Singlife and 90Poe Partner to Bring Financial Protection Closer to Filipino Seafarers

The agreement aims to connect digital insurance and maritime technology to support seafarers and the families who depend on them.

Singlife Philippines and maritime technology company 90POE have signed a Memorandum of Understanding to improve access to financial protection for Filipino seafarers and their families.

Announced in an October 2026 press release, the partnership brings together Singlife’s digital insurance services and 90POE’s maritime technology platforms.

The companies aim to address a concern that follows seafarers beyond their work at sea: helping protect the financial well-being of loved ones at home.

Reducing barriers to insurance

Allen Reyes, CEO of Singlife Philippines, said the demands of seafaring make access to protection particularly important.

“Filipino seafarers are the backbone of global trade, but the nature of their work is inherently challenging and takes them away from their loved ones for long periods,” Reyes said.

He added that removing barriers to insurance is a central goal of the collaboration. By working with 90POE, Singlife intends to make protection easier for seafarers and their families to access.

Singlife provides digital life insurance through its mobile app and partner network. The agreement establishes a direction for collaboration, although the announcement does not identify specific insurance products or explain how they will be offered through the partnership.

Connecting maritime technology with family well-being

90POE, short for Ninety Percent of Everything, develops technology for maritime operators and seafarers. Its work focuses on making life at sea and on shore simpler, safer, and better connected.

The partnership extends that focus to financial well-being, recognizing the relationship between a seafarer’s work and the household relying on it.

“We often forget that behind every voyage is a family counting on them for its financial security and well-being,” said Abs Kapur, Chief Executive Officer of 90POE.

Kapur said the companies plan to bring their technology platforms together to support greater financial security for Filipino seafarers.

For families spending long periods apart, the initiative’s relevance lies in making essential protection easier to reach while a loved one works overseas.

What the agreement means for seafarers

The MOU outlines the companies’ intention to work together. The release does not yet specify coverage benefits, premiums, eligibility requirements, enrollment procedures, or a launch date.

Those details will determine how seafarers and their families can use any resulting service.

For now, the partnership sets a shared goal: connect digital insurance with maritime technology to improve access to financial protection for people working at sea and those depending on them at home.

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