Peter Beswick, BSP Group Deputy CEO and Executive Director of BSP Life PNG present a dummy cheque of K35,000 to PNG Human Resources Institute President Mr. Jerry Wemin ahead of the PNG HRI Conference later this month.

BSP Life PNG recognises the crucial role Human Resource professionals play in championing the welfare and development of people within their organizations and is pleased to be a platinum sponsor of the upcoming PNG Human Resource Institute (PNGHRI) Conference.

The PNG HRI Conference set for the 27^th to 28^th of November this year. BSP Life PNG Country Manager Mr. Nilson Singh in presenting the sponsorship support of K35,000 to PNG Human Resources Institute President Mr. Jerry Wemin said HR professionals are in many ways, the caretakers of staff wellbeing, ensuring staff have access to the right support and benefits. Among these essential benefits is life insurance – a safeguard for the future of our families and a foundation of financial security.

“By supporting the Annual PNGHRI conference, we aim to underline the importance of life insurance as a critical benefit that HR professionals should consider for their team. Life insurance provides peace of mind, stability, and a tangible sign of care from employers to their staff.

“At BSP Life PNG, we are dedicated to helping organizations and individuals access these benefits, and we believe that partnerships like these strengthen the shared mission we all have: promoting the well-being of people across this nation,” Mr. Singh added.

Mr. Peter Beswick, BSP Group Deputy CEO and Executive Director of BSP Life PNG, echoed these sentiments, stating: “This conference provides a valuable platform for HR professionals to expand their knowledge and skills. It is also an excellent opportunity to encourage them to consider the financial security of their families. BSP is proud to support initiatives that foster growth and resilience.”

BSP Life PNG is proud to be the only insurer in PNG that offers endowment insurance products. Since launching the Wantok Delite endowment insurance product in January 2020, the company has grown its policyholder base to over 7,500, generating annual premiums of K16.5 million. The company’s claims acceptance rate stands at an impressive 97%, surpassing industry benchmarks and demonstrating BSP Life PNG’s unwavering commitment to delivering on its promises.

Through partnerships like this, BSP Life PNG continues to champion the welfare and prosperity of individuals and organizations across Papua New Guinea.