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KARACHI, April 05, 2013 – Jubilee Life, one of the fastest growing life insurance companies in Pakistan, has taken an initiative to launch a Loyalty Program for its customers in collaboration with ORIX Leasing Pakistan Limited as its partner in providing POS Network to support its Loyalty Card program. This arrangement was formalized in a recently organized signing ceremony where Mr. Javed Ahmed, Managing Director & CEO Jubilee Life and Mr. Teizoon Kisat, CEO ORIX Leasing Pakistan, signed the agreement.
As per agreement, ORIX leasing Pakistan Ltd., one of the first and largest third party infrastructure providers for card business in the country, will provide Jubilee Life its Point-of-Sales Terminals and POS Network at selected merchant outlets for carrying out Loyalty Card transactions nationwide.
Jubilee Life, through this initiative, will be offering its premium customers, exclusively branded Loyalty Cards which will enable them to enjoy exclusive discounts and benefits at branded merchants, restaurants, airports, hospitals and customized insurance related services.
“We at Jubilee Life always try to provide our customers with the best financial solutions. This Loyalty Program represents Jubilee Life’s commitment to its customers by offering an extensive program that goes far beyond providing security and financial benefits of the existing life insurance policies,” said Mr. Javed Ahmed.“I am positive that this program will ensure Jubilee Life to continue to move forward with the same ambition and zest as the previous years. Jubilee Life will become the first life insurance company in Pakistan to offer its customers with these unique and exclusive offers.” he added.
Commenting on the occasion, Mr. Teizoon Kisat said, “We are excited to be joining hands with one of the leading life insurance companies in Pakistan. The partnership with Jubilee Life will help strengthen our best practices to provide convenience and easy technological solutions to people nationwide.”
The ceremony was also attended by Faisal Shahzad Abbasi, Head of Retail Distribution and Marketing – Jubilee Life, Murtaza Zafar, Marketing Manager – Jubilee Life, Giasuddin Khan, GM & Head of e-Business Division – ORIX Leasing Pakistan Limited, Imran Qureshi, President – Access Group Pvt Ltd.
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 insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.