Karachi, July 22, 2014 – Jubilee Life Insurance Company Limited, the largest life insurance provider in the private sector, hosted an Iftaar Dinner for its bancassurance partners at a local restaurant in Karachi. The event, which was hosted by Mr. Farhan Faridi, Head of Retail Distribution, was attended by the top management of the partner banks of Jubilee Life.
The dinner was held to strengthen the ongoing relationship of the company with its bancassurance partners. Jubilee Life has been the pioneer in introducing the bancassurance channel to the insurance industry which has contributed tremendously in the growth of its business and the insurance sector overall.
Addressing the audience at the event, Mr. Faridi said, “Jubilee Life is the largest insurance company in the private sector and our partners have played a huge role in this success. Today, we have several partner banks across the nation and we plan to add more in this financial year. We are grateful for the support and services provided by our partner banks which have added tremendous value to our customers.”
Bancassurance is the largest distribution channel for Jubilee Life and has been a tremendous factor in reaching customers not only in the urban centers but also in the remote rural and semi-urban locations where life insurance products are easily offered through the large and wide spread reach of banking networks.
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