Friday, 29 March, 2024
Pru Life UK | Makati, Philippines - Rethink Agility
- Managed Office
- 35,309 sq ft
- 3,000 people
- Makati, Metro Manila, Philippines
The Instant Group has successfully delivered a new Managed Office for Pru Life UK, a leading insurance company in the Philippines. This project marks the second PRUHouse in Manila as Pru Life UK reduce their real estate footprint by up to 60%.
Context
The Instant Group has successfully delivered a new Managed Office for Pru Life UK, a leading insurance company in the Philippines. This project marks the second PRUHouse in Manila as Pru Life UK works towards reducing their Philippines real estate footprint by up to 60%.
Pru Life UK had traditional offices that were underutilised, not fit for purpose, and didn’t provide their agents with flexible ways of working. They required a modern, flexible, and vibrant facility promoting collaboration and flexibility.
Challenges
- Transition from Traditional Offices: Pru Life UK needed to move away from multiple traditional agency offices in Manila to embrace flexible workspaces that can be easily adapted to different users and working styles.
- Escalating Real Estate Costs: Rising costs against an ambitious growth plan required a change in the physical workspace, with a focus on optimising space utilisation.
- Adaptive and Hybrid Work Models: The shift to hybrid work necessitated a rethinking of the office space purpose.
- Talent Attraction and Retention: A strong focus on recruitment of Gen Z, required a modern and appealing workspace.
- Resource Allocation: Pru Life UK’s office transition required additional resources to ensure timely and efficient execution, freeing up their internal teams to focus on core business activities.
- Limited FM Support: Pru Life UK needed enhanced facilities management support to address their operational requirements and ensure seamless maintenance of their office spaces.
- Uninspiring Work Environment: The existing office setup was not fit for purpose with minimal collaboration spaces.
Outcomes
- Customized Solution: Instant delivered a 35,309 sq ft fully customized solution, known as PRUHouse Makati, accommodating over 3,000 active agents.
- Specialist Experience Design: Instant engaged specialist experience design consultant, The XMakers, who provided bespoke workplace experiences aligned to overall portfolio strategy developed by Incendium.
- Dynamic Workplace: The new PRUHouse offers a vibrant workplace, promoting collaboration and flexibility with social hubs, Instagramable areas, breakout spaces, formal workspaces, meeting pods, and training rooms.
- Quality & Compliance: Executed a stringent design development, statutory approvals, and construction process reinforcing Pru Life UK's brand identity.
Established in 1996, Pru Life UK is the pioneer of insuravest, or investment-linked life insurance products, in the Philippines and is one of the first life insurance companies approved to distribute US dollar-denominated investment-linked life insurance policies in the country.
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