AFP General Insurance Corporation (AFPGEN) was incorporated and registered with the Philippine Securities and Exchange Commission (SEC) in the Philippines on March 1, 1979. AFPGEN 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. AFPGEN’s principal and registered office is located at AFPGEN Building, Camp Aguinaldo, Bonny Serrano St. Corner EDSA, Quezon City.
AFPGEN is a wholly-owned subsidiary of the AFP-Mutual Benefit Association, Inc. (AFPMBAI) which was initially 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 the AFPGEN’s financial performance, the IC in 2002 issued a certification authorizing AFPGEN to also engage business with the general public/clientele.
On January 1, 2015, AFPGEN was granted a Certificate of Accreditation and Authority to issue Compulsory Insurance Coverage for Agency-Hired Overseas Filipino Workers until December 31, 2015.
Certificate of Authority (CA) No. 2013/108-R was also granted to AFPGEN by the IC to transact in non-life insurance (fire, marine, casualty and surety) business until December 31, 2015. The IC renewed AFPGEN’s license with CA No. 2016/69-R-R, valid until December 31, 2018.
We are a Company that protects the non-life insurable interests of the uniformed services, their personnel and family members, and the general clientele.
By the end of 2018, we will be the preferred non-life insurance company of the uniformed services, their personnel and famiy members, and eventually the general clientele.
cor EDSA, Camp Aguinaldo,
EDSA, Greenhills East,
Ecoland, Davao City