The Philippines Insurance Commission ordered Vigattin Insurance and Antz Insurance Agency & Services to cease acting as insurance agents after finding they had conducted unauthorized agency activities. Antz Insurance acted for several insurers without the required licenses despite holding valid licenses for four other companies, while Vigattin Insurance had never been registered as an insurance agent. The commission also suspended Antz Insurance’s licenses, directed Vigattin Insurance to remove its website and ordered both businesses to pay applicable penalties and return all commissions and compensation from unauthorized activities. It found that Vigattin Insurance operated separately and independently from Antz Insurance despite Vigattin’s claim that it was merely a trademark. The decision does not preclude further investigation into possible violations of the Financial Products and Services Consumer Protection Act.
2026-05-13Philippines Insurance Commission
Philippines Insurance Commission orders Vigattin Insurance and Antz Insurance to cease unauthorized insurance agency activities
The Philippines Insurance Commission ordered Vigattin Insurance and Antz Insurance to cease unauthorized insurance agency activities. It also suspended Antz Insurance’s licenses and required both businesses to pay penalties and return compensation from those activities, while leaving open further investigation under consumer protection law.