1 COOPERATIVE INSURANCE SYSTEM OF THE PHILIPPINES LIFE AND GENERAL INSURANCE
Co-operative Profile
Established on January 25, 1974, the Cooperative Insurance System of the Philippines (CISP), is the FIRST and duly licensed insurance cooperative operating nationwide. It was primarily organized by the Samahang Nayons to provide life insurance protection to Filipinos, particularly farmers and workers, members of cooperatives, labor unions, and coop-oriented groups and organizations not covered by formal insurance.
Shortly after, its existence was legalized by its initial registration with the Department of Local Government and Community Development, under Presidential Decree 175, on April 8, 1974, having an initial authorized capital stock of Php30 million. It is also one of the primary movers of microinsurance in the Philippines.
In 2018, the Insurance Commission (IC) has issued to CISP its Certificate of Authority to operate as Life and Non-Life Insurance Cooperative. CISP has further been authorized by IC and CDA to amend its name to 1 COOPERATIVE INSURANCE SYSTEM OF THE PHILIPPINES LIFE AND GENERAL INSURANCE (1CISP). Operating nationwide with nineteen (19) area offices and two (2) branches today, 1CISP has now grown its community by having 4,451 cooperative members. As of September 2022, it insures over 1.2 million individuals and holds a current assets of Php3.7billion.
For 1CISP, the entire cooperative community is a close-knit family, where the welfare of every individual member comes first.
True to its mantra, 1CISP is Protecting you like Family.
A B O U T U S
Cooperative Name:
1 COOPERATIVE INSURANCE SYSTEM OF THE PHILIPPINES LIFE AND GENERAL INSURANCE (1CISP)
(formerly Cooperative Insurance System of the Philippines) Address:
1CISP Bldg., No . 11 Mapagbigay St. cor Maunlad St. Brgy. Pinyahan, Diliman, Quezon City
Phone/Fax Number:
(02) 8-556-2700 Email Address:
[email protected] Website:
www.1cisp.coop Year registered:
Registration/Confirmation
No. C-263 dated December 4, 1991 under R.A. 6938 Registration Number:
RA 9520-16000011 / CIN No. 0205160009 Services/Business:
Life and General Insurance
CO-OPERATIVE
INFORMATION
To insure three million Filipinos by 2025
VISION
A viable and socialized cooperative insurance service that protects and empowers Filipinos, especially
those who have less in life
MISSION
Promoting a dependable cooperative insurance system where members enjoy guaranteed protection for their financial and welfare needs.
COMMITMENT TO RELIABILITY
Empowering cooperatives and their members by going the extra mile to produce outstanding results that favor the insured and deliver beyond expectations.
UNDER-PROMISE, OVER-DELIVER
Creating a cooperative insurance system that
perpetuates mutual prosperity and financial fairness and responsibility to all parties.
MUTUAL PROSPERITY
Delivering excellent and uncompromised service to its host communities and member cooperatives.
EXCELLENT SERVICE
CORE VALUES
OUR PRODUCTS
OUR PRODUCTS
BOARD OF DIRECTORS
I S A G A N I B . D A B A V I C E C H A I R P E R S O N
G E O R G E J . P U P A D I R E C T O R
L E O N I L A R . M E D I N A T R E A S U R E R
C E C I L I A M . L A G U N A E V P & C O O
R O Y S . M I C L A T P R E S I D E N T & C E O
REV. FR. ANTONIO CECILIO T. PASCUAL C H A I R P E R S O N
1CISP BOARD AND OFFICERS
2 0 2 2
Mission
A viable and socialized cooperative insurance service that protects and empowers Filipinos, especially those who have less in life.
Vision
To insure three million Filipinos by 2025.
BGEN. LORENZO R. SUMICAD AFP (RET)
DIRECTOR
J A Y S A N R A Y N . C H E E D I R E C T O R
N E S T O R D . O R T I G O Z A D I R E C T O R
ATTY. LYMAN A. MANZANARES CO-OPERATIVE SECRETARY
JESUS D. MADLANGBAYAN I N D E P E N D E N T D I R E C T O R J E R S O N S . R E M O
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