Award for ATM innovation

MANILA, Philippines - The Philippine National Bank General Insurance (PNBGen) and AlliedBankers Insurance Corp. (ABIC) has won the Best in Innovation Award recently for their entry, ATMSafe 911, in the 2013 Philippine Insurers and Reinsurance Association Inc. (PIRA) Awards. The winning entry, ATMSafe 911, is the country’s first innovative card benefits program that ensures the safety and protection of PNB ATM cardholders. The program, in partnership with Global Benefits Philippines ATMSafe, replaces a percentage of the money stolen from a cardholder’s account during an ATM robbery committed in the Philippines or overseas, wherever PNB ATM cards are accepted. Photo shows (from left): Pedro Benedicto, former PIRA president; Rebecca dela Cruz, president of AlliedBankers Insurance Corp.; Joven Hernandez, senior executive vice president and head of PNB Branch Banking Group; and Patrick Merkley, president of Global Benefits Philippines ATMSafe.