BDO Insurance Brokers Inc. (BDOI) maintained its position as the leading insurance broker for the second consecutive year.
The company first among the 60 insurance brokers operating in the country in terms of both premiums and commissions generated based on on the 2015 industry ranking released by the Insurance Commission.
It generated P7.04 billion in premiums and P1.22 billion in commissions, making it the only locally owned insurance broker in the top five in terms of premiums and one of only two in the top five in terms of commissions.
In terms of product line, BDOI is the top premium producer in fidelity and surety, motor vehicle and miscellaneous lines.
As for commissions, the firm is is top producer in fire, ocean marine, fidelity and surety, motor vehicle, engineering and miscellaneous lines.
?We have managed to steadily grow the business despite challenges posed by competition because we always put the interest of our clients first. We build business relationships this way and in turn our clients trust us with their insurance requirements,? said BDOI chairman and president Jesus Jacinto.
