FWD Insurance Wins ESG Plus Award for Financial Literacy Initiatives

FWD Insurance Berhad has been honored with the Social Impact & Inclusion Award at the ESG Plus Awards 2025, recognizing its efforts to enhance financial literacy and inclusion in Malaysia. The awards, organized by The Exchange Asia, celebrate organizations leading the way in environmental, social, and governance (ESG) practices. This accolade highlights FWD Insurance’s commitment to empowering communities across the nation through innovative educational programs.

Impacting Lives Through Financial Education

FWD Insurance’s initiatives have reached thousands of students, spanning from primary schools to tertiary institutions. These programs are designed to equip young Malaysians with essential financial skills, fostering a generation proficient in making informed economic decisions. The company’s dedication to financial literacy contributes significantly to community well-being.

According to reports from participating schools, students who engaged in these programs demonstrated enhanced financial understanding and improved decision-making abilities. This positive outcome not only reflects FWD’s extensive reach but also the tangible benefits of its initiatives on local communities.

“Financial literacy is a powerful enabler, and we believe everyone deserves the knowledge and confidence to make informed decisions about their future,” said Aman Chowla, Country CEO of FWD Malaysia. “This recognition affirms our commitment to supporting communities through meaningful, long-term initiatives that help Malaysians build financial resilience.”

Long-term Commitment to Community Engagement

Mak See Sen, CEO of FWD Insurance Berhad, emphasized the importance of sustained engagement. “Creating real social impact requires long-term commitment, collaboration, and a clear sense of purpose,” he stated. “Our financial literacy programs reflect our belief that every Malaysian, regardless of age or background, deserves the knowledge to build a secure financial future.” This philosophy drives FWD Insurance to invest continually in initiatives aimed at uplifting communities.

FWD Insurance integrates social responsibility into its broader ESG strategy within Malaysia. The company aims to ensure that financial education is not only accessible but also engaging and sustainable. By empowering young Malaysians with the skills to manage their finances wisely, FWD Insurance strives to nurture a financially confident generation.

Established in 2013 as part of FWD Group, which serves approximately 34 million customers across ten markets, FWD Insurance operates in some of the fastest-growing insurance sectors globally. The organization is dedicated to transforming public perceptions of insurance and takaful, focusing on customer-led and technology-enabled solutions.

FWD Insurance offers a variety of family and life insurance products, including medical, critical illness, savings, and investment-linked plans, under the regulation of Bank Negara Malaysia in accordance with the Financial Services Act 2013. This recognition at the ESG Plus Awards serves as a testament to the company’s ongoing efforts to contribute positively to Malaysian society.

For further information about FWD Insurance and its initiatives, visit www.fwd.com.

Bank Simpanan Nasional, Malaysia’s first and longest-running bank, also plays a crucial role in promoting savings and investment habits among Malaysians, complementing the efforts of organizations like FWD Insurance in enhancing financial literacy.