Founded and organized by the late Robert Coyiuto, a veteran insurance man and the first Filipino to become a member of the prestigious Lloyds of London, Prudential Guarantee’s gross premiums written have now reached Php 9.64 billion, making it one of the largest non-life insurance companies in the Philippines.
The company’s operations nationwide have also expanded with 37 offices now operating in key cities and provinces, with several more scheduled to open. Through superior technical knowledge, innovative marketing and excellent service, Prudential Guarantee handles more than 630,000 clients, many of whom belong to the country’s top 1,000 corporations.
We have also, over the years, grown to be active in the international reinsurance market, underwriting millions of dollars worth of business with the big reinsurance houses of Europe through an elaborate network of insurance brokers.
In 1991, Prudential Guarantee has successfully entered into a joint venture with Sompo Japan Insurance Inc. (formerly Yasuda Fire and Marine Insurance Company, Ltd.), one of the first fire insurance organizations in Japan and one of the top 10 non-life insurance companies in the world, to form PGA Sompo Japan Insurance Inc. (formerly PGA Yasuda Insurance Company, Inc.) PGA Sompo Japan is now a highly successful organization, servicing the insurance needs of numerous multinational companies based in the Philippines.
Today, Prudential Guarantee led by its Chairman and Chief Executive Officer Robert Coyiuto, Jr., continues to provide its clients with cost effective protection through innovative and responsive insurance programs upheld by proactive settlement of claims.