To maintain and further enhance its almost five decades of being a stellar provider of dependable, quality and affordable insurance and surety coverage to its vast clientele, share its technical expertise and experience and deliver excellent services through prudent, effective and efficient business practices guided by the highest ideals of integrity and professionalism.
TPISC was organized under the laws of the Republic of the Philippines on 20th of October 1964 as a 100% Filipino Owned domestic non-life insurance company. Its original Certificate of Authority to operate was issued on 22 December 1964 by the Insurance Commission. The Company had been authorized to deal in various lines of insurance business when it started writing policies in February 1965. It was licensed as a Surety company on the 9th of August 1965, having secured Administrative Order No. 131 upon approval of the President of the Philippines. Like the hand that protects, the Corporation has gained the elusive trust and confidence of the insuring public since then.
The present owners acquired the company in January, 2000 on a lock, stock and barrel basis. The entry of the new owners paved the way for an increase in paid-up capital. Moreover, due to the significant improvement in underwriting results and substantial rise in investment income, the company is geared towards making a big leap with the end-in-view of obtaining a remarkable share in the local market.
