offered a unique blend of adventure and relaxation to our top agents.

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Mt. Seorak, South Korea
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Samal Island, Davao City

Fortune Life belongs to the ALC Group of Companies founded by the late Amb. Antonio L. Cabangon Chua.



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