Jubilee Life Insurance Company Limited – Page 2

April 1, 2019

Jubilee Life Insurance signs Memorandum of Agreement with AETINS SDN BHD

Karachi, April 01, 2019 (PPI-OT): Jubilee Life Insurance Company Limited, the country’s leading life insurance provider in the private sector, recently signed a Memorandum of Agreement with AETINS SDN BHD for the ‘Implementation of JLPISF TAKAFUL System’ in Islamabad. This system will enhance the Takaful base in the country and support towards streamlining its operations.

JLPISF Takaful System is a core business application for Takaful, it works as a cross functional ERP system and facilitates in the day-to-day business activities. This application’s unique feature includes having Shariah compliant accounting procedures that are integrated at transactions level and are characterized by fully automated processes with lesser user intervention.

As a result, Jubilee Life will be able to profile the personal needs of customers and serve them better, be able to craft contemporary products, introduce new products into the market, gain insights into business intelligence and analytics for a quick response system, mitigate risks, and eventually drive new package offerings.

At the occasion, Mr. Zahid Barki – Group Head Risk Management, Compliance and Quality Assurance – Jubilee Life Insurance said “This collaboration with AETINS is a momentous step taken in the Takaful industry. Jubilee Life being a leader in the industry has always been at the forefront of bringing premium products and services to its customers through innovation.”

This exchange of MOA between the two companies took place in the presence of Malaysia External Trade Development Corporation (MATRADE) officials who came with the honourable Prime Minister of Malaysia, Dr. Mahatir Bin Mohammad on the invitation of the honourable Prime Minister of Pakistan, Mr. Imran Khan.

For more information, contact:
Head Office,
Jubilee Life Insurance Company Limited
74/1-A, Lalazar, M.T. Khan Road, Karachi-74000, Pakistan
Tel: +92-21-35205095
Fax: +92-21-34322011
Call Center: +92-21-111-111-554 (JLI)
Email: info@jubileelife.com
Website: http://jubileelife.com

December 12, 2018

Jubilee Insurance wins at the Lahore Open Polo Championship

Karachi, December 12, 2018 (PPI-OT): Jubilee Insurance team emerged victorious against team Eighteen at the finals of the Lahore Open Polo Championship given the spectacular performance from the young and sensational Rizvi brothers. The gifted duo Aun Rizvi and Turab Rizvi, well known as the Rizvi brothers steered the Jubilee Insurance team through the entire series leading them towards victory as a result of their special performance in the third chakkar at the thrilling finals.

The game concluded with Jubilee Insurance as the dominating team and the final score of 6-4 with Edward scoring five goals while Aun scoring one. Governor Punjab Chaudhry Muhammad Sarwar graced the final as chief guest and distributed prizes and shields amongst the winners alongside, Malik Atif Yar Tiwana, Lahore Polo Club President.

Executive committee members Ahmed Nawaz Tiwana, Usman Haye, Saqib Khan Khakwani, members, their players and a great number of polo enthusiasts were also present on the occasion to witness the enthralling and exciting final. Mr. Javed Ahmed, Managing Director and CEO – Jubilee Insurance stated “The game of Polo is greatly appreciated in our country and the emerging stars of today show immense potential and talent.

It is a proud moment for us to see stars like Aun and Turab setting the bar high and we wish them well towards presenting Pakistan internationally in days to come.” Jubilee Life Insurance has been the pioneer in Bancassurance distribution and is the market leader among private sector life insurance companies in Pakistan.

With an average growth of 38% over the last five years, it is the most profitable and valuable life insurance company on the stock exchange. Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) and is committed to the vision of being Pakistan’s best service provider from the insurance industry and is among the top 25 companies of the Pakistan Stock Exchange; it happens to be the only insurance company to make it to this prestigious list.

October 5, 2018

Jubilee Life Insurance Announces to Sponsor the Pakistan-Australia Cricket Series

Karachi, October 05, 2018 (PPI-OT): Jubilee Life Insurance, Pakistan’s largest life insurance provider in the private sector is the proud presenting sponsor of the Pakistan vs. Australia cricket test series to be held in UAE. The announcement was made at a press conference in Lahore, Pakistan. The audiences world over will witness two cricketing titans coming head on in this exciting tour which includes two Tests and three Twenty20 Internationals with the first Test beginning on Sunday October 07 at the Dubai International Cricket Stadium in Dubai.

“Jubilee Life Insurance has always taken a lead and been one of the top supporters as far as facilitating sports in Pakistan is concerned. We feel proud in playing a key role in bringing cricket back to our nation starting with the PSL 3, followed by the Pakistan vs. WIndies series that took place earlier this year. With the same enthusiasm, Jubilee Life Insurance has continued to lend its support to this current tour and brings cricket for its fans and passionate spectators of the country.” said Syed Usman Qaiser, Chief Manager Marketing, Jubilee Life Insurance.

“Once again we are honored to see Jubilee Life’s commitment towards cricket in Pakistan. Over a period of time, this company has become one of the pillars upon which cricket has constantly grown in this nation. We envision being on the right path to reviving cricket in the country and the support of organizations like Jubilee Life Insurance will definitely help us achieve our objectives. We now hope the Pakistan team has a successful tour and is victorious.” said Zakir Khan, Director International Cricket, Pakistan Cricket Board.

Jubilee Life Insurance has become synonymous with sports in the country and upholds the brand essence being ‘Live Free’. The company was the gold sponsor of the PSL 3. Jubilee Life Insurance was also the lead sponsor of the Pakistan Super League (PSL) outfit Quetta Gladiators last season, as well as, being the gold sponsor of Pakistan vs. Sri Lanka cricket series. Other than cricket, Jubilee Life has also supported other sporting events in Pakistan including snooker, polo, hockey and golf.

Jubilee Life Insurance has been the pioneer in Bancassurance distribution and is the market leader among private sector life insurance companies in Pakistan. With an average growth of 38% over the last five years, it is the most profitable and valuable life insurance company on the stock exchange.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) and is committed to the vision of being Pakistan’s best service provider from the insurance industry and is among the top 25 companies of the Pakistan Stock Exchange; it happens to be the only insurance company to make it to this prestigious list.