TPISC was organized under the laws of the Republic of the Philippines on 20th of October 1964 as a 100% Filipino Owned domestic non-life insurance company. Its original Certificate of Authority to operate was issued on 22 December 1964 by the Insurance Commission. The Company had been authorized to deal in various lines of insurance business when it started writing policies in February 1965. It was licensed as a Surety company on the 9th of August 1965, having secured Administrative Order No. 131 upon approval of the President of the Philippines. Like the hand that protects, the Corporation has gained the elusive trust and confidence of the insuring public since then.