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Thursday, April 25, 2024

Entrepreneur rebuilds business from the ashes

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In 2016, a fire in Benguet made headlines as it destroyed a warehouse—one that was owned by entrepreneur Kenneth So, and one that provided stable jobs for a lot of workers.

Kenneth So was able to rebuild his business with the help of his fire insurance coverage.

So and his team, some of them very loyal employees that had been with him for a long time, could only watch as years of hard work went up in smoke in a matter of hours.

So’s business, Granville Corporation Supply Holdings, is a strong player in the competitive supply chain industry. The company plays a key role in the logistics and distribution of fast moving consumer goods across key markets. He employs 400 people to ensure prompt servicing of customers.

The fire destroyed Granville’s four-story warehouse in La Trinidad, Benguet, including P52 million worth of grocery items. Fortunately, So had the foresight to get a comprehensive fire insurance coverage.

After the unfortunate incident, So was able to get back on his feet as soon as possible with the help of his insurance company. AXA Philippines, through its general insurance subsidiary Charter Ping An, swiftly came to his rescue and went the extra mile to process his claim promptly.

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The ease and speed with which So was able to receive his insurance claims and the attentive and dedicated service he received from AXA helped ease his burden.

“Now, our warehouse is being rebuilt,” he shares. “This is the start of a new beginning.”

His loyal staff also rallied together during a truly trying time. The company is now slowly but surely recovering.

So’s experience with AXA is proof of the insurer’s unwavering commitment to its customers, backed by the superior financial strength and worldwide reach, to be there when it is most needed.

Visit www.axa.com.ph for more information.

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