LBP Insurance Brokerage, Inc. (LIBI) was organized as a wholly-owned subsidiary of the Land Bank of the Philippines on October 22, 1981. LIBI was primarily established to service the bank's insurance requirements, its subsidiaries, its clients/borrowers and other government offices. It was created for the purpose of engaging in the business of general insurance brokerage management and consultancy services on insurance-related activities to its clients.
LIBI was registered at Securities and Exchange Commission (SEC) on July 8, 1982. Its Certificate of Authority/Insurance Brokers License was officially issued by the Insurance Commission on September 10, 1982. On January of 1983 LIBI started its operation with initial capital of P0.250 million.
To provide accessible, competitively-priced and responsive insurance services to all LBP borrowers and clients. To efficiently facilitate processing of insurance requirements of LBP.
To be recognized as one of the most trusted and respected brokerage firms that provides unparalleled services with highest level of integrity by the end of 2023.
Social Responsibiity: Service to Community and Customer Satisfaction
Excellence: Quality and Competitiveness
Professionalism: Teamwork, Dedication, Commitment, Competence and Mutual Respect
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