Our Story
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On July 14, 1931 the company was established amidst the great economic depression.
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Barely a month after its incorporation, the Board of Directors unanimously approved the change of corporate name to Visayan Surety & Insurance Corporation, thus earning the distinction of an insurance company owned by Visayan incorporators yet serving the Filipino insuring public. Manuel Gotianuy, the founder and patriarch of the family corporation was Honorary Chinese Consul in Cebu and elected President of the illustrious Chinese Chamber of Commerce, a distinction replicated by Atty. Augusto W. Go of the second generation who was Honorary Consul to Korea and the latter’s daughter also the Honorary Consul to Norway.
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Of the three Chinese non-life insurance firms (Yek Tong Lin, China Insurance & Surety Co. & VSIC) that were established during the Great Depression, it is only the Visayan Surety & Insurance Corp. that has survived the economic cycle of Boom & Bust.
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After almost 9 decades of corporate life, Visayan Surety & Insurance Corp. has become a trusted name in the insurance industry transforming itself from an entrepreneurial venture to a corporate entity under 3 generations of the founding family.