January 16 2025
Jubilee Life Insurance Company Limited is now an approved employer under the Training Organization outside Practice (TOoP) program of the Institute of Chartered Accountants of Pakistan (ICAP).
This recognition highlights our commitment to fostering professional growth by providing aspiring Chartered Accountants valuable practical training opportunities in the corporate environment. Through TOoP, we aim to develop future leaders with the skills and exposure needed to excel in the corporate world. We extend our gratitude to ICAP for this recognition and look forward to shaping the next generation of Chartered Accountants.
November 13 2024
Jubilee Life Insurance received the Certificate of Merit in Insurance category at the South Asian Federation of Accountants (SAFA) Best Presented Annual Reports Awards 2023 ceremony held in Colombo, Sri Lanka. The accolade was presented as an honor to Jubilee Life for its excellence in financial reporting in accordance with the internationally accepted financial reporting framework.
October 24 2024
Jubilee Life Insurance is honoured to receive the award in the Life Insurance category at the “39th Corporate Excellence Award” organized by the Management Association of Pakistan. This accomplishment reflects Jubilee Life Insurance exceptional business performance and commitment to progressive, innovative management practices. We are deeply grateful to our clients and colleagues for their invaluable support, which has made winning this esteemed award possible.
October 15 2024
Jubilee Life Insurance has partnered with the Pakistan Fintech Network to sponsor the upcoming Pakistan Insurtech Summits in 2024, 2025, and 2026.
With a commitment to innovation, Jubilee Life aims to make insurance more accessible and customer-centric, highlighting the importance of collaboration in driving sustainable growth, and shaping the future of insurance in Pakistan.
October 15 2024
Jubilee Life Insurance partners up with Spectreco to accelerate towards smooth net zero transition.
In the presence of unimaginable environmental challenges, this association embodies Jubilee Life Insurance’s responsibility towards growth and sustainability by collectively undergoing data-driven insights, decarbonization strategies, technological innovations and expert guidance. With this collaboration we aspire to bring about a substantial change in the insurance sector of Pakistan.
September 26 2024
Among the 46 organizations that participated in the Employer of Choice Gender Diversity Awards organized by Pakistan Business Council and International Finance Corporation, Jubilee Life has received an award in the category of ‘Promoting Women in Leadership’.
This significant recognition reflects our persistent efforts in cultivating a gender-positive workplace and a supportive framework that empowers women to excel in both their professional and personal lives.
August 01 2024
Jubilee Life Insurance, Pakistan’s leading life insurance company in the private sector has collaborated with oladoc, a leading healthcare platform aiming to provide health care (OPD) services to all Jubilee Life employees, retail and corporate customers and Jubilee Active app users.
The signing ceremony was held at Jubilee Life Insurance headquarters in Karachi. This partnership will further enrich the user experience by providing seamless access to oladoc’s extensive network of healthcare professionals. Users can now book 24/7 in-person appointments or video consultations with top doctors across Pakistan, access diagnostic lab services, share medical records.
July 28 2024
We are excited to announce the successful completion of the pilot program, the Jubilee Life Insurance University Challenge (JLIUC), held at the British Deputy High Commission in Karachi! This pioneering initiative, in collaboration with SEED Ventures, provided students from Karachi's top universities with a platform to present innovative insurance solutions. Congratulations to all participants for their exceptional ideas and dedication, and a special congratulations to the winners for securing the prize money and an internship at
June 07 2024
6th Year in a row at the Pakistan Digital Awards. Jubilee Life Insurance won 2 major awards at the PDA awards2024.
March 19 2024
Javed Ahmed, Managing Director and Chief Executive Officer, Jubilee Life Insurance presenting the Wicketkeeper of the Tournament Award to Azam Khan after HBLPSL 2024 final match between Islamabad United and Multan Sultans.
February 23 2024
Karachi, February 21, 2024 – Jubilee Life Insurance, the country’s largest private sector insurance company hosted a fundraising dinner for the Enterprise Challenge Pakistan (ECP), a national entrepreneurship competition for 14 – 18-year-old students, with distinguished guests in attendance including Her Excellency Ms Sarah Mooney – British Deputy High Commissioner, Mr Will Straw, CEO Prince’s Trust International, Mr Syed Usman Qaiser, Head of Marketing and Brand Management, Jubilee Life Insurance, Ms. Shaista and Ms. Maha Salman from SEED Ventures as well as other organizations at the British Deputy High Commission, Karachi. The event was aimed at inviting support from various partners for the Enterprise Challenge Pakistan Programme, an initiative of Prince’s Trust International executed by SEED Ventures since 2016 across Pakistan, to further facilitate the objective of the programme.
Jubilee Life has been a strong rallying force behind the programme for the past five years as it aims to inspire entrepreneurial spirit and transform young minds into the job creators of tomorrow. The programme has actively engaged with over 6,000 young individuals from over 200 schools nationwide over the past five years, equipping them with essential skills such as confidence, teamwork, problem-solving, decision-making, effective communication, and creative thinking. The event was aimed at not just showcasing the milestones achieved through the collaborative efforts of Jubilee Life and SEED Ventures but also highlighting how an enduring partnership with Enterprise Challenge Pakistan aligns seamlessly with a broader vision of alleviating socio-economic challenges by empowering youth and women in Pakistan.
Mr Javed Ahmed, MD & CEO of Jubilee Life Insurance, underlined the transformative impact of brands in propelling the mission of upskilling young minds forward. He stated, “Our five-year partnership with Enterprise Challenge Pakistan is evidence of the immense potential we see in empowering the youth. Corporations can play a crucial role in shaping the future of our country by investing in programmes like Enterprise Challenge Pakistan, providing the tools and opportunities for young minds to become impactful contributors to society.”
Shaista Ayesha, CEO of SEED Ventures, shared insights into the programme’s perspective, stating, “Enterprise Challenge Pakistan is not just a competition; it is a journey towards empowering the youth to be change-makers. The support from corporations is crucial to ensuring that this journey reaches more schools, including underprivileged girls, out-of-school kids, and those with disabilities.”
Will Straw, CEO of Prince’s Trust International, emphasized the importance of initiatives like Enterprise Challenge Pakistan and said, “Enterprise Challenge is a global programme helping inspire the next generation of entrepreneurs while helping them gain vital skills such as confidence, communication and teamwork. In Pakistan, we are proud the programme has grown to support thousands of young people across all seven regions. We are incredibly grateful to all of our partners, including Jubilee Life Insurance for their ongoing support and look forward to working together to help many more young people with their skills development in the years ahead.”
Through this initiative, Jubilee Life Insurance and SEED Ventures envision expanding the reach of Enterprise Challenge Pakistan, aiming to impact 2000 schools and onboard 30,000 young individuals from underprivileged schools across Pakistan in the next five years.
January 29 2024
Karachi, January 26, 2024: Jubilee Life Insurance, Pakistan’s largest private sector insurance company, signed a memorandum of understanding (MoU) with NOWPDP (Network of Organizations Working for People with Disabilities), Pakistan. This strategic alliance marks a significant step in Jubilee Life’s ongoing commitment to diversity, equity, and inclusivity (DEI) within its workforce.
As an equal opportunity employer, Jubilee Life is committed to a robust DEI strategy, setting tangible targets to promote a more diverse and inclusive workplace. A major focus of this agenda is to recruit persons with disabilities (PWDs), thus integrating them into various roles across the organization. Jubilee Life has identified various positions across different departments to be filled by PWDs over the coming year, demonstrating a practical approach to its DEI goals. In this regard, NOWPDP is an ideal partner since it is a renowned disability inclusion initiative that has been playing a pivotal role in the identity, welfare, education, skill-building, and economic empowerment all of which fall under the umbrella of Rozgar (Employment).
Mr Javed Ahmed, Managing Director & Chief Executive Officer of Jubilee Life Insurance stated, “Embracing diversity and inclusion is not just a moral imperative but a business necessity. By hiring PWDs, we are not only diversifying our talent pool but also enriching our organizational culture and enhancing our business potential.”
At the signing ceremony, Mr Omair Ahmed, CEO of NOWPDP, expressed his hopes for the partnership by noting: “Our collaboration with Jubilee Life is a demonstration of their dedication towards an inclusive and diverse workforce. Together, we aim to break barriers and create meaningful employment opportunities for persons with disabilities.”
Through this partnership, Jubilee Life is underscoring a shared vision of creating more inclusive employment opportunities and a supportive work environment for PWDs.
January 22 2024
Karachi, January 15, 2024 – Jubilee Life Insurance, Pakistan’s largest private sector insurance company, hosted a graduation ceremony to celebrate its first batch of ‘Tech Graduates’ the term specifying Tech Management Trainees onboarded by the organization. The event marks the culmination of a year-long journey for these talented individuals who, having started as Management Trainees, are now poised to take up roles within the company in various capacities.
Jubilee Life Insurance initiated the Tech Graduate Program last year with the aim of enhancing technology processes and implementing tech-related initiatives within different departments of the company. Over the past year, the Graduates inducted in this program have been an active part of numerous projects aimed at driving technological advancements across critical areas such as operations, administration, marketing, and more, through innovative approaches and constant mentoring. With this program, Jubilee Life Insurance is focusing on enhancing the introduction of freshly trained talents in the field of technology allowing seamless inter-department connectivity enhancement not just within the organization but in the overall work force as well.
Mr. Javed Ahmed, Managing Director & Chief Executive Officer of Jubilee Life Insurance, expressed his enthusiasm for the ‘Tech Graduates’ event, stating, “This ceremony is a celebration of talent, innovation, and the successful journey of our Tech Graduates. At Jubilee Life, we are constantly striving toward technological excellence bringing all stakeholders in sync and creating a team of dedicated as well as competent individuals who can drive our mission forward.”
Mr. Kashif Naqvi, Group Head Technology & Project Management at Jubilee Life Insurance, also shared his thoughts on the occasion, saying, “The Tech Graduate Program is instrumental in fueling positive change through the active involvement of its inductees in various technology projects. We are proud to be enabling a journey for these individuals from trainees to tech pros as our commitment for pushing the boundaries of technological advancement.”
The graduation ceremony not only marks the beginning of a new chapter for the ‘Tech Graduates’ but also highlights Jubilee Life Insurance’s commitment to nurturing and recognizing talent in the ever-evolving landscape of technology. This program is an on-going initiative and will induct new talent every year.
December 26 2023
Karachi, December 12, 2023 – Mr. Farhan Faridi, Group Head, Retail Operations, Marketing and Administration at Jubilee Life Insurance receives the Top 25 Companies Award by Pakistan Stock Exchange from Honorable Prime Minister of Pakistan Anwar-ul-Haq Kakar at a ceremony held at Mohatta Palace, Karachi. This is the fourth time that Jubilee Life has won the prestigious accolade in the last decade and it is the only insurance company in Pakistan to bag the award this year.
The annual awards by PSX evaluate organizations on a qualitative as well as quantitative basis where financial performance, CSR initiatives, and reporting on SDGs are just some of the criteria for rigorous evaluation. Jubilee Life’s robust financial management as well as commitment beyond the numbers remain exceptional, a feat that was recognized by the leading regulatory authority for companies in Pakistan, the PSX. Jubilee Life remains devoted to serving its customers with dedication and achieving further laurels in times to come.
November 27 2023
Karachi, November 27, 2023 — Jubilee Life Insurance, Pakistan’s largest private sector insurance company, proudly celebrated its 5th consecutive year of collaboration with SEED Ventures on the Enterprise Challenge Pakistan (ECP), the country’s premier business challenge for school children with an event held at the British Deputy High Commission (BDHC) Karachi, Pakistan. The keynote address at the event was delivered by British Deputy High Commissioner Her Excellency Ms Sarah Mooney. Other speakers at the event included MD & CEO Jubilee Life Insurance Mr Javed Ahmed, and Head of Marketing and Brand Management Jubilee Life Insurance Mr Usman Qaiser, along with CEO SEED Ventures Ms Shaista Ayesha, ECP Programme Manager Ms Maha Salman.
ECP is an initiative of Prince’s Trust International executed by SEED Ventures since 2016 across Pakistan. It is a national competition for 14 – 18-year-old students that aims to inspire the entrepreneurial spirit within young people and transform them into the job creators of tomorrow. Jubilee Life’s partnership with ECP aligns with its broader vision to alleviate socio-economic challenges by empowering youth and women, focusing on socially including and embracing those historically excluded. At the heart of this collaboration is a shared commitment to empowering the next generation of leaders in Pakistan. Jubilee Life Insurance recognizes the significance of investing in young minds, providing them with the tools and opportunities to become impactful contributors to society. Through ECP, the company has actively engaged with over 4,000 young minds from over 100 schools nationwide over the last five years. The skills gained include confidence, teamwork, problem-solving, decision-making, effective communication, and creative thinking.
Commenting on the milestone, MD & CEO of Jubilee Life Insurance Mr. Javed Ahmed stated, “Our collaboration with SEED Ventures on the Enterprise Challenge Pakistan is not just about sponsorship; it is about building a foundation for the future. We believe in empowering the youth, and ECP has been a tremendous platform to witness the incredible skills and creativity that emerge when given the right opportunities. This partnership is a testament to our commitment to creating positive social impact and nurturing the next generation of leaders and change-makers.”
Expressing their views, the CEO of SEED Ventures Ms Shaista Ayesha stated, “Partnering with Jubilee Life Insurance on the Enterprise Challenge Pakistan has been a journey fueled by shared passion and commitment. The impact of this collaboration goes beyond nurturing entrepreneurial skills; it is about sowing seeds of change in the hearts and minds of our youth. ECP has evolved into a transformative force, inspiring thousands of young minds to dream big and aspire to create positive societal change. We look forward to continuing this journey with Jubilee Life Insurance, reaching even greater heights in the coming years, and empowering more young souls to become architects of their own success stories.”
Looking ahead, Jubilee Life Insurance and SEED Ventures aim to expand the reach of ECP. Over the next five years, the programme is set to extend its impact to 2000 schools, onboarding 30,000 young people from underprivileged schools across Pakistan. This ambitious expansion reflects the commitment to fostering a culture of innovation, entrepreneurship, and positive change among the youth.
September 01 2023
Karachi, August 26, 2023 – Jubilee Life Insurance, Pakistan’s largest private sector insurance company, has signed an MOU with Telenor Pakistan, one of the country’s largest telecommunications service providers to bring unprecedented ease and accessibility for health and life insurance services. Under this collaboration, insurance products from Jubilee Life will be directly integrated into the Apollo app, Telenor’s flagship platform which caters to a robust network of 120,000 retailers across Pakistan.
Apollo, a trademarked product of Telenor Pakistan, stands at the forefront of innovation. It’s a comprehensive digital solution that redefines the conventional retail distribution landscape into a modern digital space, ensuring easy access to the Apollo retailers. Through its ingenious design, Apollo enables the retailers to connect with the audience more efficiently than ever before.
Through an effective collection of their expertise, Jubilee Life Insurance and Telenor Pakistan are set to revolutionize insurance penetration in the country. This initiative will enable millions of Pakistanis to be empowered in terms of securing insurance policies through Telenor Pakistan retailers, ushering in a new era of swift and simplified insurance acquisition. The streamlined, user-friendly process caters to the modern dynamics of the nation, where convenience and efficiency are being given the utmost importance especially by younger audience.
Mr. Farhan Faridi, Group Head – Retail Operations, Marketing and Administration at Jubilee Life Insurance, stated, “As the dynamics of our society evolve, digital technologies have become an integral part of our daily lives. We recognize that a significant portion of our population comprises young individuals who embrace these technologies. Jubilee Life is committed to raising awareness about the importance of insurance plans among this demographic. Our collaboration with Telenor Pakistan is a demonstration of our dedication to making insurance coverage accessible and relevant to the digital age.”
Mr. Omer Bin Tariq, Chief Marketing Officer Telenor Pakistan, stated, “Telenor Pakistan consistently strives to provide its users with innovative solutions that simplify their lives. Collaborating with Jubilee Life Insurance aligns seamlessly with our mission to empower our user base and partners through technological advancements. We take immense pride in joining forces with a leading institution like Jubilee Life Insurance to reshape how insurance is accessed and perceived in Pakistan.”
By harnessing the power of digital technology and catering to the preferences of the younger generation, the integration of insurance products within the Apollo app marks a significant step towards increased insurance coverage, simplified processes, and enhanced financial security for Pakistanis.
July 17 2023
Lahore, July 17, 2023: Jubilee Life Insurance, Pakistan’s largest private sector insurance company, and Daewoo Express, the country’s premier transportation service provider, are pleased to announce a one-of-a-kind strategic partnership offering insurance coverage to Daewoo passengers.
Daewoo Express serves over 6 million passengers annually, primarily in the age range of 25 to 35 years. This insurance product is specifically designed to address the unforeseen risks associated with accidents during transit. Considering that insurance penetration in Pakistan is less than 1 per cent, this key collaboration aims to provide a sense of security and well-being to all Daewoo Express passengers. Once a ticket is issued, the insurance automatically comes into effect and remains valid throughout the passenger’s journey. The comprehensive benefits of the policy include coverage for accidental death, disability, and medical expenses.
Speaking on the occasion, Javed Ahmed, Managing Director and Chief Executive Officer, Jubilee Life Insurance said, “We are delighted to partner with Daewoo Express to introduce this innovative insurance policy for their passengers. At Jubilee Life Insurance, we believe in safeguarding lives and empowering individuals with financial protection. Through this collaboration, we aim to offer convenient and reliable insurance coverage to the passengers, ensuring their well-being during their travels across the country.”
Faisal Siddiqui, CEO – Daewoo Express, expressed his enthusiasm for the partnership, stating, “As a customer-centric organization, Daewoo has always strived to go beyond expectations in delivering superior services. We are excited to collaborate with Jubilee Life Insurance to introduce this unique insurance policy, which aligns perfectly with our commitment to passenger safety and well-being. This joint endeavor will further enhance our passengers’ experience, making their journeys more secure and worry-free.”
The signing ceremony took place in Lahore that brought together key representatives from Jubilee Life Insurance and Daewoo Express. This event marks a significant milestone in the insurance and transportation sectors, reinforcing both companies’ dedication to providing innovative solutions and enhancing customer satisfaction.
June 26 2023
5th Year in a row at the Pakistan Digital Awards! We won Best Social Media Campaign (Facebook) HBLPSL Cricket award at the Pakistan Digital Awards 2023.
May 05 2023
Mr. Javed Ahmed, MD and CEO, Jubilee Life Insurance cuts a cake as the company celebrated 100,000+ online OPD consultations from general physicians and specialists for patients. This milestone was completed in partnership with Sehat Kahani. Mr. Farhan Akhtar Faridi, Group Head of Retail Operations, Marketing and Administration, Jubilee Life Insurance, Dr. Sara Saeed Khurram, Co-Founder and CEO, Sehat Kahani along with other representatives from both companies are also present.
April 26 2023
Rizwan Aziez, Head of Bancassurance, Faiz ul Hassan, Head of Corporate Business Distribution, and Saqib Hayat Mirza, Business Head, Individual Life Insurance Sales, Jubilee Life Insurance at KPT Primary School distributing Ramazan gifts as part of the organization’s efforts to embrace the spirit of this Holy month.
December 21 2022
Recognized for excellence and awarded for performance, Jubilee Life has earned the Top 25 Companies Award 2021 by the Pakistan Stock Exchange – the only Insurance Company in Pakistan to have won the prestigious award three times. We would like to take this opportunity to thank our customers and business partners for their trust and confidence that has helped us to excel repeatedly!
December 21 2022
Jubilee Life Insurance won the “Best Corporate Report Award” for the Year 2021, securing a position from the Life Insurance sector! We pledge to stride forward with the same passion and dedication and continue winning hearts and awards.
December 21 2022
As one of the most trusted insurance companies in Pakistan, Jubilee Life Insurance stands out as a winner in Asiamoney 2022, Asia’s Outstanding Companies Poll for the insurance sector. Our win reaffirms our promise to bring the best insurance solutions to our customers.
December 21 2022
4th Year in a row at the Pakistan Digital Awards! We won 2 major awards at the Pakistan Digital Awards.
Best Integrated Media Strategy HBL PSL 6 Cricket Campaign
Best Content of the Year Jubilee Life Testimonials
August 31 2022
Read MoreSeptember 20 2021
Read MoreAugust 31 2021
Read MoreAugust 31 2021
Read MoreJune 18 2021
Read MoreMarch 18 2021
Jubilee Life Insurance, Pakistan’s leading life insurance company in the private sector
has collaborated with Sehat Kahani, a leading telemedicine platform aiming to provide health care (OPD)
services free of charge to all Jubilee Life customers and employees including both individual and group
customers.
October 29 2020
The Ujala Insurance Plan is a first of its kind insurance proposition in the bancassurance channel that offers cancer protection supplementary benefit along with other insurance riders at a modest additional cost. This proposition provides financial protection in case of illness or accident and is especially curated to make the customer feel safe and secure for their financial future.
In addition to the cancer protection benefit, the Ujala plan also offers a choice of obtaining a second medical opinion from specialists located all over the world so that one can find correct diagnosis and a treatment plan which will help the person make informed decisions about his/her life.
Speaking at this occasion, Mr. Farhan A. Faridi, Group Head – Retail Distribution, Jubilee Life Insurance said “We can understand the pain and stress that one goes through when faced with the difficult circumstances of being diagnosed with an ailment such as cancer. This initiative will help us make this offering accessible to a larger audience across Pakistan and I am confident that this will help take forward our long-term vision of providing every Pakistani with solutions that protect their financial future”
September 23 2020
Read MoreSeptember 23 2020
Read MoreAugust 31 2020
Read MoreAugust 03 2020
Read MoreAugust 03 2020
Read MoreOctober 17 2019
Karachi, October 16, 2019: Jubilee Life Insurance, the country’s leading life insurance company in the private sector has signed an agreement with Outdoor One, under which Jubilee Life’s Saffron members can spend time waiting for their flights at Outdoor One’s newly opened Majestic Lounge at the International Departure of the Jinnah International Airport Karachi. Furthermore, Saffron members can avail this offer for a plus one as well when checking in. The lounge offers numerous benefits and privileges, including the option to enjoy the first ever Fast Track services through immigration and security.
The ceremony was attended by senior officials from both organizations including Syed Usman Qaiser, Head of Marketing, Jubilee Life Insurance; Mr. Naveed Zafar, Director Outdoor One; Mr. Hikmat Turrabi, Chief Operating Officer, Outdoor One and Salman Shahid Ali, Head of Marketing Outdoor One.
The recently launched Majestic Lounge has several facilities and offers to keep travelers engaged. These include an exclusive cigar lounge, high quality food service courtesy of the famous franchise Cocochan, opulent seating, high-speed Wi-Fi, laptop station, selection of hot and cold beverages, reception, latest newspapers and magazines, flight information and services, charging stations, and several other modern amenities.
Speaking about this partnership, Mr. Sohail Fakhar, Group Head – Corporate, Marketing & Administration, Jubilee Life Insurance said “We at Jubilee Life are always on the lookout for securing opportunities that provide our valued customers with quality experiences that are matched by none. The Majestic Lounge will serve as the perfect venue for our Saffron members to unwind and enjoy at, before setting off for their journey. We look forward to making this partnership a long-lasting and fruitful one”.
Speaking on the occasion, Mr. Khurram Zafar, CEO Outdoor One said, “We are extremely pleased to partner with Jubilee Life Insurance and provide our exclusive services and top class experience to Saffron cardholders at our Majestic lounge. We hope their experience in our lounge and fast track service adds value and privilege to be a Saffron card holder.” “We also aim to expand our lounge services to other major cities of Pakistan including Lahore, Islamabad, Multan & Peshawar and serve travellers from these cities soon” He further added.
The Fast Track services are an excellent opportunity to make the most of one’s time at the airport, as these comprise of hand baggage trolleys on request, complimentary welcome drink and Porter service, free Golf Cart service on request and dedicated one-to-one service.
Picture shows Mr. Sohail Fakhar (R), Group Head – Corporate, Marketing & Administration, Jubilee Life Insurance and Mr. Khurram Zafar (L), CEO Outdoor One exchanging the agreement after the signing ceremony.
September 25 2019
Read MoreAugust 30 2019
Read MoreApril 02 2019
April 02, 2019 – 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.
About Jubilee Life Insurance:
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life, in Pakistan, offers a uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans specifically designed for women at the work place, rural insurance plans as well as life and health insurance solutions for the less privileged of our country.
February 20 2019
February 20, 2019 – Team Jubilee Life recently won the Insurance Association of Pakistan (IAP) Tape Ball Cricket Tournament 2019 held at the UBL Sports Complex in Karachi. The final game was played between Habib Insurance and Jubilee Life Insurance.
Sixteen teams from the insurance sector participated in this tournament with Jubilee Life emerging undefeated throughout the tournament with the best bowling and batting statistics. Mr. Ibad Anis of Jubilee life received the Orange Cap for the being the leading run scorer and Mr. Junaid Ansari of Jubilee life received the Purple Cap for being the leading wicket taker of the tournament.
At the occasion, Mr. Sohail Fakhar, Group Head – Corporate Business, Marketing and Administration, Jubilee Life Insurance said “The cricket tournament promoted physical exercise and mental engagement among participants. Members of the industry came together to participate in an activity that encouraged team-building, and in the process they also enjoyed one of the most loved sports of the country. We congratulate Team Jubilee Life who performed superbly at the tournament and came out as the victor.”
About Jubilee Life Insurance
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. The company is also amongst the leading Window Takaful Operators in Pakistan.
February 14 2019
February 14, 2019 – Jubilee Life Insurance, Pakistan’s leading life insurance provider, and a company name that goes synonymous with sports has announced the Gold sponsorship for the fourth season of the Pakistan Super League which will commence on February 14, 2019.
Jubilee Life is proud once again to play an important role towards hosting the Pakistan Super League thus offering world class cricket to its fans which will span for over a month. With a phenomenal season held the previous year, the expectations from cricket fans have been set to an even higher benchmark as they look forward to a more electrifying season this year.
Mr. Javed Ahmed, Managing Director & CEO, Jubilee Life Insurance stated, “We are committed to promoting sports in Pakistan as witnessed time and time again which helps towards grooming and nurturing the upcoming talent of the country. It gives us immense pleasure to play as a supporting pillar towards bringing cricket back to Pakistan. This year, with Pakistan also hosting at its home ground for several matches of the PSL, the nation is jubilant with this news and looks forward to a sensational month of cricket with their favourite stars.”
The fourth season of PSL comprises of six teams competing, with 26 matches being played in the UAE after which the tournament will move to its final leg witnessing the remaining 8 matches being played in Pakistan. The final game of the PSL will be played in Karachi.
About Jubilee Life Insurance
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. The company is also amongst the leading Window Takaful Operators in Pakistan.
December 11 2018
December 11, 2018 – 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 & 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 05 2018
October 05, 2018 – 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.
August 29 2018
Read MoreAugust 03 2018
August 03, 2018 – Jubilee Life Insurance, Pakistan’s leading life insurance provider, has partnered with Cinepax Cinemas to promote the burgeoning film industry in Pakistan. Through this year-long agreement, signed by both organizations in July, Jubilee Life Insurance has cemented its role as a patron and supporter of Pakistani sports, arts and culture.
Jubilee Life Insurance has collaborated with Cinepax Cinemas, which is currently operating 13 cinemas with 30 screens in 9 cities across Pakistan including Karachi, Lahore, Rawalpindi, Faisalabad, Gujranwala, Gujrat, Hyderabad and Islamabad having a total of 6,000 plus seats nationwide. Cinepax Cinemas will provide Jubilee Life Insurance with opportunities for on screen advertising, premises branding, on ground activation and various offers for Saffron members such as buy one-get one free silver screen tickets with popcorn and drink. Saffron is a loyalty club for its high net worth customers, who have put their faith in Jubilee Life Insurance and are gratified to be associated with the company for a secured financial future.
On this occasion, Javed Ahmed, CEO and MD, Jubilee Life Insurance said, “Film can be a powerful medium of mass communication and if used sensibly, movies can be used to convey a wide variety of messages to communities along with providing quality entertainment. We are pleased to be supporting Cinepax and hope our partnership can help the growth of Pakistan’s film industry. Jubilee Life Insurance is also actively supporting country’s development in areas of Sports, Education, Entrepreneurship and Arts.”
Ms. Mariam El Bacha CEO Cinepax Pakistan said, “Cinemas are becoming best entertainment hubs for families. We are undergoing a revival and everyone involved wants to make sure this evolution brings about a strong industry that every Pakistani can claim and own proudly. It is wonderful to have partners like Jubilee Life Insurance supporting the cause and we hope this will be a mutually beneficial partnership.”
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. The company is also amongst the leading Window Takaful Operator’s in Pakistan.
Cinepax Cinema is Pakistan’s largest cinema network committed to provide unmatched quality entertainment. Cinepax Cinemas believes that be it comfort, indulgence or state of the art visual/sound is key to enhancing a customer’s experience. They bring the future of cinema entertainment to your doorstep offering unsurpassed levels of service, online ticketing purchase at the comfort of your home mixed with the best digital experience.
April 25 2018
April 25, 2018 – Jubilee Life, Pakistan’s leading life insurance provider, has once again partnered with Charter for Compassion (CfC) for their ‘Collaborative Libraries Project’. Jubilee Life’s collaboration with CfC began in 2016 and has facilitated in the establishment of libraries in various schools of Karachi.
With over 30 schools part of the Collaborative Libraries network the project aims to create a bridge between the underserved and privileged schools of the city. This association intends to spark interactions that stimulate conversations and activities focused on nurturing peace and compassion within the schools. The initiative simultaneously endeavors to revive the concept of habitual reading thereby combating the academic downfall prevailing in our communities.
Jubilee Life will support CfC in organizing annual Compassionate Book Drives, arranging visits to the libraries, participating in dramatic readings and compiling and sharing educational material. While the furniture, electrical fixtures and other room renovations will be done for the school by Jubilee Like and CfC, the books will be gifted by the altruistic students in the privileged schools part of CfC’s Compassionate School Network. These schools will then visit one another and form a partnership that creates learning opportunities for each other.
To make this partnership more meaningful, Jubilee Life’s employees will visit and interact with the students at the sponsored schools to meet the following three objectives: Engagement, Inspiration and Mentorship. The ‘Big Sister & Big Brother Program’, ‘Compassionate Talks’ and ‘Dramatic Readers Club’ will be launched to create an exciting and interactive platform of collaboration for.
Speaking about the partnership, Javed Ahmed, MD and CEO, Jubilee Life said, “We are pleased to support this wonderful initiative from CfC. Youth is especially vulnerable to prevalent intolerances and widespread prejudices in any society. Books and reading can become a gateway to a more open-minded world arming young children with a capacity to think for themselves. We are humbled that to have been entrusted with the responsibility of mentoring the students in these underserved schools. All our efforts are aligned towards empowering them to become active, responsible and compassionate citizens in their respective communities.”
President of Charter for Compassion Pakistan (CfC), Mr. Amin Hashwani, said, “The Collaborative Libraries Project invites students and teachers from both underserved and privileged schools and communities to interact with and learn from each other in a collaborative environment. By strengthening this relationship we work to set a foundation for a more unified and compassionate civil society. CfC Pakistan wishes to create libraries in 100 Schools of Karachi by 2020.”
CfC Pakistan aims to create a vibrant, peaceful, and compassionate society through the creation of innovative compassionate action projects engaging over 38,000 individuals while working with and engaging schools, corporates, associations, governments and most importantly, the civil society.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general). Jubilee Life 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, Jubilee Life is the most profitable and valuable life insurance company on the stock exchange.
April 14 2018
April 14, 2018: Jubilee Life, Pakistan’s largest life insurance provider in the private sector was the title sponsor of the recently concluded Jubilee Life Insurance Polo Cup 2018 played by the zealous sportsmen at Islamabad Polo Club in Islamabad.
Aun Rizvi of the Jubilee Life team played a crucial role and scored 2 goals, thus driving the team in a leading position and eventual victory. As a result, the Jubilee Life team won this tournament by 4-7 against team, Shahtaj.
Jubilee Polo Team consist of Edward Eve (member of English Polo Team), Aun Muhammad Rizvi, Turab Muhammad Rizvi and the Captain Shoukat Ali Malik.
Speaking at the occasion, Mr. Javed Ahmed, Managing Director of Jubilee Life Insurance said, “As the leading private life insurance company in Pakistan, we are committed to promoting partnerships for the betterment and fostering of sports. Sponsoring this tournament is yet another testimony to Jubilee Life’s philosophy to support & promote sports in Pakistan. We hope this tournament paves the way for the revival of international sports in the country.”
‘Sports is essential for learning discipline as it teaches the participants to come as a combined force in pursuit of a unified goal. Whether it’s in the form of polo, cricket, football or hockey, it shapes and refines the structure of a society and this is what we have to facilitate which I’m glad Jubilee Life is eagerly facilitating,” said Mr. Talib Rizvi, Group Executive, Habib Metropolitan Bank who was the Chief Guest at the Jubilee Life Insurance Polo Cup 2018.
Given polo’s legacy of over 2,500 years, it is renowned to have been the game of the kings which Jubilee Life has earnestly supported over the years. Polo is a game that spread from Persia – present day Iran in the 6th century AD all the way to Arabia, Tibet, China and then later Japan. The Mughals were known to have introduced this sport in the Indian Subcontinent in the 13th century. This still being an eminent game in Pakistan receives extensive coverage and draws participation from distinguished local and foreign dignitaries.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general). Jubilee Life 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, Jubilee Life is the most profitable and valuable life insurance company on the stock exchange.
April 03 2018
April 03, 2018: Jubilee Life Insurance has partnered with The Lahore Biennale Foundation (LBF) for its inaugural two-week festival “Lahore Biennale 01: Shehr-o-Fun” which is taking place between March 18 and March 31 at seven major venues around Lahore.
Lahore’s largest public art event, the Lahore Biennale 01 aims to reposition the city in the global art world and as a regional cultural centre and engages with the city’s Mughal, colonial and modern layers.
Jubilee Life is the location sponsor for Maktab Khana at the Lahore Fort. In this special segment of Lahore Biennale 01, curated by artist Imran Qureshi in cooperation with the Aga Khan Museum, Toronto, a miniature-painting atelier has been set up at the Maktab Khana, Lahore Fort from March 16 to March 31. The atelier includes and showcases the skill of over twenty Pakistani miniaturists.
Mr. Javed Ahmed, Managing Director & CEO, Jubilee Life, shared that, “Jubilee Life is dedicated to promoting partnerships and in fostering art and culture in the country. Events like this are needed so we can uplift our artists and encourage the growth of local art. Lahore Biennale is a brilliant way to showcase both our artists and our culture and Jubilee Life is proud to endorse this event.”
The Lahore Biennale is held every 2 years with the aim of increasing public engagement in the Arts by transforming parts of the city into a ‘living art gallery’. Underlying this effort is experimentation, research, conversation and publication related to the arts; collaborative outreach and learning opportunities; and cultural exchange. Since the event is open to the public, 2.5 million visitors are expected to attend the event.
March 29 2018
Karachi, March 29, 2018: The Jubilee Insurance Cup 2018 is set to spark excitement among the cricket loving nation with the T20 cricket series just around the corner. Jubilee Insurance is the title sponsor of this upcoming event being played between Pakistan and West Indies.
This comes following the much applauded PSL series with the final being gloriously concluded in Karachi. The Jubilee Insurance Cup 2018 is scheduled for three (03) T20 matches from April 01 to April 03, 2018 at the National Stadium, Karachi. This announcement was made during a press conference held in Lahore.
“Jubilee Life is the largest private sector insurance company in Pakistan. We are committed to remain steadfast to our vision of being Pakistan’s best service provider from the insurance industry and are proud to be among the Top 25 Companies of the Pakistan Stock Exchange – the only insurance company to make it to this prestigious list. We are honoured to be partners with PCB for supporting the cause of bringing this great game back to Pakistan. We have sponsored QG team last year in PSL and the relationship strengthened and we were the gold sponsors of Pakistan vs Sri Lanka series last year and gold sponsors of Fantastic PSL 2018 that finished in a fantastic fashion last week,“ said Sohail Fakhar, Group Head – Corporate Business, Marketing & Administration at Jubilee Life, “Bringing this legacy forward we would like to thank Mr. Najam Sethi, the entire PCB and Trans Group for giving us an opportunity to be the Title Sponsors of Pakistan Vs Windies series 2018. As our brand essence is Live Free, this series will definitely help strengthen the confidence of entire cricketing world to play in Pakistan. We wish PCB and our nation all the best. ”
Jubilee Life has been a venerable supporter of sports in Pakistan. Other than cricket, Jubilee Life has also lent its support to other sports in Pakistan including snooker, polo, golf and hockey.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general). Jubilee Life 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, Jubilee Life is the most profitable and valuable life insurance company on the stock exchange.
February 23 2018
February 23, 2018: Jubilee Life Insurance Company Limited announced impressive financial results for the year ended December 31, 2017, recommending a Final cash dividend of 145% (Rs.14.50 per share). This is in addition to interim cash dividend of 30% declared earlier, bringing the total payout for the year to 175% (Rs.17.50 per share).
The Company reported a pre-tax profit of Rs.3,876 million during the year as compared to Rs.3,152 million in 2016, representing an increase of 23%. The profit after tax was recorded at Rs.2,570 million, as compared to Rs.2,108 million during the year 2016, an increase of 22%. The earnings per share (EPS) increased from Rs.26.57 in 2016 to Rs.32.39 in 2017, an increase of 22%. The results were declared by the Board of Directors who met under the chairmanship of Mr. Kamal A. Chinoy to review the annual performance of the Company.
The year 2017 was another impressive performance from Jubilee Life, which was recognized by third parties with awards and accolades during the year, including the selection for the prestigious PSX Top 25 Companies Award for 2016, and the 5th FPCCI Achievement Award for 2016.
Speaking about the financial results, Mr. Javed Ahmed, Managing Director & CEO Jubilee Life said, “Our results are a reflection of our commitment to excellence – we believe in being second to none. With our footprints spread all across Pakistan, we remain the insurer of choice for countless families and households across the country, and our achievements, including some of the most prestigious awards of the corporate sector, make us the leader in the field of life insurance in Pakistan.”
He added that Jubilee Life will continue to follow a strategy of high business growth with sustainable profitability.
Jubilee Insurance is a global brand of the Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers a uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.
February 20 2018
February 20th 2018: Roshan Rahain an ambitious young, non-profit organization is committed to educating children using alternate forms of art and has launched first-of-a-kind financial literacy program in Pakistan with support from Jubilee Life Insurance. The Program will teach children about the importance of savings, techniques of managing day-to-day transactions, handling cash and much more using the medium of music and other engaging activities along with role playing.
Pakistan has the lowest financial access in the world. About 100 million adults in Pakistan (roughly about 80% of country’s population) don’t have access to formal and regulated financial services. This number accounts for about 5% of the world’s unbanked population, which stands at 2 billion, as per the World Bank (WB). The lack of financial access creates multiple problems for people including having to face financial shocks, unexpected expenses and being excluded from savings services.
Jubilee Life Insurance supports Roshan Rahain for a 3-month long program, Roshan Rahain’s team reached out to approximately 3,000 children from different schools in Lahore as well as from institutions that are working with underprivileged children. During the project, the team visited numerous schools including Lahore Grammar School, Aitichson School, Door of Awareness & Sharif Education Trust, Rosan Islamic School, SOS Village, in total the Roshan Rahain team visited around 15 schools both private & public.
Speaking at the activity session, the coordinator of Lahore Grammar School commented “The activities conducted by Roshan Rahain were extremely creative and the role playing idea was superb as kids not only enjoyed themselves but also learned a lot through these activities”.
A representative from the Sharif Education Trust said “We need more of these activities & educational sessions, the use of music to learn financial literacy was very creative and this is an important subject for children in these times especially”.
Founder of Roshan Rahain, Shaigan Azhar shared “Children have a great ability to learn new things. The use of music and other techniques has proven impact on their ability to learn. We are extremely thankful to our sponsors & schools for believing in us and helping us reach out to children. Moving on, we hope to expand our reach to other cities of Pakistan reaching as many children as possible”.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Being one of the fastest growing life insurance companies in Pakistan, Jubilee Life boasts a presence in every major city in the country. They employ a highly trained sales force of more than 3500 individuals who help insure millions of lives through relations with a large number of organizations across Pakistan. Jubilee Life is the only company with the largest gross premiums written and has insured over 5 million lives through multiple channels of distribution. The company is backed by one of the world’s largest and strongest insurers, SCOR RE and HANNOVER RE.
January 06 2018
Polo is the game of Kings. It is the oldest recorded team sport in known history, with the first matches being played in Persia over 2500 years ago. Initially thought to have been created by competing tribes of Central Asia, it was quickly taken up as a training method for the King’s elite cavalry.
Polo continues, as it has done for so long, to represent the pinnacle of sport, and reaffirms the special bond between horse and rider. It is a high profile game and any significant polo event enjoys extensive coverage and draws participation of distinguished local & foreign dignitaries.
Jubilee Life/Master Paints will be facing off army in the finals of the Lt Gen Shah Rafi Alam Memorial Polo Cup 2018 on Sunday at the Lahore Polo Club.
The team consists of veteran players including Hamza Mawaz Khan, Edward Eve, Syed Aun Mohammad Rizvi and Farooq Sufi. Hamza Mawaz Khan is Pakistan’s no. 1 Polo Player with 4 Handicap. Edward Eve is Member of England National Team with 2 Handicap. Syed Aun Mohammad Rizvi is also a remarkable young player of Pakistan, playing at the national circuit with 0 Handicap. He has been declared as the most improved junior player of 2016 by the Pakistan Polo Association.
Talking to the media, Islamabad’s youngest sensation, Aun Rizvi, said, “The game has been remarkable this season. The players displayed high quality of Polo. We had 9 teams and more than dozen players in each team with several international players participating in this tournament. It’s a really proud moment for me and I am determined to lead the team into winning the cup.”
Hamza, Edward, Aun and Farooq played with authority and dominate the competing teams which were studded with national and international players. Come and watch the final at Lahore Polo Club on Sunday to witness these young guns play.
December 15 2017
Karachi, December 15, 2017 – Jubilee Life Insurance’s Takaful Business has achieved the fastest Rs.3 billion milestone since its inception two years ago. Simultaneously, in a first for any window takaful operator in Pakistan, Jubilee Life has won the 5th FPCCI award for its Takaful Operations strengthening Jubilee Life’s position as the leading insurance provider in the country.
Jubilee Life has been the pioneer in the industry in introducing innovative products and solutions to provide additional value to its customers and strengthening its relationship with them. With its window Takaful operations, the Company has expanded its distribution channel far and wide to reach out to the entire nation with its Takaful products.
Commenting on the occasion, Mr. Javed Ahmed, MD and CEO, Jubilee Life, said “Jubilee Life is dedicated to offering innovative solutions that are beneficial for Pakistanis of all walks of life. We are very pleased to have achieved these milestones in the short time since the launch of Jubilee Takaful. Jubilee Life aims to be Pakistan’s best service provider from the insurance industry and we will continue our pursuit of providing world class service and excellent insurance and Takaful products for the Pakistani market.”
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.
November 28 2017
Karachi, November 28, 2017: Jubilee Life, Pakistan’s leading life insurance provider, has partnered with SEED Ventures for the 2nd Enterprise Challenge Pakistan, a Prince’s Trust International programme. This was announced at the project signing ceremony held recently at the Head Office of Jubilee Life. The signing ceremony took place between Mr. Javed Ahmed, MD & CEO, Jubilee Life and Mr. Faraz Khan, CEO & Co-Founder, SEED Ventures, in the presence of Mr. Jonathan Townsend, CEO, Prince’s Trust International.
Enterprise Challenge Pakistan (ECP) is a pan-Pakistan, inter-school competition that encourages young people to explore entrepreneurship as a career path. It is offered to secondary school students within the age bracket of 13-16 years in various schools across the country. ECP is essentially a simulation business challenge where students playing in teams of four or five employ their creativity in cyber-scenarios. Each team is mentored by industry experts to help these students understand the basics of an enterprise, business strategy and financials. The objective is to profitably run an enterprise and the team with the highest net profit is declared the winner.
On this occasion Javed Ahmed, CEO and MD, Jubilee Life said, “We have seen from the example of fast growing countries that phenomenal economic growth is propelled by entrepreneurship. To promote entrepreneurship, it is important that the people with innovative ideas and skills have access to vital resources such as mentorship, finances and knowledge to initiate new business, especially small and medium size enterprises. ECP is a great initiative for this cause and we are glad to be their partners in promoting the enterprise culture in Pakistan.”
Jonathan Townsend, Prince’s Trust International Chief Executive, said: “Prince’s Trust International is excited to be partnering with SEED Ventures for a second year, bringing the Enterprise Challenge programme to Pakistan. Following the successful launch of the programme in 20 schools last year, this year we celebrate 44 schools joining the programme. This is a significant achievement, extending delivery even further across Pakistan, delivering in key cities as well as reaching many more young people from more remote and under-served areas of the country. I am delighted to have been able to witness the achievements of the hundreds of young participants taking part in the programme.”
Faraz Khan, SEED CEO and Co-founder said, “Enterprise Development is SEED’s core mandate, and we understand that young people can contribute immensely to this ecosystem. Hence, the pace, quality and scale of Enterprise Challenge Pakistan is of utmost importance and we need to engage our budding entrepreneurs from a very early age as they have the potential to resolve the economic challenges and bring about an immensely noticeable change in the country’s economy.”
Prince’s Trust International is the most recent addition to The Prince’s Charities, formally launched in 2015 to share the successful programmes and expertise of His Royal Highness The Prince of Wales’s youth charity, The Prince’s Trust. Over 40 years The Prince’s Trust has helped more than 870,000 disadvantaged young people across the United Kingdom to turn their lives around; three in four young people supported move into work, education or training.
Prince’s Trust International works in partnership with the private sector, governments, and civil society in countries around the world to support young people aged 13-30 into work, education or training. By working with local partners Prince’s Trust International create opportunities for young people in communities around the world to thrive and support them to build their skills and confidence.
ECP, an initiative of Prince’s Trust International, is executed in Pakistan by SEED Ventures as the local Founding and delivery partner. The competition also runs in Jordan and the United Kingdom. In its very first year the programme was delivered in 10 cities in Pakistan with over 300 students from 20 schools participating in the competition, supported by over 40 mentors. In two years, Enterprise Challenge Pakistan has been delivered in 28 cities and reached over 10,000 students with 675 participants in 2017.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. The company also recently launched Takaful business to cater to all Pakistanis.
November 24 2017
Syed Usman Qaiser-Chief Manager Marketing, Jubilee Life, receiving the award from Vice president (Academics)- Dr.Altaf Mukati and Dr. M. Suleman Sheikh at the SZABIST’s 2nd National Research Conference on Management and Business- November 24, 2017
October 29 2017
Sohail Fakhar, Group Head (Corporate Business, Marketing & Administration), Jubilee Life, presenting the Jubilee Insurance Best Batsman of the Match Award to Shoaib Malik after Pakistan’s victory against Sri Lanka in the 3rd and final T2O.
October 27 2017
Munawar Khalil, Group Head-HR & Takaful, Jubilee Life presenting the Jubilee Insurance Best Batsman of the Match Award to Danushka Gunathilaka after Pakistan’s victory against Sri Lanka in the second T20.
October 26 2017
Farhan Faridi, Group Head (Retail Distribution), Jubilee Life, presenting the Jubilee Insurance Best Batsman of the Match Award to Shoaib Malik after Pakistan’s victory against Sri Lanka in the 1st T2O.
Rabia Butt, a leading Pakistani model presenting the Rangreza powered by Jubilee Insurance Best Fielder of the Match Award to Sadeera Samarawickrama after Pakistan’s victory against Sri Lanka in the 1st T20.
October 23 2017
Syed Usman Qaiser, Chief Manager Marketing, Jubilee Life, presenting the Jubilee Insurance Best Batsman of the Match award to Fakhar Zaman after Pakistan’s victory against Sri Lanka in the 5th and Final ODI.
October 20 2017
Kashif Naqvi, Department Head (Technology, Data Management, Planning & Execution), Jubilee Life, presenting the Jubilee Insurance Best Batsman of the Match award to Babar Azam after Pakistan’s victory against Sri Lanka in the 4th ODI.
October 18 2017
Sohail Fakhar, Group Head-Corporate, Marketing & Administration, Jubilee Life presenting the Jubilee Insurance Best Batsman of the Match Award to Imam-ul-Haq after Pakistan’s victory against Sri Lanka in 3rd ODI in Abu Dhabi.
October 16 2017
Bilal Ashraf, Lead Actor of the upcoming Pakistani film – Rangreza, presenting the Rangreza powered by Jubilee Insurance Best Batsman of the Match Award to Babar Azam after the victory of Pakistan in the Pakistan V SriLanka 2nd ODI in Abu Dhabi.
October 13 2017
Syed Usman Qaiser, Chief Marketing Manager, Jubilee Life presenting the Rangreza powered by Jubilee Insurance Best Batsman of the Match Award to Babar Azam after Pakistan’s victory against Sri Lanka in 1st ODI in Dubai.
October 11 2017
Syed Usman Qaiser-Chief Manager Marketing, Jubilee Life, briefing at the event PBSA 3rd Ranking Snooker Championship 2017- October 11, 2017
October 10 2017
Umair Shah (Marketing Officer Jubilee Insurance) presenting the Jubilee Insurance Best Batsman of the Match Award to Dimuth Karunaratne of SriLanka who won the Pakistan V Sri Lanka Test Series in Dubai on Tuesday.
October 07 2017
Read MoreOctober 02 2017
Syed Usman Qaiser, Chief Marketing Manager, Jubilee Life presenting the Best Batsman of the Match award to Sri Lanka’s Captain Dinesh Chandimal after the first Test Match between Pakistan and Sri Lanka.
September 24 2017
Lahore, Sunday, September 24, 2017 – Jubilee Life, Pakistan’s largest life insurance provider in the private sector, has agreed to partner with the Pakistan Cricket Board (PCB) as co-sponsors for Pakistan’s upcoming series with Sri Lanka in the UAE starting this month.
The two Asian cricketing giants will be vying for honors in an exciting tour which includes two Tests, five One-Day Internationals and three Twenty20 Internationals. The first Test begins on September 28 at the Shaikh Zayed Stadium in Abu Dhabi.
The announcement was made at a PCB press conference in Lahore. Chief Selector Inzamam-ul-Haq and Amjad Hussain Director Media, Coordination & Implementation, PCB were present at the event along with Syed Usman Qaiser, Chief Manager Marketing, Jubilee Life.
“Signing up as the co-sponsors of this tour is a testament to Jubilee Life’s philosophy of supporting sports in Pakistan,” said Usman. “With the recently concluded World XI series, things are looking exciting for cricket in the country. As co-sponsors, we wish to extend our full support to Pakistan cricket and hope that this wonderful revival continues and keeps achieving unprecedented milestones.”
Jubilee Life has been a longstanding supporter of sports in Pakistan. The company was the lead sponsor of the Pakistan Super League (PSL) outfit Quetta Gladiators last season. Other than cricket, Jubilee Life has also lent its support to other sports in Pakistan including snooker and golf. This sponsorship will be the first time Jubilee Life will partner with the PCB as a sponsor for any cricket tour.
“We are glad to have Jubilee Life as co-sponsors for this tour,” said PCB spokesperson. “It is indeed heartening to see local companies step forward and extend their financial support to cricket in Pakistan. We are on the road to revival of cricket in the country and support of entities like Jubilee Life will go a long way in helping us achieve those objectives. We now hope the team has a successful tour.”
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general). Jubilee Life 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, Jubilee Life is the most profitable and valuable life insurance company on the stock exchange.
September 06 2017
Read MoreAugust 18 2017
Read MoreMay 25 2017
Read MoreMay 25 2017
Read MoreMay 04 2017
Read MoreMay 04 2017
Read MoreFebruary 21 2017
Read MoreJanuary 11 2017
Karachi, January 09, 2017: Jubilee Life Insurance, the country’s leading life insurance company, launched window Takaful operations in 2015 and has successfully become the first insurance provider achieving the milestone of one billion rupees in premiums within a record time.
Speaking about this achievement, Javed Ahmed, CEO and MD, Jubilee Life Insurance said, “SECP’s decision of starting Takaful window operations was excellent for the industry as it has helped us increase the consumer base. Although, the percentage of people not opting for traditional insurance due to religion was always fairly low. Today, we stand even more determined to excel and with our focused strategy covering all growth areas resulting in continued success for the organization.”
The Company has been performing well and is leading the insurance industry with a growth rate of 41 percent in topline and 70 percent in bottomline. Jubilee Life pioneered in establishing the bancassurance channel of distribution and excelled it. The same channel was used for Takaful to reach out to the masses and enhance penetration. This achievement reaffirms Jubilee Life’s position as the market leader and the most consumer friendly insurance provider.
Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance / Takaful plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.
January 04 2017
Karachi, January 03, 2017: Jubilee Life Insurance, the leading private sector life insurance provider in the country, has been awarded Brands of the Year Award for 2015-2016 in the life insurance industry. The much-awaited awards ceremony was held recently at Grand Convention Marquee PAF Museum, Karachi. The Chief Guest at the Ceremony was honorable Chairman Senate Mr. Raza Rabbani.
The prestigious award was received on behalf of Jubilee Life Insurance Company Limited by their Head of Corporate Business Distribution, Mr. Faiz ul Hasan. Talking about this achievement, Mr. Hasan said, “This is indeed a great moment of pride and a milestone for Jubilee Life to receive this astounding honor. This award is a testament of our success from being the leading insurance service provider of the country to becoming the brand of the year. Jubilee Life, post our rebranding, aimed at creating awareness for the common man for sound understanding of financial solutions. We have done several campaigns with the same objective and have achieved remarkable results over the years. This award reaffirms our faith in the direction we have taken for branding and we will continue to surprise our consumers with meticulously planned new products.”
Brand of the Year Award is recognition for brands recognized as champions in their industry for a leading performance. Its evaluation process is comprised on a nationwide quantitative qualified consumer survey, expert analysis and attributes based on qualitative brand research.
Jubilee Insurance is a global brand of the Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers a uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.
October 06 2016
Read More