Traditionally, we go without insurance, and when something happens to us, we run to the mayor. The Filipino mindset resists buying, but once the person samples receiving the benefits, he will believe. Give good service, you will get known.
On October 29, 1962, Edmundo F. Unson, Sr. together with other businessmen founded The Mercantile Insurance Co., Inc. The early years of Mercantile were spent in the bustling district of Escolta, Manila, and five (5) years later, transferred to Juan Luna, Binondo. In 1975 it built and found its current home in the historic Walled City of Intramuros.