State Life, Silkbank sign agreement

Karachi (PR): State Life Insurance Corporation of Pakistan (SLIC) and Silkbank have signed a Bancassurance Distribution Agreement. Under this Agreement, SLIC Bancassurance Products will be offered by Silkbank to existing and potential customers through the Bank’s widespread distribution channels. Offering Bancassurance Products in line with SLIC’s commitment to continuous improvement and product innovation,it also aligns with Silkbank’s strategic intent to be “a high performance Bank admired for Innovation, Customer Service and Inspired Employees”.

The agreement was signed by Mr. Gian Chand Kewalramani, General Manager Bancassurance SLIC, Mr. Asif Azeem, Head of Wealth Management and Cross CellSilkbank, and Mr. Mohammad NaseemRawther, CEO GBA Services (Pvt.) Limited.

This alliance between SLIC and Silkbank provides customers with protection that ensures their financial security. With Silkbank as its new Bancassurance partner, State Life Insurance Corporation looks forward to a significant expansion of its business which will benefit from a wider, strategically-located distribution network across the country. The Agreement Signing Ceremony was attended by Mr. Jamil Anwar, Executive Director SLIC, Mr. Asif Azeem,Head of Wealth Management and Cross CellSilkbank, Mr. Izqar Khan, Executive Director of SLIC and Silkbank representatives.

Mr. Jamil Anwar, Executive Director, shared the vision of SLIC, “As the only national player in the Bancassurance market, State Life Insurance Corporation feels it has an obligation to reach out to every potential customer through every available distribution channel. With the benefit of Silkbank’s distribution network and capabilities, SLIC believes this partnership will help us write yet another success story in Bancassurance.It will help us continue our legacy of market leadership in terms of superior products, business procurement, quality policyholder services and unmatched claim payments”.

Mr. Asif Azeem,Silkbank, said, “At Silkbank, we strive to provide world-class financial services to our customers across Pakistan. We do this through innovative products and excellence in customer service. We are pleased to be entering into an agreement with State Life Insurance Corporation, the leading insurer of Pakistan, and look forward to providing additional value to our customers through SLIC’s Bancassurance products.”

State Life Insurance Corporation is a Government-owned Corporation, operating with a Life Fund of over Rs.500 billion and serving a customer base of over 6 million policyholders. GBA Services (Pvt.) Limited, under the terms of the Agreement, will provide certain administrative, software and related services to SLIC.

Akhuwat cloth bank gift shop

Lahore (PR): A group of SOS children went for shopping to the Akhuwat Clothes Bank where they were greeted with the Clothes Bank team of Kwajasiras. The payment in the form of smiles and laughs and friendship bands in exchange for toys, books and clothes was gladly accepted by Akhuwat. Today was a little different; among these children was a family of five brothers and sisters who have recently joined the SOS Children’s Village Lahore family. Words cannot convey the warmth that surrounded the selection of dresses and gifts. As a few street children gathered to view this picturesque exchange an even more picturesque exchange occurred, the SOS children were seen lovingly sharing their gifts with them. Here was a live demo of the messages of the Prophet Muhammad (Peace be upon him) - to care for the orphans seen practiced by SOS and the concept of sharing encapsulated in Akhuwat.

Cinepax Cinemas joins hands with Islamabad United

Karachi (PR): Cinepax Cinemas announced to join hands with Islamabad United as Official Fan Park to bring back cricket to Pakistani Audience.

Fan Park means, the place where all the matches will be shown Live and the official merchandise will be available for fans.Mr. Babar Hamid (Official Representative of Islamabad United and Pakistan) and Mr. Hashim Raza (CEO Cinepax Cinemas)signed the alliance agreementat Cinepax Cinema, Ocean Mall, Karachi.

Hashim Raza, CEO, Cinepax Cinemas, said “This is a great opportunity for Pakistanis and it is a great moment because we are getting into PSL and I am very excited and for being partners with them for the fan park, I want everyone to come and watch these matches Live at all the Cinepax Cinemas nationwide.”

‘We are very excited to have Cinepax Cinemas as the official fan park and we will be screening all our matches at Cinepax Cinemas, come and enjoy these matches.” remarked Babar Hamid, Official Representative of Islamabad United in Pakistan.