FPG Insurance

Completion of the Approved Merger Between The Mercantile Insurance Co., Inc. and FPG Insurance Co., Inc. 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.---------OUR PRODUCTS & SERVICES:FIRECommercial All RiskFire and Lightning including Allied PerilsIndustrial All Risk MOTORCommercial VehicleElectric VehicleMotorcycle Private VehicleENGINEERINGContractor`s All RiskElectronic EquipmentErection All RiskMachinery BreakdownPERSONAL ACCIDENTAll Occasions CardATM SafeMyAutoPA MateMyCyclingClub MateMyMotoClub MateMyPAP MateMyProtection MateMySchool MateMyTravel Mate DomesticMyTravel Mate InternationalCASUALTYComprehensive General LiabilityComprehensive Personal LiabilityDirectors` & Officers` LiabilityEmployer`s LiabilityEvent Liability Excess Auto Liability Fidelity GuaranteeMoney, Securities & PayrollProducts LiabilityProfessional LiabilityScheduled Property FloaterBONDSBidder`s BondBond for Lost StockBond for Lost ChecksDownpayment BondGeneral Surety BondGuaranty BondHeirs` BondPayment BondPerformance BondPerformance Bond (with Salaries & Wages)Performance Bond (Non-construction)Performance Bond (Combined with Downpayment Bond)Real Estate Broker`s BondReconstituted Title BondMARINEAnnual PolicyGoods In Transit PolicyMarine Open PolicySingle Shipment PolicyStock Throughput PolicyFor 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!

The Mercantile Insurance Co Inc and FPG Insurance Co Inc, Announce Merger to Create Leading Non-Life Insurance Powerhouse in the Philippines Manila, Philippines, The Mercantile Insurance Co Inc (Mercantile) and FPG Insurance Co Inc (FPG), two of the largest non-life insurance providers in the Philippines, today announced their definitive agreement to merge. The combined entity, to be named FPG Mercantile, with an estimated combined GWP of PHP 10 billion, will leverage the strengths of both companies to deliver enhanced insurance solutions, greater financial stability, and superior customer service to millions of Filipinos.The merger brings together two long-standing market players. With a combined market share placing it among the top 4 insurance companies by GWP in the non-life sector, FPG Mercantile will be in a position to innovate, expand digital offerings, and navigate the evolving regulatory landscape in the Philippines. The transaction is expected to close by October 2025, subject to regulatory approvals from the Insurance Commission and other relevant authorities. This merger marks a historic milestone for the industry and nation, "said David Zuellig, FPG Regional Chairman. "By bringing together two trusted names, we are creating a powerhouse that will not only lead the market but also set new benchmarks for protecting Filipino families and businesses in an increasingly complex world.""This partnership is a transformative step for the Philippine insurance industry, "said Gigi Pio de Roda, President & CEO of FPG, who will lead FPG Mercantile. " By uniting our resources and talents, we will create a more resilient organization capable of providing comprehensive protection to our clients amid growing economic uncertainties and climate risks," she added.Romulo I. Delos Reyes, Jr., Chairman of Mercantile, added, "Joining forces with FPG allows us to accelerate our growth and deliver even greater value to policyholders across the archipelago. This merger is about synergy, innovation, and a deeper dedication to safeguarding the futures of our customers." "This merger represents possibly the largest non-life insurance deal in the Philippines, a landmark transaction that will redefine the industry" said Gerard Pennefather from Huntington, strategic advisors to FPG. The merged company is committed to supporting its workforce, ensuring a smooth transition for employees of both organizations. FPG Mercantile will offer professional development programs, and opportunities for career growth to its combined workforce of about 700. The company will maintain operations across all cities where they are currently present, with no immediate changes to existing policies or customer services---------OUR PRODUCTS & SERVICES:FIRECommercial All RiskFire and Lightning including Allied PerilsIndustrial All Risk MOTORCommercial VehicleElectric VehicleMotorcycle Private VehicleENGINEERINGContractor’s All RiskElectronic EquipmentErection All RiskMachinery BreakdownPERSONAL ACCIDENTAll Occasions CardATM SafeMyAutoPA MateMyCyclingClub MateMyMotoClub MateMyPAP MateMyProtection MateMySchool MateMyTravel Mate DomesticMyTravel Mate InternationalCASUALTYComprehensive General LiabilityComprehensive Personal LiabilityDirectors’ & Officers’ LiabilityEmployer’s LiabilityEvent Liability Excess Auto Liability Fidelity GuaranteeMoney, Securities & PayrollProducts LiabilityProfessional LiabilityScheduled Property FloaterBONDSBidder’s BondBond for Lost StockBond for Lost ChecksDownpayment BondGeneral Surety BondGuaranty BondHeirs’ BondPayment BondPerformance BondPerformance Bond (with Salaries & Wages)Performance Bond (Non-construction)Performance Bond (Combined with Downpayment Bond)Real Estate Broker’s BondReconstituted Title BondMARINEAnnual PolicyGoods In Transit PolicyMarine Open PolicySingle Shipment PolicyStock Throughput PolicyInsure what matters most TODAY!

FPG Insurance Bayanihan Community Outreach Program - June 2024 PROMOTING PERSONAL HYGIENE TO THE YOUNGER GENERATION FPG INSURANCE – BAYANIHAN EFFORT On June 22, 2024, FPG Insurance organized a commendable Corporate Social Responsibility (CSR) activity focusing on personal hygiene at Pedro P. Cruz Elementary School in Mandaluyong. The event was specifically designed to educate and support the community from Barangka Drive. The activity saw the participation of 50 children along with their parents. The primary goal was to instill the importance of good personal hygiene and cleanliness among the attendees. FPG Insurance`s dedicated team conducted interactive and engaging sessions that highlighted essential hygiene practices, including proper handwashing techniques, oral care, and general cleanliness. To further encourage the children, FPG Insurance distributed personal hygiene kits which included toothbrushes, toothpaste, soap, and hand sanitizers. Along with these essentials, the company also gifted toys to the children, adding an element of joy to the educational experience. Barangay officials were enthusiastic about the initiative. SK Chairman Jade Esquivel remarked, “This is the first personal hygiene education for this barangay, and we are happy that FPG Insurance engaged with the kids below 10 years old.” Kagawad James Hugo added, “This activity is beneficial to the community, especially to the younger generation 10 and below, since we don`t have too many programs for this age bracket.” Brgy. Chairman Darwin Fernandez also expressed his support, stating, “We will fully support FPG Insurance in any community service activities it will do with our community and would be happy to provide assistance to tap into more people who need it.” This CSR activity by FPG Insurance underscores their commitment to giving back to the community and promoting healthier lifestyles. By engaging with the community and offering both educational content and essential personal hygiene supplies during the event, FPG Insurance continues to make a positive impact on society. This initiative is part of FPG Insurance’s broader strategy to engage in meaningful community service and support underserved communities. Their efforts in promoting personal hygiene among children and their families are a testament to their dedication to social responsibility and community welfare.

MyMotoClubMate Owning a motorcycle can bring riders a great sense of freedom and enjoyment. However, it`s essential to recognize that riding a motorcycle also has inherent risks. To mitigate these risks and protect both the rider and their bike, having motorcycle insurance is of utmost importance. Whether you use your motorcycle for daily commuting, weekend rides, or long-distance adventures, having appropriate insurance coverage is vital for several reasons.FPG Insurance`s MyMotoClub Mate is a group personal accident insurance specifically designed for Motorcycle riders. The program covers bodily injury caused by an accident 24 hours a day, 365 days a year, anywhere in theworld. Accidents can result in significant financial expenses, including repair costs for your motorcycle and medical bills for injuries. MyMotoClub Mate helps mitigate these financial burdens by covering the costs of repairs or replacement for your bike, depending on the policy. It can also cover medical expenses, including hospitalization, surgeries, rehabilitation, and medication. This financial protection ensures you receive the necessary care without overwhelming costs.In addition to accidents, the policy also covers you in case of other unexpected events such as dog bites, snake bites, drowning, and natural calamities. With MyMotoClub Mate, you can have peace of mind knowing that you are protected against a wide range of risks motorcycle riders face.Don`t let the fear of accidents hold you back from experiencing the ride of your life. With MyMotoClub Mate, you can confidently hit the road and enjoy the journey knowing you`re always protected.

MyCyclingClub Mate Cycling has become an increasingly popular mode of transportation and recreation for people worldwide. Whether commuting to work, participating in competitive races, or simply enjoying leisurely rides, cyclists face certain risks on the road. While many cyclists understand the importance of wearing helmets and following traffic rules, one aspect that is often overlooked is the need for cycling insurance. Having cycling insurance can provide riders with valuable protection and peace of mind. FPG Insurance`s MyCyclingClub Mate is a group personal accident insurance specifically designed for cyclists. The program covers bodily injury caused by an accident 24 hours a day, 365 days a year, anywhere in the world. Accidents can still occur no matter how experienced or cautious a cyclist may be. Collisions with vehicles, pedestrians, or even other cyclists can lead to injuries, some of which can be severe. MyCyclingClub Mate can help cover medical expenses and rehabilitation costs, provide a financial safety net during a challenging time, and ensure that riders receive the necessary care and support. Cycling is not limited to a specific geographical area. On their bikes, many cyclists enjoy exploring different cities, countries, or even continents. Traveling with a bike introduces additional risks, such as accidents, theft, or damage during transportation. Having MyCyclingClub Mate that offers worldwide coverage ensures that riders are protected no matter where their cycling adventures take them. Besides the core coverage mentioned above, MyCyclingClub Mate may also offer additional benefits. These can include roadside assistance, coverage for accessories and gear, legal advice, and even support for alternative transportation in case of bike theft or damage. Such benefits further enhance the value of cycling insurance and provide comprehensive support to riders. FPG offers this insurance policy and is specifically targeted toward bikers associations with a minimum of 20 members. However, if your association has less than 20 members but more than 10, you can still apply for coverage with an additional 50% premium surcharge per member. This policy is available to all riders aged 18 to 65 years old. Considering the risks associated with cycling, investing in MyCycling Club Mate is a wise decision that allows riders to enjoy their passion while knowing they are well protected.

FPG Insurance Partners with Ayala Land Inc. for the 2023 Green Run FPG Insurance, a leading provider of insurance services, is thrilled to announce its partnership with Ayala Land Inc., one of the country`s premier real estate developers, for the highly anticipated 2023 Green Run marathon. Set to take place on June 25, 2023, a Sunday, this exciting event aims to promote sustainability, health, and community engagement.The Green Run marathon has gained a reputation as a flagship event, attracting avid runners, fitness enthusiasts, and eco-conscious individuals from all walks of life. By collaborating with Ayala Land Inc., FPG Insurance further solidifies its commitment to supporting initiatives that prioritize environmental responsibility and social well-being.As a strong advocate for a greener future, FPG Insurance recognizes the importance of sustainable practices in safeguarding the environment for future generations. The Green Run marathon serves as a powerful platform to raise awareness about climate change, conservation, and the positive impact of adopting eco-friendly lifestyles.Read More: https://mb.com.ph/2023/6/1/vermosa-green-run-2023-re-commits-to-the-environment-and-adds-a-1-k-dog-run