Top 10 Insurance Companies in Philippines 2024 – Ranking & Update

Top 10 Insurance Companies in the PhilippinesTop 10 Insurance Companies in the Philippines

Top 10 Insurance Companies in the Philippines

Discover the leading Top 10 Insurance Companies in Philippines 2024. Our updated list showcases the top insurers, helping you make informed choices. Explore the best options today.

Top 10 Insurance Companies in Philippines 2024

  1. Philam Life

At AIAPhilam Life, we know that life never stops changing, and that people need a partner who understands and supports them through life’s challenges and opportunities.

This is why we are committed to genuinely engage with our customers through meaningful dialogue. By talking to them, we know that we can better provide them with the right solutions and the right plans that turn struggles into successes, fears into peace in mind, and dreams into reality.

Service

Health

Savings

Group Life

Protection

Investment

Group Accident

Medical

Philam Vitality

Group Medical

Education

Credit Life

Contact no:(02) 8 528 2000

Address:15-18F Net Lima Building

5th Avenue corner 26th Street

Bonifacio Global City, Taguig

Metro Manila, Philippines 1634

Website:https://www.philamlife.com

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  1. BPI-Philam Life Assurance Corporation

BPI-Philam Life Assurance Corporation is a strategic alliance between two leading financial companies in the Philippines – The Philippine American Life and General Insurance Company (Philam Life) and Bank of the Philippine Islands (BPI).

As a combined brand, Filipinos can trust BPI-Philam to help achieve their dreams through solutions that are accessible, affordable and personalized.

Service

Protection

Insurance With Investment

Corporate Solutions

Health

BPI-Philam Direct

Savings

Partnership Insurance

Wellness Series

Contact no:(02) 8 5285501

Address:15th Floor BPI-Philam Life Makati (formerly Ayala-FGU Bldg) 6811 Ayala Avenue Makati City 1226

Website:https://www.bpi-philam.com

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  1. Malayan Insurance Co., Inc.

Malayan Insurance Co., Inc. is the leading non-life insurance company in the Philippines. Founded in 1930, Malayan offers its client and the public guaranteed peace of mind through service excellence, quality insurance protection, and the prompt processing and settlement of just and valid claims.

Service

Camille

Customer Service Center

Payment Options

Contact no:(632) 8-628-8600

Address:4F YUCHENGCO TOWER I 484 QUINTIN PAREDES ST. BINONDO, MANILA

Website:https://www.malayan.com

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  1. SGI Philippines General Insurance Co. Inc.

SGI Philippines General Insurance Co. Inc. is a venture of Shriram Group, the Indian financial services conglomerate – a leading Indian Conglomerate engaged in a variety of financial services including Commercial Vehicle Financing, Consumer & Enterprise Finance, Retail Stock Broking, Life Insurance, Chit Funds and Distribution of Investment & Insurance Products. The group size can be judged by the numbers. Today the group has over 79,000 + employees and operating through 3850 branches and manages funds of over USD 22 Billion in Financial Services including Life Insurance and General Insurance.

Service

Motor Insurance

Fire Insurance

Engineering Insurance

Marine Insurance

Miscellaneous Insurance

Personal Accident

Contact:+63-2-88480188

Address:15/F, Citibank Towers,

8741, Paseo de Roxas,

Makati City, 1227 Philippines

Website:https://sgiphils.com.ph

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  1. Cibeles Insurance Corporation

Cibeles Insurance Corporation is one of the strongest and fastest growing non-life insurance companies in the Philippines. We built over 3 decades of service excellence on our reputation for prompt and efficient claims service, which has earned the respect and confidence of our agents and brokers in promoting our company’s services to their clients.

Service

FIRE & ALLIED PERILS

ENGINEERING INSURANCE

MOTOR CAR INSURANCE

MARINE INSURANCE

CASUALTY INSURANCE

BONDS

Contact no:+63 (2) 242-1631 to 40

Address:6th Floor State Centre Building

333 Juan Luna Street,

Binondo, Manila,

Philippines

Website:https://www.cibeles.com.ph

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  1. Howden

Founded in 1994, the Howden Group comprises broking divisions Howden, underwriting division DUAL, and data and technology business, Hyperion X.

Service

Group Life

Group Medical

Group Travel

Group Personal Accident

Contact no:+632 865 27475

Address:5F, 111 Paseo De Roxas cor., Legaspi Street, Legaspi Village, Makati City, Philippines

Website:https://www.howdengroup.com

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  1. Philippines First Insurance Co., Inc.

Over a century since its founding, Philippines First remains a dynamic industry player ranked 4 th in terms of net worth (2016 Insurance Commission Annual Report). It is an all-line non-life insurance company providing vital insurance protection to generations of Filipino families and business enterprises.

Philippines First Insurance Corporation (Philippines First) is deeply rooted in our nation’s history. It holds the distinction of being the very First non-lfe insurance company established in the Philippines. Philippines First was established in 1906 during the advent of the American colonial period. Although we had just lost the Philippine-American war, significant developments in education, trade and commerce, and governance propelled our country into the era of economic development. Thus, the operation of Philippines First provided our pioneering entrepreneurs with critical insurance protection needed to secure, stabilize and grow their fledgling businesses.

Service

Auto First

Travel First

Home First

Personal First

Other First

Contact no:(08)-8-892-8888

Address:6764 Ayala Avenue 1226 Makati City Philippines

Website:https://www.philfirstinsurance.com.ph

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  1. Commonwealth Insurance Company (CIC)

Commonwealth Insurance Company (CIC) was established in 1935 by Don Andres Soriano, who also founded San Miguel Brewery. Computed to be in its 7th decade, CIC is one of the most experienced insurers in the Philippines. Surviving the challenges of time, its ownership has been transferred from various hands until the present professional group of enterprising investors took over on October 7, 1997. These investors were ably led by Mario A. Noche, who eventually became the Chairman of the Board and concurrently the Chief Executive Officer and President of Commonwealth Insurance Company.

Service

Fire Insurance

Bonds

Marine Insurance

Motor Car Insurance

Engineering Insurance

Personal Accident Insurance

Special Risk

Miscellaneous

Contact no:(02) 8403-0848; 8813-8475; 8818-7626

Address:10th, 12th & 19th Floors BDO Plaza 8737 Paseo de Roxas,

Makati City, Metro Manila, Philippines 1226

Website:https://cic.com.ph

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  1. PGA Sompo Insurance Corporation

Originally known as PGA Yasuda Corporation Inc. PGA Sompo Insurance Corporation is one of the leading and fastest growing non-life insurance companies in the Philippines.

The Company was established in 1991 as a joint venture of two respected and prominent industry leaders – Prudential Guarantee and Assurance, Inc., a recognized leader in the insurance industry in the Philippines and Sompo Japan Nipponkoa Insurance Inc., one of the largest Property and Casualty (P&C) insurance in the world and the largest standalone P&C insurance company in Japan.

Service

Personal Insurance

Business Insurance

Contact no:(02)88113417

Address:5th Floor Corinthian Plaza 121 Paseo de Roxas, Legazpi Village, Makati City 1229 Philippines

Website:https://www.pgasompo.com.ph

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  1. BIMA

We are a ground-breaking Swedish company that uses mobile technology to deliver affordable and easy-to-use insurance products that underserved families cannot access through traditional channels. We combine technology with a human touch to give emerging market consumers the digital financial solutions they need to protect the future of their families.

Service

Quick Registration

Tried and Tested

Customer Service

Claims Promise

Contact no:Sun: 0933-827-8126

Globe: 0917-464-2462

Smart: 0918-663-3248

Address:2nd floor, Building C, Metrowalk Commercial Complex, Meralco Avenue, Pasig City, Philippines 1604

Website:https://www.bima.ph

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11.Kwik.insure

Kwik.insure digitalizes insurance distribution. Our mission is to accelerate insurance inclusion through technology, product design, and partnerships. Our vision is to be the most valuable insurance partner in Southeast Asia. We distribute insurance through our own online marketplace, e-wallets, e-commerce sites, as well as physical retailers and dealerships. We also make the management of business insurance (HMO, Group Life, Fleet) much easier for HR and Admin Teams through our proprietary digital tools. Kwiktech Insurance Brokerage Inc. is supervised by the Insurance Commission under license No. IB-04-2021-O Kwik.insure aims to provide the highest level of confidentiality, security, availability, and accuracy of information. To learn more, you may read about our Customer Charter, Internet Security Arrangement and Policy, and Vulnerability Assessment and Penetration Testing (VAPT) Certificate.

Want to get in touch? We’d love to hear from you.

Here’s how you can reach us:

  • Live Chat Support (Website)
  • Email at support@kwik.insure
  • Check our Help Center
  • You may also call us at 0917 659 2023, 0917 651 2023 and 0917 117 8240
  • Or follow us on:

Business Hours: Monday to Sunday (9 AM to 6 PM)

Address: 11th Floor SM Aura Office Tower, 26th St., McKinley Parkway, Bonifacio Global City, Taguig, Philippines.

Website: https://kwik.insure/

Bhanu Garg: