PLARIDEL History:
More than half century ago, a group of patriotic and prominent Filipino businessmen believed that the
then-fledgling insurance industry would one day be an important pillar of the country's economy.
However, even then, the industry was dominated by foreign-owned or
foreign-controlled insurance
companies. Propelled by their desire to make a truly Filipino insurance company a major force in the
industry, the PLARIDEL SURETY & INSURANCE COMPANY was formed in 1945.
The company's name, PLARIDEL, was borrowed from one of the most eminent and illustrious
heroes of our history. PLARIDEL, was the nom de guerre of MARCELO H.
DEL PILAR, a great Filipino patriot who helped free our country from foreign tyranny.
The dream and vision of having a strong and truly Filipino insurance company, given life in 1945, is
still alive today. Before the turn of the new millennium, the torch was passed on to new group of
visionaries - who strongly believed that such a dream cannot be allowed to die, who clearly
envisioned the actualization of that dream. This group of professionals and
businessmen saw the time when a truly Filipino company will not only stand at the forefront of the
Philippine insurance industry, but will also hold its head up high in Asia,
and eventually, in the international community.