MANILA, Philippines - VICSAL, the holding company of the Metro Gaisano chain of department stores, has signed a contract with AsianLife & General Assurance Corp. (ALGA) wherein the life insurer will provide the medical insurance benefits for VICSAL employees as well as the employees of its affiliates.
VICSAL also named PhilPacific Insurance Brokers & Managers Inc. (Philinsure) as its insurance consultant.
ALGA is part of the ATR KimEng Group, the leading conglomerate of diversified non-bank financial services in the Philippines.