Who We Are
Corporate Guarantee (CG) is a non-life insurance company established on July 25, 1997 in the City of San Fernando, Pampanga. For more than 20 years, it has been offering insurance coverage of Motor, Fire, Personal Accident, Casualty, Marine, and Bonds to its valued customers. Currently, CG is one of the top 25 non-life insurance companies in the Philippines.
Last December 4, 2018, the company has been awarded the renewal of its 3 year certificate of authority by the Insurance Commission for the period of January 1, 2019 to December 31, 2021 for having complied with the minimum capital requirement of P550 million for the year 2016. Under The Amended Insurance Code of the Philippines, existing insurers must have a net worth of P550 million by December 31, 2016, P900 million in 2019, and P1.3 billion in 2022.
Our Quality Management System conforms to global standards as we are one of the only six non-life insurance companies to be granted with an ISO Certification. On April 23, 2004, the company has earned the ISO 9001:2000 Certification and was recertified with ISO 9001:2008 last May 15, 2013. After passing the rigorous audit conducted by SGS Philippines last May 9, 2015, the company was awarded with ISO 9001:2015 Certification.
Corporate Guarantee progresses to move up the ladder and continues to expand its network with branches in Pampanga, Metro Manila, Bulacan, Tarlac, La Union, and Ilocos Norte.
As we continue to provide quality service to our customers with billions of insurance claims paid throughout the years, you can be sure that here at Corporate Guarantee, we value our commitment.
Corporate Guarantee is a member of the Laus Group of Companies – a conglomerate of enterprises that engages in the automotive, non-life insurance, motorcycle, real estate, financing, food service, motor oil & lubricants, gas station, hotel, media, and entertainment businesses.
Liberato “Levy” P. Laus was probably one of the most accomplished and most awarded Filipino businessmen of his generation and undoubtedly the most familiar champion of countryside development with a visionary zeal.
Among his prestigious awards are: Most Outstanding Kapampangan in the field of business with civic consciousness given by the province of Pampanga in 1991, Outstanding Fernandino in the field of business and entrepreneurship given by the City of San Fernando in 2009, Most Distinguished Bedan given by the San Beda College Alumni Association in 2008, Most Distinguished Alumnus in the field of business by the Don Bosco Academy in 1983, Outstanding Alumnus given by Don Bosco Academy on its 50th Anniversary in 2007, Distinguished Bosconian Alumnus given by Don Bosco Academy in 2016 Outstanding Achievement Award from the Clark Development Corp. in 2008, Presidential Medal of Merit from former President Gloria Macapagal Arroyo in 2005 and Blessed Philipp Rinaldi Servant Leader from the Salesians of Don Bosco Philippines in 2007.
Coming from humble beginnings, Laus was driven by a personal dream to transform his life not only by achieving success but by building a legacy. In effect, he was a man with an extraordinary mission. Armed with a vision, imbued with the value of hardwork, challenged by innovation and change itself, and inspired by love for his hometown, now the City of San Fernando, Laus set out to cut a distinct path for himself.
In 1978, Laus, already on an upward career trajectory in the banking industry, left his corporate job as bank manager to pursue his dream and mission. He put up a small and obscure automotive dealership -three cars on display and funded with a meager capital – in the backwater capital town and in a business environment threatened by both economic and political uncertainties at the time. That mother company has since grown and expanded into a highly diversified conglomerate now known as the Laus Group of Companies. The group is now the largest multi-brand dealership network in the Philippines, with over 45 dealerships from Metro Manila, Central and Northern Luzon.
Laus had his baptism of fire when Mount Pinatubo erupted in 1991 and lahar flow threatened to bury San Fernando and other parts of Pampanga. With his leadership skill, organizational savvy and unmoved conviction, he cobbled a disaster management group called the Save San Fernando Movement that became instrumental in bringing together government leaders, businessmen and other members of civil society to compel government to build a protective dike to stop lahar on its tracks and save the capital town from total disaster.
Today, the LausGroup continues to transform the landscape of countryside business and expand its reach and influence across Northern and Central Luzon hewing as faithful as ever to its avowed role as catalyst for countryside progress.