Cebuanos can easily compare different financial products from their computers or phones.
CEBU, PHILIPPINES (11 AUG 2016) - While getting insurance coverage or any type of financial service is an important step towards independence, it is still considered to be a daunting task for many Cebuanos. There is a negative misconception that getting financial services entail long processes and unnecessary expenses. Furthermore, the countless products available, different terms, and application requirements usually scream confusion and intimidation, making others forgo the process altogether.
GoBear, Asia's first and only
According to GoBear Philippines Country Director Rommel Torres, people are usually forced to make decisions quicker when they are left with little to no options. With the establishment of GoBear, a tool is now made available for Cebuanos to weigh their options in a completely transparent, quick, and understandable way, leading them towards increased financial literacy and responsibility.
GoBear does not only help consumers become smarter when it comes to their financial needs, but it also aids financial providers shape or develop their products according to the needs of the market. “GoBear has placed the decision power into the consumer's hands. It lets users publish reviews and those can drive changes in the way that banks and insurers do their business,” Torres says.
GoBear Philippines currently features travel insurance, credit cards, and personal loans, and will be expanding into the car insurance, car loans, home loans, and health insurance categories.
Country Director Rommel Torres (right) and Content & Communications Manager Kristine Esperacion (left) with the media and blogging community of Cebu.
For more information about GoBear, please visit gobear.com.ph and follow the #GoBearPH journey on the official GoBear Facebook page facebook.com/gobearphilippines.
GoBear is Asia’s first and only metasearch engine in insurance and financial products. It was founded based on the simple premise that a consumer should find freedom and ease in choosing complex financial products like insurance, credit cards, and loans. Headquartered in Singapore since early 2015, GoBear has established
Content & Communications Manager