Modern Australian
Men's Weekly

.

Stronghold Insurance’s Romulo I. Delos Reyes, Jr. Honoured as Outstanding Leader at ACES Awards 2024

BANGKOK, THAILAND - Media OutReach Newswire - 3 December 2024 - Romulo I. Delos Reyes, Jr., President and General Manager of Stronghold Insurance Company, Inc., has been recognised as one of the "Outstanding Leaders in Asia" at the prestigious Asia Corporate Excellence and Sustainability (ACES) Awards 2024.

This accolade highlights Mr. Delos Reyes's extraordinary leadership and his transformative contributions to the non-life insurance sector in the Philippines.

Romulo Jr. Delos Reyes, President & General Manager of Stronghold Insurance Company, Inc. (centre), is honoured with the prestigious Outstanding Leaders in Asia award at the ACES Awards 2024 in Bangkok, Thailand. This momentous recognition was presented by Dr. Shanggari Balakrishnan, President of the ACES Awards (left), and Hemant Batra, Honorary Chairman of the ACES Awards (right), celebrating unparalleled leadership and excellence.
Romulo Jr. Delos Reyes, President & General Manager of Stronghold Insurance Company, Inc. (centre), is honoured with the prestigious Outstanding Leaders in Asia award at the ACES Awards 2024 in Bangkok, Thailand. This momentous recognition was presented by Dr. Shanggari Balakrishnan, President of the ACES Awards (left), and Hemant Batra, Honorary Chairman of the ACES Awards (right), celebrating unparalleled leadership and excellence.

With over 45 years of industry experience, Mr. Delos Reyes's journey is a testament to dedication and perseverance. Starting with Stronghold Insurance in 1979 as a working student and collector, he rose through the ranks, taking on roles such as fire inspector, underwriting supervisor, and underwriting manager. His rise to the top exemplifies his adaptability and steadfast commitment to the company's growth.

Under Mr. Delos Reyes's leadership, Stronghold Insurance is on a trajectory to become the Philippines' leading non-life insurance provider by 2030. "Every role I undertook taught me invaluable lessons that continue to shape my leadership," he reflects. His strategic vision has guided the company to become a key player in the industry, ranking among the top in Net Income Performance, Paid-Up Capital, Net Premium Written, Company Assets and Premiums Earned, as per the Insurance Commission's December 2023 report.

Stronghold Insurance's robust growth is reflected in its milestones, such as securing the Reinsurance of the Property and Engineering Combined Risk and Catastrophe Excess of Loss Treaty for the Government Service Insurance System, valued at PHP 13 billion—the company's largest single premium transaction. Its expansive network now includes over 150 offices nationwide and major multi-story facilities in Visayas and Mindanao, further enhancing customer access to insurance services.

Mr. Delos Reyes's leadership philosophy prioritises client satisfaction and employee well-being. "Clients' satisfaction is our ultimate strategy," he emphasises. This client-centric approach, combined with a supportive organisational culture, has resulted in an exceptional employee retention rate of 92%, underscoring the company's commitment to talent development and empowerment.

Beyond business success, Stronghold Insurance demonstrates a strong commitment to societal impact. Its Corporate Social Responsibility (CSR) efforts include medical missions for underserved communities, disaster relief initiatives, and the establishment of the DAVID C. MERCADO Foundation, which extends charitable support across various causes.

The ACES Awards, organised by MORS Group, celebrate exemplary leadership and sustainability in Asia. Mr. Delos Reyes's recognition as an Outstanding Leader in Asia underscores his remarkable contributions to advancing the insurance industry while fostering a culture of innovation, responsibility, and community impact. This award reflects not only his personal achievements but also Stronghold Insurance's steadfast commitment to shaping a brighter future for its stakeholders and society.

Hashtag: #StrongholdInsurance #ACESAwards2024 #Leadership #Recognition #RegionalRecognition


The issuer is solely responsible for the content of this announcement.

About Stronghold Insurance

Stronghold Insurance Company, Inc. is one of the leading non-life insurance providers in the Philippines, recognised for its strong financial performance and extensive distribution network. With a commitment to customer satisfaction and innovative insurance solutions, Stronghold Insurance continues to expand its offerings and strengthen its market presence.

Refurbished iPads Are Better Than New Ones (Here's Why)

Image by rawpixel.com on Freepik Apple's refurbished iPad program has quietly become one of the best deals in tech. While everyone obsesses over the ...

Your Guide to Finding the Right GP: What Perth City Doctors Offer Today

Choosing a General Practitioner (GP) is one of the most important health decisions you’ll make. Luckily, Perth’s vibrant CBD now hosts a new ge...

Why Every Mining Operation Needs a Robust Safety Management System

Mining is one of the backbones of the Australian economy, particularly in Western Australia. Back in 2019-20, mining contributed 10.4% of Australiaâ...

Australian Classic Literature Enjoys Resurgence

Welcome back to the good old days of storytelling! As the modern world becomes increasingly more demanding, returning to childhood favourites offers...

Building a Governance Model for Headless Content Management at Scale

Image by pch.vector on Freepik There's never been a better time to implement a headless content management system (CMS) to gain the flexibility and ...

Understanding Trade Insurance: Essential Protection for Businesses

Image by Drazen Zigic on Freepik In the current economic environment, trade insurance is an important element for companies trading both locally an...

Choosing the Right Timber for External Cladding

Timber cladding is one of those finishes that pulls double duty: it makes a building look warm and welcoming, and it quietly shields the frame from ...

Top Services Offered by Diesel Mechanics in Brisbane

Keeping a diesel vehicle running at its best takes more than the occasional oil change. When you invest in regular specialist care, you protect the ...

Top 5 Benefits of Hiring Professional House Removalists

Moving day should feel like the start of a new adventure, not the end of your patience. Yet once the settlement papers are signed and the champagne ...

Navigating the Digital Landscape: Managed IT Solutions and IT Services in Townsville

As technology advances at an unprecedented pace, companies must adapt to embrace the transformation ahead. With an evolving technology landscape, mana...

Types of Catering You Should Consider for Your Next Event

Choosing the right type of catering service can elevate your event from ordinary to unforgettable. Whether it’s an elegant wedding, corporate func...

Understanding the Benefits of Split System Installation for Your Home

Climate control is essential to maintaining comfort in your home, especially during the extreme temperatures that many regions face. Whether you’r...

Best Aluminium Window Sliding Designs for Natural Light and Airflow

Bringing natural light and airflow into a space is one of the most efficient ways to create a healthy and comfortable home. In Sydney and across Aus...

Maximising Operational Efficiency: Electric Winch Hire Australia and Hydraulic Power Pack Hire Solutions

Image by jcomp on Freepik From urban construction sites and remote mining operations to coastal maritime facilities, specialised equipment solutio...

Navigating the System: Your Guide to Support Finding Work with a Disability Around Melbourne

Image by freepik Finding the right job can be a challenge for anyone, but it can feel particularly daunting when you're also navigating life with a ...

Say Goodbye to Draughts and Hello to Savings: Your Guide to Perth Window Replacement

Image by prostooleh on Freepik Are your windows looking worse for wear? Are you paying a hefty power bill due to sneaky draughts and poor insulation...

How to Choose the Right Horse Trailer for Your Riding Needs

Many horse owners travel long distances for riding lessons, competitions, or to move horses between properties. Having a safe and reliable trailer i...

Sydney Turf Installer for Instant Green Lawns and Long-Term Performance

Having a green lawn at home makes everything look better. Whether it’s the front yard, backyard, or a small patch beside the driveway, people in S...