TPL Insurance & UBL Partner to Introduce Installment plans for Auto Insurance Premiums
KARACHI – October 28, 2019: TPL Insurance, Pakistan’s first direct insurance company, joins hands with UBL, a leading player in the banking and financial services sector in Pakistan. AnMoU was signed between the two organizations recently, at the UBL Head Office, Karachi.
The two companies have collaborated to launch ‘Assure Finance’, an insurance premium financing project for mutual customers of TPL Insurance and UBL. In the wake of a 42% reduction in automobile sales in Pakistan, this collaboration aims at providing convenient, affordable and easily accessible Auto Insurance solutions to customers.
Present at the signing ceremony, from TPL Insurance were, Muhammad Aminuddin – Chief Executive Officer, Syed Ather Abbas – Deputy Managing Director, Syed KazimHasan – Chief Operating Officer, Aurangzeb JavedSiddiqui – Head of FIG and Waheedullah Shah – Manager Sales, FIG. Representing UBL were TauqeerMazhar – Group Head Branch Banking, ShaheryarSaeed Khan – Head of Consumer Banking, SharjeelRaza Khan – Head of Consumer Loans and Faheem Ahmed Haleem – Product Manager.
This partnership is in line with TPL Insurance’s pursuit of providing seamless insurance services to customers through its 24/7 call center and digitally integrated insurance solutions.