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Ford PH salutes LGC chief exec

Ford PH salutes LGC chief exec ....

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Corporate Guarantee carves another feat with P900M capital mark

SunStar
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March 07, 2021
COUNTRYSIDE-BORN non-life insurance company Corporate Guarantee (CG) of the Laus Group of Companies over the weekend carved another milestone in its 23 years of valuing its commitment to stakeholders after meeting the P900-million capital requirement or net worth in its Certificate of Authority pegged by the Insurance Commission.
In 2018, the Insurance Commission granted the renewal of CG’s three-year certificate of authority by the Insurance Commission. The certificate is for the period January 1, 2019 to December 31, 2021.
The capital requirement for 2019 was pegged at P900 million, up from P550 million in 2016, and will be hiked to P1.3 billion on 2022.
Established in 1997, CG (formerly Corporate Guarantee and Insurance Company or CGIC) has the exceptional distinction of being one of only two insurance companies in the Philippines operating outside Metro Manila, a stature attributed to LausGroup founder Levy P. La ....

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LausGroup upgrades flagship showroom

SunStar
December 10, 2020
A FRESH automotive retail experience is ready to welcome customers as the Laus Auto Group, the flagship arm of Pampanga-based conglomerate Laus Group of Companies, unveils the upgraded showroom and new services of its Carworld Pampanga dealership.
Carworld Pampanga is a leading dealership of Mitsubishi Motors Philippines, with over four decades of repute as a trusted brand in automotive sales in Central Luzon. The upgraded showroom demonstrates Carworld Pampanga’s consistent adherence to Mitsubishi’s top showroom standards while introducing new services such as car disinfections, easier installation of accessories, and bulletproofing for added protection. The upgraded branch in the City of San Fernando complements these services with more expanse and new store visuals to reassert LausGroup’s corporate identity, built on raising customer satisfaction through better car shopping experiences. ....

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