SLIC and HBL sign Bancassurance/Takful distribution agreement

F.P. Report

ISLAMABAD: State life Insurance Corporation of Pakistan (SLIC) and Habib Bank Limited have signed a Bancassurance/Takful Distribution Agreement under this Agreement, SLIC Bancassurance/Banca Takful Product will be offered by Habib Bank Limited to existing and potential customers through the bank’s widespread distribution channels.

The triparti agreement was signed between Mr. Ataullah Rasheed Divisional Head Bancassurance State Life, Mr. Aamir Irshad- Head Branch Banking Habib Bank Mr. Mohammad Ali Head Distribution Naufal Moosa- Head wealth Management & Bancassurance, Mr. Pervaiz Altaf Divisional Head Takful and Mr. Naseem Rawther, COO GBA services (Pvt) Limited.

The signing ceremony was held on today at 11.00 am at Ministry of Finance, Q Block, 2nd floor, Committee Room Islamabad, witnessed by the Secretary Finance/ Chairman State Life Mr. Younus Dagha, Mr. Izqar Khan Executive Director Bancasssurance/Takaful.

The alliance between SLIC and Habib Bank will provide the existing and prospective customers protection and financial security. State Life Insurance Corporation of Pakistan looks forward to a significant expansion of its business through HBL’s wider a for reaching distribution network across the country.