On October 29, 1962, Edmundo F. Unson, Sr. together with other businessmen founded The Mercantile Insurance Co., Inc. The early years of Mercantile were spent in the bustling district of Escolta, Manila and five (5) years later, transferred to Juan Luna, Binondo. In 1975 it built and found its current home in the historic Walled City of Intramuros.
Through the years, its volume of business grew and this necessitated the setting up of regional offices all throughout the Philippines. Through excellent service and a reputable and trustworthy style of business, Mercantile’s insured amounts(Net Premiums) grew from P400M in 2014 to over P2B in 2020, greatly exceeding industry growth standards and showing just how much trust clients have with Mercantile.
As a long-standing company and counting itself a subsidiary of Camerton Holdings, Mercantile Insurance has proven itself as a solid insurance partner, allowing customers to sleep well at night knowing their valuable assets are in good hands.
Vision
We aspire to be the top-of-mind insurer for our clients for all their insurance needs.
Mission
We accomplish our Vision by working as a united team in developing excellent, value-for-money insurance products, and delighting customers and working in unison with our partners to provide the best service to all.
Core Values
Honesty and Integrity
Family values
Efficiency
Loyalty and long-term partnership
Mercantile at a Glance
Gross Premiums Written
Net Premiums Written
Net Premiums Earned
Board of Directors
Melecio Mallillin
President / Director
Justin Liu
Chairman / Director
Michael Stephen T. Liu
Treasurer / Director
Jerry S. Liu
Director
Nelia Tan Liu
Director
Sigrid Von D. De Jesus
Corporate Secretary
Esther Tan
Independent Director
Francis Onglatco
Independent Director
Accreditations
Government Entities/ Private Commercial Banks/
Corporations/ Financing Institutions where Mercantile is Accredited:
Aboitiz Land
Nissan Phils.
Asia United Bank
National Power Corporation
Asian Cathay Financing
Orix Metro Leasing & Finance Corp.
Banco De Oro
Penta Capital Finance
Bank of Commerce
Petron Corporation
Bank of the Phil. Island (BPI)
PhilGEPS
BPI Family Bank
Philippine Bank of Communication
Centennial Bank
Philippine Business Bank
Chevron Philippines
Philippine Savings Bank
China Banking Corporation
Philippine Veterans Bank
Chinatrust Bank
RCBC
Citibank N.A.
Robinsons Savings Bank
Department of Energy
Security Bank
Development Bank of the Philippines
Sterling Bank of Asia
East-West Bank
Toyota Financing Services
Filipino Financial
Corporation
Union Bank
GSIS Family Bank
United Coconut Planters Bank
Maybank Phils.
Yuanta Savings Bank Phils. Inc.
Corporate Governance
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