Insurance firm empowers gig workers with financial security

Insurance firm AXA Philippines has strengthened its support for the country’s growing gig economy by providing gig workers with easier access to health benefits and insurance coverage.

- EDITOR: JOEFEL O. BANZON

“Ensuring inclusive protection has always been a core part of our mission,” said Ayman Kandil, President and CEO of AXA Philippines.

“Gig workers demonstrate the same dedication, hard work, and competence as traditional employees, and it’s time they have access to the protection they deserve. Through this partnership, we are taking concrete steps to close the protection gap and provide peace of mind to those constantly on the move,” Kandil added.

As the gig economy in the Philippines continues to expand, a growing number of freelancers, ride-hailing drivers, and delivery riders are emerging as key contributors to the country’s evolving labor market.

However, despite their increasing economic contributions, many gig workers remain vulnerable due to the lack of employment security, health benefits, and insurance coverage—a gap AXA Philippines is now working to address.