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Company
Profile
OMNI Insurance Brokers Inc.
This
Philippines-based and registered company has been serving
the insurance needs of the community since 1979. Omni began
its business by specializing in medical, life and accident
insurance plans. Within two years the Company expanded into
general commercial, industrial and personal insurance. Omni
now ranks in the top 5% of all insurance brokerage companies
in the Philippines.
Omni has built its strength on the basis of personal and
customized service tailored to the needs of each of its
clients. OMNI places client insurance policies with over
40 major local and international insurance and pre-need
firms thus ensuring its clients a wide range of available
options.
Today OMNI is well-respected throughout the Philippines
insurance industry as well as within the expatriate community.
No policy is considered too small or too big for the resourceful
and innovative professionals at OMNI. The firm's staff networks
with a host of specialized underwriters who work closely
with the selected insurance companies.
At the present time, OMNI's total portfolio is divided between
three major product areas - fire, personal and motor insurance
with the balance taken up by miscellaneous insurance lines.
For further information contact OMNI at 810 0487 or send
an e-mail to HQ@omnibrokers.com
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Chapter
1 -
Introducing the Philippines
Physical
Features | The
People | Government | The
Economy
Government
The 1987 Constitution of the Philippines restored
a republican form of government to the country.
The new constitution, which replaced the Martial
Law document of the late Marcos era, was ratified
on February 2, 1987.
There are three branches of government, which
in theory are meant to operate independently
of one another and keep each other in check:
The Executive Branch consists of the President
and Vice-President both of whom are elected
on independent tickets and can be from different
parties and with different legislative and social
agendas. The next presidential election will
occur in 2004. The members of the Cabinet are
appointed by the president and serve at the
president's favor.
The Legislative Branch of government consists
of a bicameral legislature (Upper and Lower
House) of 216 congressional representatives
and 24 senators. Congressional representatives
are drawn from single-member electoral districts
while senators are chosen as part of a national
electorate with the twenty-four highest vote
winners appointed for a six year office. Senators
cannot serve more than two terms.
The Judiciary is nominally independent although
courts can be open to influence. To its credit
the present government is actively seeking to
clean up the justice system that in the past
has often appeared to favor local vested interests.
Administrative Subdivisions: For purposes of
administration, the Philippines is divided into
a total of 16 administrative regions, which
co-exist alongside the 79 provinces. At the
local level there are 113 cities, 1,496 municipalities
and 41,940 barangays (local government units).
The right to vote is universal, but not compulsory,
at age 18. At the present time Filipinos working
overseas are disenfranchised although the government
is expected to introduce legislation during
the latter part of 2002 allowing overseas Filipino
workers the right to vote in national elections.
Constitutional Reform:
There is a widespread and growing feeling in
many quarters that the present constitution
has not worked as well as it might in building
a working political consensus.
Political pressures are growing to amend the
constitution following the 2004 presidential
election and move to a parliamentary form of
government in which a greater degree of federalism
may become apparent. This, it is hoped, may
put an end to the constant bickering that appears
to inform the political process in this country
often to the detriment of economic and social
progress.
Click
here to download the PDF Version of this Chapter.
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