Cocolife, the largest equity life insurance company in the Philippines, reaffirms its commitment to service excellence through a partnership with Paymongo, a leading financial technology company that provides businesses with a secure and scalable payment infrastructure.
The partnership was formally established at the signing ceremony of the Memorandum of Agreement (MOA) held on June 9, 2025 at the Paymongo headquarters in Bonifacio, a global city.
In the event, it represents Cocolife is Atty. Elmore Ornelas, Senior Vice President and Chief Communications Officer, and Erwin Talaue, Digital Business Analyst Manager. CEO Jojo Malolos attended the ceremony signing on behalf of Paymongo and Chief Sales and Business Development Officer Jordan Jacinto.
The partnership supports Cocolife’s broader initiative to upgrade digital services, especially to enhance online payment capabilities of the Mycocolife app. “The Mycocolife app is an all-in-one platform that authorizes users to manage their insurance policies, pay, explore and buy new products, and make appointments for personalized consultations – all from their mobile devices,” Atty Ornelas shared at Atty Ornelas.
In addition to the ceremony signing, the two organizations also held strategic discussions on implementing future digital plans, aiming to simplify the payment system, enhance customer experience and expand access to financial services using PayMongo’s secure and intuitive platform.
“Our mindset has always been service-all of our systems, process improvements, and even our constant desire to achieve excellent corporate governance is actually to serve our people better,” said Atty, president and CEO of Cocolife.
“We are excited to support Cocolife’s digital journey with the right tools to make financial services more accessible, secure and efficient,” said Jojo Malolos, CEO of Paymongo. “This partnership is aligned with our mission to help institutions modernize how money moves, and this time it’s an integration.”
Through this collaboration, Mycocolife app users and policyholders can expect a more seamless, reliable and secure in-app payment experience, marking another step in Cocolife’s digital transformation journey.
Explore more about Cocolife on our official website: https://www.cocolife.com/.
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