Manila-based Reliance Surety & Insurance Company celebrates 60 years as leading insurance company in the Philippines this August.
Andrew Co, the president of Reliance says that the company’s secret is “Trust”. “Trust is the key to our longevity. The trust of shareholders, employees and customers alike is the reason behind our endurance. Trust is the cornerstone of our company’s mission of Assuring a Safer Tomorrow which applies to all stakeholders,” he added.
Reliance will be celebrating its 60th anniversary with a party at the Manila Hotel. Despite the hard times being faced by the industry, the company has chosen to celebrate this once-in-a-lifetime event.
Recently, as part of its 60th anniversary celebration, the company also hosted a reunion of its former employees. “Some who attended came all the way from the United States,” said Nanette Sia of the company’s human resources department. “The balikbayans, the old-timers and current officers were so happy to participate in this memorable event.” Sia noted that unlike other companies that suffer from quick employee turnover, Reliance enjoys loyalty among its staff.
Reliance Surety and Insurance Co., Inc. is established in 1952 with the commitment to its core values excellence, integrity and reliability.
The company is now is now automated, its Visayas and Mindanao operations are both linked to the Head Office database in Manila to make provincial transactions faster and more serviceable. Operational processes are streamlined, moving towards the full automation of systems and procedures.
The company provides non-life insurance for fire, motor car, marine cargo, personal accident, bonds, engineering, public liability and equipment floater.