Named as one of the highly ascribed non-life insurance companies in the Philippines, Corporate Guarantee & Insurance Company (CGIC) was officially launched on 16th August 1997.
Offering various non-life insurance products catering to Motor, Fire, Personal Accident, Casualty, Marine and Bonds requirements, CGIC was registered with the Securities and Exchange Commission on 19th June 1997 and the Insurance Commission on 25th July 1997.
CGIC is among the top 25 out of more than 60 non-life insurance players in the country today.
The company takes pride in its ISO 9001:2000 certification for maintaining Quality Management System, given on 23rd April 2004.
The slogan “We Value our Commitment” is again backed by an ISO 9001: 2008 certification, a testament to CGIC’s commitment in providing quality non-life insurance products and services, through efficient and effective systems and procedures.
This citation makes CGIC one of only 6 non-life insurance companies in the Philippines to be given an ISO certification.
Its ISO 9001:2008 Re-certification was given on 15th March 2013 after passing the rigorous audit conducted by SGS Philippines.
To this day, CGIC continues to conform to global standards, offering services that are, indeed, certifiably world-class.
As a testament of CGIC’s strength, stability, and its readiness to handle its growing clientele, the company moved to its own building located beside Carworld (a Mitsubishi Car Dealership) in the City of San Fernando, Pampanga in July 2004.
CGIC is one of the various companies under the Laus Group of Companies, a diverse network of firms formed in 1978 and mainly engaged in the automotive industry representing 10 different car brands along with its own used car business. Now, The LausGroup is also into distribution of tires, motor oil, lubricants, magwheels, window film distribution, financing, media, food services, real estate and gas station service, with a workforce of more than 1,200 employees in more than 60 business units, and still counting.
Since its inception, Laus Group’s dealerships have multiplied exponentially over the years to become the largest and fastest growing multi-car dealership network in the country, known today as the LausAutoGroup.
LausAutoGroup’s network of five star service centers, each equipped with state of the art facilities and manned by highly-trained and multi-awared service personnel, are strategically located within the network’s areas of business namely in Quezon City, Bulacan, Pampanga, Bataan, Subic, Tarlac, Nueva Ecija, Pangasinan, Isabela, La Union, Baguio and Ilocos Norte. Along with the ISO 9001 certification and a steady growing list of satisfied clients and partners, CGIC’s list of accolades are also growing, among these are the citation for Best in Corporate Social Responsibility during the 1st Philippine Insurers and Reinsurers Association (PIRA) Awards at The Peninsula Manila Hotel on 21st October 2011. CGIC was also recognized as one of the Top 50 Real Property Taxpayer for 2011 by the City Government of San Fernando, Pampanga on 15th February 2012.
With billions of insurance claims paid throughout the years, you can be sure CGIC has got you covered.
Aside from being one of the highly capitalized non-life insurance companies in the country to date, CGIC also rank among the top insurance companies in terms of investments, total assets and premiums earned.
CGIC takes pride in its F-E-F: Fast, Efficient and Fair servicing of claims. It’s service is stamped with the LausGroup’s five star service centers with state of the art service equipment and supply of genuine spare parts.
AREAS OF OPERATION
CGIC is located at the 2nd floor, CGIC Building, Jose Abad Santos Avenue, City of San Fernando, Pampanga, Philippines. The establishment of its headquarters in San Fernando is in line with its mission of bringing the company’s services as close to its customers as possible. This is consistent with the broader vision of the LausGroup in bringing development, spurring growth and promoting business in the countryside. CGIC also has offices in Metro Manila, Bulacan, Pangasinan, Tarlac and Ford Pampanga thru a tie up with all of Laus Group’s automotive dealerships.
ABOUT THE CHAIRMAN
From the one peso bill he faithfully kept as a young man inscribed with lofty dreams “may this one peso turn into millions”, LausGroup Chairman and Founder, Liberato “Levy” P. Laus has indeed come a long way. From the public market of San Fernando, he still is actively pursuing his dream of transforming and bringing progress to the countryside.
For LPL, as he is called today, his growing conglomerate is the product of a steady evolution of fulfilling that dream, a process that began way back in 1978, the year he boldly decided to leave his corporate job as a bank manager and become an entrepreneur at the age of 28. Levy took the challenge and the risk to remain in his hometown of San Fernando in Pampanga. What was started then a small car dealership with 3 car displays funded with 100 thousand peso capital is now the LausGroup, a conglomerate with more than 60 businesses engaged in automotive dealerships, car care and supplies, non-life insurance, media, food, real estate among others.
CGIC was borne out LPL’s vision of providing total, complete service to his growing clientele, thus including non-life insurance services ranging from motor, fire, personal accident, marine, casualty and bonds. CGIC is now among the handful ISO-certified insurance companies and one of the top insurers in the country. 3 decades later and counting, Levy P. Laus continues to define and change the landscape of countryside business. The LausGroup now has become a steady driving force in the economy primarily of provinces in Central and Northern Luzon.