ALPHA INSURANCE & SURETY COMPANY, INC. was established on May 13, 1957 as a domestic non-life insurance provider. It is a 100% Filipino-owned corporation currently operating under Certificate of Authority No. 2016/13-R granted by the Insurance Commission valid until December 31, 2018, and with license as a Surety under Administrative Order No. 244 approved by the President of the Republic of the Philippines. As of end of 2016, the company has 252 employees and more than 200 agents / intermediaries. Previously, Alpha Insurance was part of a huge conglomerate that led and pioneered the steel industry in the Philippines. Back then, the Company primarily served the insurance needs of its parent company and its subsidiaries. Since its acquisition in September 1999, under the stewardship of the new management, Alpha Insurance grew steadily and made its presence felt in the insurance industry. It has developed new intermediaries and started to branchout across the archipelago. With renewed public interest, improved claims servicing, fair treatment to agents and brokers, and genuine concern over the welfare of its employees, Alpha Insurance has shown remarkable improvement in all key performance indicators. For the past Eighteen (18) years, Alpha Insurance has registered significant market growth, coupled with notable increase in sales and assets. As of December 31, 2016, it has generated a gross premium production of Php 816 Million. Its total assets, on the other hand, amount to Php1,332 Billion, while its networth is at Php 871 Million. Alpha Insurance was conferred the Global Brand Award for being the Most Outstanding Insurance & Surety Company for the year 2014 during the 34th Annual Consumers Choice Awards held at the AFP Theater on February 27, 2014. Likewise, the company was recognized as one of the top taxpayers for the year 2013 in its Revenue District Office (RDO 34). With this recognition at hand, the Company, promises to keep up with the trend and continue its commitment of providing quality insurance products and services to Filipinos. As one family, Alpha Insurance is prepared to conquer the challenges in the years ahead. |
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MISSIONTo lead, promote and sustain excellence in providing comprehensive non-life insurance services to the insuring public and in the pursuit of excellence.VISIONAlpha Insurance & Surety Company, Inc., together with our shareholders, adhere to the time honored values of trust, commitment and integrity in providing the utmost products and services to suit the ever changing needs of our clients.BOARD OF DIRECTORSThe business and property of the corporation shall be managed and controlled, and the corporation shall be governed by a board of directors of seven (7) members, who shall be elected at the regular or annual meetings of the stockholders and who shall hold office for one year or until the election and qualifications of their successors in accordance with the corporation's by-laws. Immediately after election, the board elect shall meet to elect the officers of the corporation and to transact such other business as shall be incumbent upon the board so to do. The names of the incumbent directors of the corporation are as follows: |
ATTY. OSCAR M. ORBOS | Director | |
JOSE H. REMO, JR. | Director | |
EDMUNDO H. REMO | Director | |
REDEMPTO V. SALES | Director | |
ROMEO J. BERNABE | Director | |
PETER JASON M. REMO | Director |
College Education |
Bachelor of Arts Major in Economics - 1971 Bachelor of Laws 1975 Master of Law (Credits) After passing the Bar Examination he engaged in general law practice with associates until elected representative of the 1st District of Pangasinan in August 1987. |
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Government Positions Held : |
Governor, Province of Pangasinan
July 1995 - June 1998
Congressman, 1st District of Pangasinan July 1992 - March 1995 Executive Secretary, Office of the President December 1990 - July 1991 Cabinet Secretary (Dept of Transportation & Comm.) January 1990 - December 1990 Congressman, 1st District of Pangasinan August 1987 - December 1990 |
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College Education |
University of the East, Manila Bachelor of Science Major in Management - 1971 |
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Seminars Attended : |
Marine Insurance - 1972 Management Executive Course - 1975 Cargo Transport, Handling & Containerization - 1976 Managerial Accounting & Financial Control - 1976 Credit & Financial Analysis - 1978 Specialized Course on Marine Insurance - 1978 Engineering Insurance - 1979 Loss Adjustment Seminar - 1988 Among others he attended specialization seminar/workshop here and abroad. |
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Work Experience : |
Alpha Insurance & Surety Company, Inc. Managing Director & Treasurer/Vice Chairmanof the Board/Chief Executive Office/Stockholder January 2000 up to present |
1. To make and promulgate rules and regulations not contrary to or in conflict with law, the articles of incorporation and those by-laws, governing the internal affairs of the corporation; 2. To authorize the president, the vice-president or other officer of the corporation to enter into any negotiation, contract or agreement with any person, firm or entity which it may consider necessary for the best interest of the corporation or which maybe incidental to/or necessary and proper in the performance of its corporate powers, rights and functions; 3. To pass upon the budget, accounts and expenses of the corporation; 4. To approve all appointments made by the President of employees and personnel of the corporation as well as their salaries or compensation and terms of employment; 5. To authorize the sale, mortgage, transfer or other disposition of any property of the corporation, real or personal, or the purchase or other acquisition of such real estate, personal property, furniture, fixtures, or office equipment as may be needed by the corporation; 6. To authorize the establishment of branch offices of the corporation at such places, within or without the Philippines, as it may consider advantageous; 7. To declare and determine the rates of each dividends and to set aside from the annual profits of the corporation, if any, such amounts as may be necessary to pay such dividends to the stockholders, provided that the board in its discretion, place all the profits earned by the corporation during any one year on reserve or set the same aside as undivided profits; 8. To authorize the payment of annual or semi-annual bonuses or gratuities to any deserving employees or officers of the corporation and determine the amount thereof, if in the board's discretion the earnings and financial standing of the corporation warrant such payment; 9. To require of such officers, agents, or employees as it may deem necessary, bonds for the faithful performance of their duties and to determine the amounts and sufficiency of such bonds; 10. To exercise and perform such other powers or duties as are ordinarily incumbent upon similar members, or are assigned to it by the laws of the Philippines, or those which maybe necessary are the proper administration of the business of the corporation, or for the protection of its interests. 11. The board of directors may appoint a general manager of the corporation who, subject to control by the board shall exercise such powers, functions and duties of the board or of any of the officers as the board may deem necessary and convenience to delegate and assign to him from time to time in addition to such duties and functions as ordinarily pertain to said office. |
JOSE H. REMO, JR. |
Chief Executive Officer Managing Director & Treasurer Plans & directs all aspects of the corporation policies, objectives, initiatives. Relies on experience and judgment to plan and accomplish goals. Responsible for directing the corporation overall financial policies. |
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EDMUNDO H. REMO | President The President shall have the power and duty to preside at all meetings of the stockholders and the board of directors; to represent the corporation in any negotiation which may be necessary to make in the usual course of business of the corporation or which the board may specifically authorize him to do and in connection therewith to sign, execute and deliver such contracts, documents or other instruments as may be necessary and proper; o recommend to the board the appointments, dismissal, compensation and terms and conditions of employment of all employees and personnel of the corporation; plans and directs all aspects of the corporation's operational policies, objectives, initiatives. Reports to Chief Executive Officer | ||
JULY C. BERMUDEZ | Senior VP-Marketing & Sales Overall in-charge in the operation and performance of branch offices, agencies and ordinary agents; to work-out for the company's accreditation with the government institutions, private banks and financing companies and the annual renewal of same; | ||
ROMEO J. BERNABE | Executive Vice President Oversees all financial functions including accounting, budget, credit, insurance, tax and treasury. Reports to CEO or President; Plans and directs all aspects of the organization's human resources policies, objectives and initiatives; responsible for employment, placement, orientation and training, labor relations,compensation, benefits and employee services; reports to CEO or President. | ||
MACARIO P. CORPUZ | Vice President-Underwriting Authorized to accept, sign and underwrite insurance policies and other related documents covering risks insured under fire, marine cargo, motor car and miscellaneous insurance subject to underwriting guidelines and authority issued by the corporation and under the supervision of the Executive Vice President. |
ATTY. OSCAR M. ORBOS | Chairman | |
JOSE H. REMO, JR. | Vice Chairman | |
EDMUNDO H. REMO | Member | |
PETER JASON M. REMO | Member |
ATTY. OSCAR M. ORBOS | Chairman | |
JOSE H. REMO, JR. | Vice Chairman | |
EDMUNDO H. REMO | Member | |
EVELINA M. REMO | Member |
JOSE H. REMO, JR. | Vice Chairman | |
EDMUNDO H. REMO | Member | |
PETER JASON M. REMO | Member | |
EVELINA M. REMO | Member |