Insurance

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Calvo’s Insurance Underwriters (CIU) and Calvo's Selectcare

Calvo’s Insurance Underwriters (CIU) is the cornerstone of Calvo Enterprises. It was the first of the Calvo companies, established in 1938 by Eduardo T. “Jake” Calvo, who began selling fire and typhoon insurance out of his home. What began as a part-time job is now the largest insurance provider on Guam. Spearheaded by Paul Calvo Jr., Calvo’s Insurance has over 100 employees, three offices in Guam, a branch office in Saipan and a branch in Palau. Calvo’s insurance offers the full range of auto, home, health, life, property, marine cargo, casualty, bonding and liability insurance coverage. As the market leader on Guam, the company collects more than $60 million in premiums annually. CIU’s credibility is bolstered by its strong partners abroad such as American International Group (AIG) and Tokio Marine & Nichido Fire Insurance Company of Japan. Calvo’s insurance dominates the market by providing an affordable comprehensive insurance plan and by offering an extensive network to its customers. Calvo’s renowned SelectCare medical plan allows access to more than 100 physicians and clinics in the region, as well as more than 350,000 health care providers in the United States and Philippines. Every year CIU continues to set the standard and stay at the leading edge of the insurance industry.

Title Guaranty of Guam, Inc.

Calvo Enterprises, Inc. owns the island’s oldest title insurance and escrow services company on Guam. Title Guaranty of Guam, Inc. is the perfect complement to Calvo Enterprises’ core businesses of insurance and real estate. This division was established in 1963 to meet the title insurance and escrow needs of lenders during the federal construction boom during the 60’s. Title Guaranty is underwritten by TicorTitle Insurance Co. a member of the Fidelity National Financial family of title companies whose parent company is consistently rated “A” or higher by Standard and Poor’s and holds $940 million in assets. Title Guaranty of Guam has become a vital part of Guam’s real estate business and promises to gain a stronger foothold as the island’s economy strengthens.

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