Monday, November 17, 2014

SGI Philippines General Insurance Co. Inc. is an initiative of Shriram Group, the Indian financial services conglomerate and Sanlam Group, the largest insurance company in South Africa. With paid-up capital more than Php 350 Million, SGI Philippines is ranked among the top ten insurance companies in this country. We have strength and commitment to protect the Filipino people and serve them with a smile. Our wide portfolio of product is aimed at different sectors ranging from Fire Insurance to Motor, Engineering, Marine to Miscellaneous and PA to Bond Policies. Our latest product Micro Insurance is specifically designed to service the risk and protection needs of the masses at an affordable price.

Born of Rich Legacy 
The Company was incorporated in 1964 by the American Foreign Insurance Association (AFIA) the largest worldwide insurance provider and was acquired by the Soriano family in mid 70’s. In 1984, Cigna a leading American insurer merged with AFIA and Monarch Insurance thus became a subsidiary of AFIA CIGNA. In 2011, Indian conglomerate Shriram Group took over the management of the company and initiated financial restructuring & regulatory compliance. The group along with Sanlam Group of South Africa also invested in the company substantially. Shriram General Insurance, the fastest grown insurance company in India, further invested in the company in 2013 to become the largest stakeholder and provider of technology.

Shriram Group 
Shriram is a leading Indian Conglomerate engaged in a variety of financial services including retail lending, consumer durables finance, truck finance, chit funds, project engineering, manufacturing, Life and Non-life insurance, software consulting, stock broking and real estate. The group size can be judged by the numbers. Today the group has over 45, 000 employees and operating through 2,400 branches with a customer base of 9.50 Million and manage funds of over USD 16 Billion in the business of financial services including life insurance and general insurance.

Our Core Values
• Customer’s interest ahead of our own
• Absolute integrity and transparency.
• Utmost confidentiality of customer information
• Value for money
• Speedy Service and Customer satisfaction

We're proud of what we do - we act sensitively with the highest standards of integrity and social responsibility.

2 comments:

  1. Thanks for sharing. Here I found a useful blog about Insurance scams in the Philippines.

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