Taishan
Insurance Brokers Philippines Inc., (TIB)
is a wholly-owned subsidiary of the Jerneh Group of companies
that operates in Hong Kong, Malaysia, and the Philippines.
The
Jerneh Group is a leading member of the Kuok Group of Companies,
which is engaged in diverse fields as trading and financial
services, property owning and management, ship owning, manufacturing
and retail, hotel ownership and the management, and insurance
related services.
The
Kuok Group is a multinational conglomerate that operates
in China, Hong Kong, Malaysia, Thailand, Indonesia, Australia,
Myanmar, Singapore, Vietnam, Canada, Fiji, and the Philippines.
By concentrating its investments in sectors where it can
be best perform, it has emerged as a market and the industry
leader in a big number of business undertakings it has gone
into.
Its international
prominence in the business world is clearly seen in the
Group’s chain of 40 Shangri-la Hotels in the Asia
Pacific Region. Among its recent projects is the China's
World Trade Centre in Beijing, which includes convention
and exhibition halls, two luxury Shangri-la Hotels managed
hotels, residential and office spaces. In the Philippines
alone, the Group owns three Shangri-la Hotels while it manages
the Traders Hotels in Manila. Another major project is the
imposing KSA Towers known as “The Enterprise Center”.
It features a 7-storey basement, a 5-storey grand lobby
and is recognized as one of the country’s first “intelligent”
building and is now a prominent landmark in Ayala Avenue.
There is also an ongoing business partnership in China with
a leading refreshment manufacturer.
After
four decades of continuous growth and expansion, the Group’s
success can be attributed to its ability to adapt and respond
to the changing economic and business conditions in countries
where it operates, and its commitment to provide opportunities
for employment, training, and skills-enhancement.
The
Group’s insurance companies in Hong Kong and Malaysia
provide a full range of insurance coverage and risk management
consultancy services. Jerneh Insurance now ranks as one
of the top 20 companies in Malaysia.
In
the Philippines, Taishan Insurance Brokers Phils., Inc. provides
direct broking and risk management consultancy for its affiliates
and the general insuring public. TIB began its operations
in the Philippines in July of 1995 and was registered with
the Securities and Exchanged Commission on August 11, 1995.
To date, it is one of the fastest growing insurance brokers
in the Philippines constantly aiming to uphold the highest
standards of excellence In the delivery of quality service.
It has access to reinsurance markets worldwide through a sister
company. KRM Reinsurance Brokers Phils., Inc. which provides
specialized reinsurance services to various insurance companies
in the Philippines.