PGA SOMPO : About Us

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PGA Sompo Insurance Corporation

PGA Sompo Insurance Corporation (PGA SOMPO) is a joint venture of Prudential Guarantee and Assurance, Inc., the leading non-life insurance company in the Philippines, and Sompo Holdings, one of the top three non-life insurers in Japan.

Established in 1991, PGA SOMPO’s portfolio of insurance products offers a comprehensive range of solutions for its business and individual clients. One of the few companies in the Philippines to offer Trade Credit Insurance, PGA SOMPO secures its client’s business from the impact of bad debt and protects against non-payment and insolvency of customers. PGA SOMPO safeguards its clients against diverse risk management challenges by offering Property, Marine Cargo, Engineering, and almost all classes of insurance available in the market.

Committed to being “Your Trusted Partner in Protection”, PGA SOMPO also offers its consumers personal insurance, which may be customized to fit their needs and budget preferences, such as TravelJOY, HomeJOY, CondoCARE, DengueCARE, Motor, and Personal Accident coverages through advanced digital solutions.

Anchored on its vision to provide its customers with the highest quality services, PGA SOMPO has become the preferred partner for national infrastructure projects and flagship investments in the Philippine industry. Its financial strength, continuously recognized by global credit rating agency AM Best, enables it to support the development of the market. PGA SOMPO is one of the few in the Philippine non-life insurance industry with a global credit rating.

With access to the global resources and expertise of the SOMPO worldwide network continuously developed over more than a century, PGA SOMPO is at the forefront of introducing innovative products as an active partner of the Philippine industry and society towards sustainable growth.

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OUR MISSION

To provide cost-effective protection through innovative and responsive insurance
programs upheld by the proactive settlement of claims;
To nurture our broker, agent and reinsurer relationships;
To foster teamwork, competence, professionalism & excellence among our service-oriented workforce and to afford quality life for our employees;
To be an exceptional corporate model actively involved in national development while
pursuing our profit goals, all done in a spirit of fairness.

OUR VISION

To be a world-class reputable non-life insurance company, preferred and supported by our valued clients and business partners, as the professional provider of the best products and services.

CORE VALUES

To provide the highest possible quality of service to our customers we will:

1. treat each and every customer with sincerity, and act in the knowledge that our every action as an individual shapes our entire reputation as a company;

2. act with initiative, set ourselves the highest goals, and always learn from our actions;

3. strive to be both prompt and clear in our dealings and activities; and

4. act with the utmost integrity

Corporate Officers

Robert Coyiuto, Jr.

Director/Chairman

Yasuhiro Sasanuma

Director/Vice-Chairman

Fumihiko Harada

Director/President and Chief Executive Officer

James G. Coyiuto

Director/Vice-President and Treasurer

Samuel Godwin G. Coyiuto

Director/Vice-President

Maria Rosalina T. Coyiuto

Director/SVP for Corporate Support and CFO

Taichi Yamamoto

Director/SVP for Business Operations and Chief Risk Officer

Celestino L. Ang

Director/Vice-President

Fuma Watanabe

Director/Vice-President

Prudencio T. Coyiuto

Director

Francisco M. Bayot, Jr.

Independent Director

Manuel M. Lopez

Independent Director

Anita Victoria M. Ramos

Independent Director

Justin C. Ongsue

Independent Director

Cristine Cuisia-Remollo

Corporate Secretary

Marcos C. Delin

Assistant Vice-President and Compliance Officer

Juan M. Perez

Assistant Vice-President

Frederick Cesar R. Dimayuga

Assistant Vice-President

Thomas Angelo A. Santos

Assistant Corporate Secretary

ASEAN CORPORATE GOVERNANCE SCORECARD AND COMPLIANCE

To achieve policyholder and stakeholder confidence, the Board of Directors and Management of PGA Sompo Insurance Corporation hereby commit themselves to implement globally accepted Corporate Governance standards and best practices.

Corporate governance methodology is disclosed and may be reviewed following the links below.

2021 CORPORATE GOVERNANCE

CORPORATE DOCUMENTS

Minutes of Annual Stockholders Meeting

Annual Report 2021

Audited Financial Statement

2020 CORPORATE GOVERNANCE

CORPORATE DOCUMENTS:

General Information Sheet 2020

Annual Report 2020

PGA SOMPO_Manual on Corporate Governance

Audit Commitee Charter
Board Risk Oversight Committee Charter
Corporate Governance Committee Charter
Related Party Transactions Committee Charter
PGA SOMPO_Internal Audit Charter
PGA SOMPO_Notice of Annual Stockholders Meeting