DoubleDragon signs up with Lucio Tan Group for workforce insurance
DOUBLE Dragon Properties Corporation has signed an agreement with the non-life insurance company of the Lucio Tan Group to provide insurance coverage for its workforce.
Officials of DoubleDragon, Philippine National Bank (PNB), and Alliedbankers Insurance Corporation (ABIC) met at the sidelines of the listing of MerryMart’s P1.6-billion initial public offering ( IPO) on June 15 at Bonifacio Global City in Taguig for the deal.
Participating in the signing ceremony were DoubleDragon executives led by President Ferdinand Sia and Chairman and CEO Edgar “Injap” Sia 2nd, together with PNB President and CEO Wick Veloso and ABIC President and CEO Reynaldo Montalbo Jr.
They were joined by other senior officers from DoubleDragon, PNB and ABIC.
DoubleDragon Properties Corporation is a listed real estate company led by Sia 2nd, who is the founder of Mang Inasal, and Jollibee founder Tony Tan Caktiong as co-chairmen.
Having achieved a market capitalization of over US$2 billion in less than two years from its IPO, DoubleDragon is now one of the top listed companies on the Philippine Stock Exchange in terms of market capitalization.
ABIC will be offering its top-performing insurance plan, the ABIC All-In 888, which is considered as one of the best value-for-money personal accident insurance protection in the market today. ABIC All-In 888 offers full-time 24-hour, 365-day-a-year, worldwide protection against accidents which an assured may be exposed to in the course of activities related to business or pleasure, whether on- or off-the-job, occurring in the house or while traveling.