I took out an insurance policy with Insular Life when I was younger, so most of the time, when Insular Life is mentioned in a conversation, I think of the actual protection. I was walking along Ayala Avenue at the onset of the Christmas holidays and I noticed that the renovation work on the Insular Life Building at the corner of Paseo De Roxas was complete. This time, I was thinking of their iconic building, one of the first built in Makati.
This building held plenty of memories for me (the 200-seat theater at the top floor was a favorite for intimate bookings, and Repertory Philippines used this as their home base for several years). The new skin gives the building a fresh vibrant look, and the BPI branch at the ground floor lends a more upscale aura to the property (the space used to be leased by fast food chains). The bold logo atop the building gives additional presence.
While I understand that their head office has actually moved to Alabang, this Makati office is still a major retail hub for the company. I'd venture to say that the building sits on one of the most expensive real estate spots in the country.
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