Our History & Identity
Our History and Identity
Pacific Cross is a market specialist in Medical, Travel, HMO and Personal Accident Insurance. Based in the Philippines and with sister companies in Thailand, Indonesia, and Vietnam, Pacific Cross is part of a wider group of health insurance businesses operating across Asia, with a particular focus on the ASEAN region. The aim of the group is to be recognized as a market leader and an Asian specialist of medical and travel insurance.
Pacific Cross, originally named State Bonding and Insurance Company, Inc., was founded in the Philippines in 1949. In 1977, State Bonding established a medical insurance division to respond to the growing health insurance market in the Philippines. In 1986, the company changed its corporate name to Blue Cross Insurance, Inc. In 1996, Blue Cross ceased writing general insurance business to concentrate on its specialized lines of medical, personal accident and travel insurance.
Through the years, we have undergone many changes in line with our commitment to answer the insurance needs of our clients amidst changing times. In 2015, we reached another milestone as we changed our name to PACIFIC CROSS. This move was, and continues to be part of a regional strategy that seeks to strengthen relationships and promote cooperation among the member companies of the Pacific Cross Group. By coming together under a common name, our goal is to create a more integrated network and knowledge base that Pacific Cross companies can share to serve local customers better. This change and strategy also positions us to take advantage of the exciting opportunities happening in Asia as it opens its doors to the ASEAN integration.
Pacific Cross is one of the most financially stable companies in the market today. Based on Insurance Commission’s rankings as of 2018, Pacific Cross ranked Top 7 out of 58 non-life insurance companies according to Premiums Earned and Top 12 according to Net Premiums Written. In 2018, our insurance company wrote more than PHP 2 billion in Net Premiums. In addition, the Company reached PHP 2.3 billion in assets and PHP 1.4 billion in net worth.