Welcome to AFPGEN
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AFP General Insurance Corporation (“the Company”) was incorporated and registered with the Philippine Securities and Exchange Commission (SEC) in the Philippines on March 1, 1979. The Company is engaged in the business of motor car, fire, marine, fidelity and surety insurance, and on all other forms of non-life insurance authorized by law. The Company’s principal and registered office is located at 3rd Floor, AFPGEN Building, Camp Aguinaldo, Bonny Serrano St. Corner EDSA, Quezon City.
The Company is a wholly-owned subsidiary of the Armed Forces of the Philippines-Mutual Benefit Association, Inc. (AFPMBAI) which was created to service the insurance needs of the country’s military and police organizations. AFPGEN’s establishment as a distinct business entity was a product of the Insurance Commission’s (IC) directive in 1978 for AFPMBAI to separate its life and non-life insurance functions.
With its singular non-life insurance focus, AFPGEN developed a deeper understanding of the special concerns of its clients and delivered well on its mandate of protecting the country’s defense assets as a provider of non-life insurance policies and issuer of surety bonds for the bidders and suppliers of the AFP and PNP.
Attesting to the quality of AFPGEN’s service and the strength of its financial performance, the Insurance Commission in 2002 issued a certification authorizing AFPGEN to also engage business with the general public/clientele.
Certificate of Authority (CA) No. 2013/108-R was granted to the Company by the IC to transact in non-life insurance business until December 31, 2015. The IC renewed the Company’s license with CA no. 2016/69-R-R, valid until December 31, 2018.
On January 1, 2015, the Company was granted a Certificate of Accreditation and Authority to issue a Compulsory Insurance Coverage for Agency-Hired Overseas Filipino Workers.