WHO WE ARE

Founded in 2018 MTPA Insurance Services is a managing general agent (MGA) specializing in Surety Bonds and Engineering Insurance providing bespoke and innovative products for brokers and agencies nationwide.

At MTPA our underwriting expertise, deep knowledge of industry requirements, a straight-forward style of underwriting, a talented team of approachable and down-to-earth and ‘can do’ attitude, is what makes us different. Our appetite and approach to considering risks ensures we are always looking at ways to underwrite risk, not decline it.

We genuinely work exceptionally closely with our brokers and agency partners to deliver a service that feels like a true extension of their own teams, working collectively to support the needs of their customers.

People Behind

Mari Tonee Pacres Atil
Founder and General manager

Mari Tonee Pacres Atil, is the founder and general manager of MTPA Insurance Services is a managing general agent (MGA) specializing in Surety Bonds and Engineering Insurance providing bespoke and innovative products for brokers and agencies nationwide. She held a series of leadership roles since establishing MTPA Insurance, including Pacres Atil Insurance Management, Inc., as the CEO, Builders Cardinal Corporation as President and Ayahay Technologies Corporation as Chief Financial Officer. Her solid corporate experience is mainly on the financial service industries where she was a commissioned as a technical consultant of two large financial collection firms in the Philippines. Prior to establishing the company, she underwent series of certification from Insurance Institute for Asia and The Pacific (IIAP) and Licenses from the Insurance Commission (IC), training and seminars from various insurance companies. She is a graduate of Bachelor’s of Science in Business Administration major in Financial Management in the University of Cebu and took her MBA program with emphasis in Financial Management in her Alma matter. Tonee is a lean six sigma practitioner with a yellow and green belt credential. For over 15 years in the insurance arena, Tonee developed a sense of strong leadership, superb decision making and unparalleled operational financial skills.

James Luban Atil
Co-founder and Partnership manager

James Luban Atil, is the Co-founder and partnership manager at MTPA Insurance. In this position, James oversees the company’s partnership, growth and expansion and sets its strategic direction and tactical implementation. He is a graduate of Bachelors of Science in Business Administration major in Marketing Management and MBA-Financial Management in the University in Cebu. James early career started as marketing professional selling arrays of tangible products to financial solutions and as a certified investment solicitor of First Metro Asset Management, Inc. For over 12 years in the non-life insurance and financial industry he honed his leadership and management skills where he started as an AXA agency development manager to becoming a unit head in Maxicare Healthcare Corporation. In 2018 he started an interest in the insurance and risk management space where he became an ISO 31000 certified risk manager and further studies at Asian Institute of Management in the Enterprise Risk Management program while he is pursuing his Ph.D. in Management with emphasis in the study of the insurance industry.

VISION:

A preferred Managing General Agent (MGA) offering bespoke and specialized insurance products to its clients.

MISSION:

To become a preferred Managing General Agent (MGA), MTPA Insurance Services commits itself to:

  1. Offer customized services and competitive rates to its clients.
  2. Streamline the communication channels and process through the use of digital platforms to ensure timely and accurate delivery of policies.
  3. Ensure profitability, growth and sustainability in business operation.
  4. Uphold a culture of mutual trust and respect between clients and providers subsequently setting a client-centered operation.

OBJECTIVES

  1. Formulate and design bespoke solutions that are tailored-fit to the clients business requirements.
  2. Acquire and utilize appropriate technologies and computer systems applications that can be integrated end to end of the delivery of the products and services.
  3. Promote cross-selling, increase retention and forge new business partnership within the insurance industry, and integrate green practices to ensure holistic development. Establish collaboration with reliable brokers and agencies to insure wider serviceability while supporting their business metrics.

OUR EXPERTISE

Services for Agencies & Brokers

The MTPA Insurance team has years of surety bond and engineering insurance experience, including experience on both the agency, broker and providers sides of the industry. We can be an invaluable resource for your agency/brokerage by making the process of securing surety bonds and engineering insurance for your clients extremely easy. We have access to a variety of surety companies and engineering savvy providers and can provide a solution tailored-fit to your clients need, from small to large contractors, developers, and other contracting needs.

OUR INSURANCE PROVIDERS

Each of the insurance companies that MTPA Insurance Services represent is registered, licensed and regulated in the Philippines in which it conducts business.

MTPA only works with insurance providers who meet the strictest requirements in terms of financial security, longevity in the market, and best product portfolio. All insurance quotes and policies issued by MTPA Insurance Services are issued in accordance with our Binder Authority and therefore having a binding effect. Premium payments made to MTPA Insurance Services are done so with full release of responsibility to the insured, i.e. payments made to MTPA Insurance Services or deemed to have been made directly to our Insurance providers with no recourse against the insured. Likewise, service of suit and other formal legal action can be received by us on behalf of our insurance providers with binding effect.

OUR PLATFORM

MTPA Insurance Services ensures that our interests are aligned with the insurance providers and its re-insurers to win the confidence of the insurers that provide us with underwriting capacity, it is increasingly important that our systems are state of the art and have the most accurate data flowing freely in real time between all the relevant stakeholders. That demands that we, deploy technology which delivers the certainty and reassurance of business continuity for coming years.

HOW WE DO BUSINESS

As a Managing General Agent, MTPA Insurance Services has a unique legal authorization on behalf of a number of insurance providers to develop our own insurance products, evaluate exposures, underwrite risks, pricing, wordings, special conditions, the appointment of retail brokers and agencies, commission pay out and handling of claims.

At MTPA we do things the right way, our authorization is contractually managed through a binder agreement with our insurance providers. In accordance with the Binding Authority in place, we work in the interests of the respective insurance company(ies) on areas of risk evaluation, underwriting and customer satisfaction. In addition, each insurance quote, policy and claims will carry the legal name of the insurance company who bears the risk for a given policy.

MTPA Insurance Services has Binding Authorities with the leading insurance providers in the Philippines, who benefit by accessing our underwriting, industry and claims expertise in the products and/or territories which we operate. This local expertise and/or representation is typically not available to the providers we represent and would be more expensive for our providers to develop the “in-house” resources, set up offices or branch operations needed to deliver these solutions for the products we offer and/or in the territories we operate.

We perform the above services on behalf of these insurance providers and are remunerated by them to provide specialized insurance solutions nationwide to brokers and agencies alike.

We use the latest technology to make the application, execution, underwriting information, billing, and record-keeping easy for all parties. This saves everyone time and money and gets the specialized products into your clients’ hands much faster.

We typically pay above-standard commission scheme for all business. We can work through your agency personnel or brokers staff, so we are invisible to your clients, or work directly with your clients to save you additional time. Once the necessary underwriting information is provided and the approval is secured, the policies is prepared and forwarded to you or your client normally within 24-48 hours. You will also be able to view copies of the bonds for all your clients online.

GET IN TOUCH

Whether you’re an existing broker partner or a new broker wanting to explore how we can help you win and retain more business, our underwriters are always available and happy to discuss your requirements. Get in touch today.