Who We Are

Integrity, transparency and empathy

About Us Header Image

The world of life insurance can get pretty overwhelming. Especially when the stakes are as high as securing your family's future. In these unpredictable times, having guaranteed and dependable life insurance is more than just a safety net—it's peace of mind, so that your loved ones are taken care of, no matter what happens.

That's exactly why choosing a life insurance provider you can trust isn't just important—it's essential.

Here at First Life Insurance, we're all about making this process as straightforward and transparent as possible. Think of us as your reliable guide, here to walk you through every step with clarity and care. We're here to help you feel confident and secure in your decisions, without ever feeling swamped or pressured.

We start by really listening to what you need, prioritizing your interests, and building a foundation of trust right from the get-go. That way, you are fully supported and well-informed throughout your journey with us.

With First Life Insurance, you're choosing a partner who's always there for you, especially when you need us most. 

Together, let’s create a safe and open space where you can understand and choose the best options for you and your loved ones.

Company Overview Header Image

Restoring trust in the life insurance industry

First Life Financial Co., Inc. is a trusted Coyiuto Group of Companies member. For 65 years, the focus has been on providing reliable and secure life insurance options. With continued growth, the commitment remains strong to deliver financial security and peace of mind.

Company overview

Originally, we were Builders Life Assurance Company, Inc., but everything changed in 1988. That’s when we joined the Coyiuto Group and became First Life Insurance. This marked the beginning of significant growth, solidifying our presence in key business districts in the Philippines and global markets.

This transition began our expansion and established strong roots in major business districts and vital international partnerships, including one with the Swiss Life Network. Known for reliable and guaranteed products and a customer-first approach, our consistent performance sets us apart in the life insurance sector.

Our affiliate, Prudential Guarantee & Assurance Inc. (PGAI), is not only the flagship company of the Coyiuto Group but also a leader in the non-life insurance market in the Philippines. In 2022, PGAI was recognized for its excellence and distinguished as the country's top non-life insurance provider based on net premiums written. This accolade underscores PGAI's critical role and esteemed status within the group.

First Life Insurance Clients Image

Strategic partnerships and clientele

At First Life Insurance, we're proud to work with some of the biggest names in the industry, including Ayala Land, Dole Philippines, Unilab, the National Grid Corporation of the Philippines, and Canon. We ensure excellence and reliability with the help of our partners: Swiss Life, the world's largest employee benefits network, and National Reinsurance Corporation of the Philippines.

  • Trust and Transparency: We are committed to ensuring your financial well-being through open and ethical interactions.
  • Reliability: Our products are carefully designed to meet your needs reliably.
  • Community: We nurture a community of insurance advisors dedicated to genuine, long-term relationships.

Executives and Officers

Peter G. Coyiuto

President and Chief Executive Officer

Miguel Angelo M. Cruz

Vice President for Customer Advocacy

Rosalio Raymundo T. Valenzuela

Director – Commercial Insurance Sales Department

Ronaldo D. Roque

Head – Group Insurance Department

Bella J. Ochoa

Head – Finance Department

Jerick P. Fajardo

Head – Group Administration and Operations

Marianito C. Alveniz

Head – Information Systems Department

Raymond C. Padua

Head – Human Resource Department

Erwin U. Perez

Head – Office of the Actuary

Gladys An A. Belvis

Head – New Business Department

Board of Directors

Peter G. Coyiuto

Chairman

Robert G. Coyiuto, Jr.

Vice Chairman

James G. Coyiuto

Director

Samuel G. Coyiuto

Director

Stephanie Michel C. Tay

Director

Sofia Elaine T. Coyiuto

Director

Jane C. Cuyegkeng

Director

Alexander Peter T. Coyiuto

Director

Reynaldo C. Ibarra

Independent Director

Emil David Noel C. Ackerman

Independent Director

Peter G. Coyiuto Portrait
Annual Corporate Governance Report

Annual Corporate Governance Report

Discover the blueprint behind our commitment to excellence. View our Corporate Governance Report to see how we ensure transparency, accountability, and ethical leadership within our organization.

First Life Insurance Board of Directors

First Life Insurance List of Officers

2023 Annual Statement

2023 Audited Financial Statement

Amended Articles of Incorporation

Change in Independent Director

Amended By-Laws

Code of Conduct

Corporate Social Responsibility

Performance Management System

General Information Sheet

Minutes of Board Meeting

Trainings and Seminar

Retirement Plan

2023 Annual General Meeting

2023 Related Party Transactions

Corporate Governance Policy

Related Party Transactions Policy

Risk Assessment Report

2023 Annual Report

Business Continuity Plan

IC Licensed Agents