About Us
Alpha Insurance & Surety Company Inc., (AISCI),
Established on May 13, 1957, is a domestic non-life insurance company in the country. It is a 100% Filipino-owned company currently operating under Certificate of Authority No. 2025/55-R, granted by the Insurance Commission with validity until December 31, 2027, and with a license as a Surety Company under Administrative Order No. 244, approved by the president of the Republic of the Philippines.
Previously, Alpha Insurance was part of a huge conglomerate that led and pioneered the steel industry in the Philippines. Back then, the Company primarily served the insurance needs of its parent company, the Jacinto Group, and its subsidiaries.
Under the new management for the last 25 years , the Company has grown steadily and has become a force to reckon with in the industry after having established its niche in Motor Car insurance and Surety lines. The management’s expertise in operational and financial management has levelled up the company’s operations resulting to remarkable growths in the following areas;
- As of 2024, the number of employees has increased to 463 from merely 12 employees; the business has expanded to the key and strategic cities in the country with the establishment of 80 branches and 5 service offices from a lone office in Makati way back in 1999.
- Out of the company’s meagre assets of P30.4 million in 1999, it has risen to P 3.3 billion in 2023
- As the non-life industry is highly imbued with public interest, one of its indicators of stability is the paid-up capitalization. The Company has become one of the highest capitalized insurance providers in 2019 by clinching the 10th rank amidst 58 competitors in the industry.
Alpha Insurance & Surety Company Inc., is now a force to be reckoned with in the industry, with a dynamic and growing roster of 519 licensed agents, good claim settlement record, sustaining the public’s trust and confidence, with a recognized brand of service that catapulted the Company to be the recipient of the Global Brand Award – the Annual Consumers Choice Award in 2014.
As the Company continues to soar to this day, the management’s commitment to provide more insurance protection to a wider market, its Microinsurance line became the latest addition to the expanding product offering of the company in 2021. Notably, the Company espouses the value of alleviating the risks being encountered by the marginalized sector and generally uplifting the lives of the Filipinos through microinsurance in times of life’s challenges, death and property loss. Consequent to the management’s thrust to create and offer affordable accident insurance coverage , its microinsurance products are also available and accessible through the company’s expanding distribution channels nationwide. Today, Alpha Insurance & Surety Company Inc., remains unstoppable and continues to achieve series of triumphs and victories by helping people become more economically viable and financially sound through its fast, equitable and fair settlement of claims
Alpha Insurance & Surety Company Inc., continues to consistently register significant growth in its market share and showing remarkable increases in sales and in assets all these years. The Company’s best practices and the entrepreneurial skills have sustained and resulted to a steady and solid business operation even during the recent pandemic and led to a continuous growth trajectory in the Company’s key performance indicators as well. As of 2023, the Company has registered Gross Premiums Production of 1.636 Billion; its total assets have soared to 3.376 Billion, while its Net Worth has climbed to 2.186 Billion.
Our Mission
Our Vision
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