Company Description:
PUIC was established on June 5, 1945, by the late Don Aurelio Periquet Sr., a trailblazer in the industry. Soon after, the company received Certificate of Authority No. 1 on July 21, 1945, granted by the President of the Philippines, empowering it to underwrite fire, marine, automobile, accident, and miscellaneous lines, and act as surety on official bonds and undertakings.
Notably, Pacific Union issued its first bond on behalf of former President Jose P. Laurel Sr. in favor of the Commonwealth of the Philippines, marking a significant historical milestone. Recognized for its excellence, Pacific Union was named “Insurance Firm (Non-Life) for the year 1952” by the Business Writers Association of the Philippines. Upholding its legacy over 70 years, the company remains committed to prudent underwriting practices, prioritizing a quality portfolio and customer satisfaction through efficient claims handling. Under new management, the Board of Directors comprises young and dynamic professionals, chaired by Mr. Roy G. Padiernos, leading the company with impressive forecasts. Bolstered by treaty facilities from leading reinsurance companies locally and internationally, Pacific Union offers automatic coverage on risks, with excess subject to facultative reinsurance. Accredited by various banks, financing institutions, and government entities, Pacific Union ensures broader reach in servicing its clients.
