Our History

Explore the roots of PBAC.

Since the 1960’s the company has grown to become one of the largest, privately-owned business, providing quality insurance coverage for that past 56 years.

  • 1960

    Organized by a group of British companies, namely: Ker and Co., Ltd.; Sun Insurance Office, Ltd.; Phoenix Assurance Co. and Union Insurance Society of Canton, Ltd.

  • 1980

    The Wong Chu King family, also the owner of Mighty Corporation, bought the shares of Ker & Co.

  • 1987

    The Wong Chu King family took full control of the company.

  • 1992

    Rosario W. Cuyegkeng became President of the company

  • 1995

    Opened first two distribution channels in Cebu and Davao. With a paid up capital of P10M

  • 1996

    Reached P100M Gross Premium Written.

  • 2003

    Grew to 21 locations nationwide.

  • 2015

    Reached P900M Gross Premium Written.

  • 2016

    Re-launch of website.