PSIC 2019 · Class

Activities of insurance agents and brokers

Open to 100%

This class covers the activities of insurance agents and brokers who sell, negotiate, or solicit annuities and insurance and reinsurance policies.

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The foreign-ownership rule, capital, licenses, and setup route are shown on each specific sub-class. Pick the one that matches your activity.

66220Activities of insurance agents and brokers

Details

Level: Class
Section: K Financial And Insurance Activities
Parent: 662

Sector statistics

Employed persons: 618.4K persons(May 2026)

Whole PSIC section K (not specific to this code). Source: PSA Labor Force Survey, May 2026.

Industry size

Establishments: 539(2022)
Employment: 9,655 persons(2022)
Revenue: ~₱67.2B(2022)

Figures are for PSIC group 662 (the nearest level PSA surveys), not this specific code. Source: PSA OpenStat, Annual Survey of Philippine Business and Industry (ASPBI), 2022. Revenue figures are approximate.

Guides from Emerhub

Set up in the Philippines

Emerhub runs the SEC and BIR filings for a foreign-owned corporation, a local corporation with structured control, employer of record, or product holding, whichever fits PSIC 6622.