Announcement of the Completion of
the Approved Merger between
The Mercantile Insurance Co.,
Inc. and FPG Insurance Co., Inc.
We are pleased to announce that the merger
between Mercantile Insurance and FPG Insurance has been successfully completed
after receiving all necessary regulatory approvals from the Insurance
Commission, the Philippine Competition Commission, and the Securities and
Exchange Commission. The merged entity now operates under the name FPG Mercantile Insurance Co., Inc.
FPG Mercantile brings together over 130 years
of combined industry experience, a workforce of more than 700 employees, and an
expanded nationwide network of 24 branches. By uniting the strengths and
expertise of both organizations, the merger positions us to deliver greater
value to our policyholders and partners. It strengthens our ability to provide
more consistent service, broader capabilities, and enhanced support—while
upholding the trust, reliability, and shared commitment to transforming the
insurance industry and becoming the leading non-life insurance company in the
Philippines.
Our business operations will continue as
usual. All existing insurance policies, contracts, and agreements remain valid
and enforceable, with no changes to existing coverage, benefits, or premiums as
a result of the merger.
Current service arrangements will continue during the transition period. Should there be any adjustments or enhancements to service processes, we will communicate these directly as part of our continued efforts to provide a seamless experience and deliver the best possible service to our clients and partners.
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OUR PRODUCTS & SERVICES:
FIRE
MOTOR
ENGINEERING
PERSONAL ACCIDENT
CASUALTY
BONDS
MARINE
For quotation requests, product related inquiries or other concerns you may reach us at [email protected] or directly call us at (02) 8859 1200 or (02) 7944 1300.
Insure what matters most TODAY!
SAM