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6th Asia Conference on Microinsurance

Led by Asia, micro insurance has grown rapidly over the recent years. Asia has accounted for some 80% of the current microinsurance initiatives. Given the population base and their socio economic status, there is increasing scope for dynamic growth. Many insurance companies are rapidly positioning themselves to capitalize on the emerging growth opportunities in this field.

It was an honor for Adamjee Insurance when Captain Mehmood Sultan Divisional Head Corporate Division was invited as a speaker at the 6th Asia Conference on Microinsurance in Manila. Captain Mehmood gave his presentation on “Insurance Industry’s Value Proposition to the Bottom of the Pyramid: Social Versus Commercial Aspects of Microinsurance”.

The presentation was very well appreciated by the audience and members of the conference. Captain Sultan emphasized on what was being done in the field of micro insurance in Pakistan and what was its potential in the near future. Captain Mehmood demonstrated the importance of fostering a framework of grassroots institutions through the process of social mobilization and how it enables all service providers both public and commercial to reach the masses. He explained that over the years Micro Insurance had provided the following:

      • Protection to people living below poverty line from financial crisis in case of serious illness,              accident in the family and death/disability compensation of the earning member(s)

      • Improvement in health infrastructure, construction of new hospitals and availability of doctors            and l ady doctors in rural areas

      • Reduced the cost of treatment by negotiating package deals for common operations , child                 birth and treatments

The conference closed with a “Roundtable Discussion: Evaluating the Microinsurance Landscape - What Does the Future Hold”.
 
Sales Get Together 2012

A Sales Get Together was held in Lahore and Karachi on 7th and 12th May respectively. This year the Company decided to arrange a fabulous and engaging evening for its entire sales staff to honor the star performers and motivate the sales team to perform better in the coming year. The Get Together kicked started at Lahore Avari where a red carpet event was specially arranged and awards were given out to top performers. GM Sales Mr. Asif Jabbar inaugurated the evening with his enthralling speech and the CEO Mr. Manzar Mushtaq delivered his words of wisdom regarding new standards, regulations and practices being adopted by the Company. The speeches and ceremony were followed by a scrumptious dinner and ended with a captivating performance by none other than the versatile Humera Arshad. The evening also showcased performances by renewed violinist, comedians and musicians.

On 12th May 2012 PC Karachi rocked with the same vibe and energy where the South Sales team came together for a majestic evening bursting with color, glamour, laughter and high-spirits. The floor was opened with dynamic speeches by GM Sales and CEO followed by the award ceremony. The surprise of the evening was the soulful voice of Captain Zubair which travelled throughout the hall of PC as he sang a famous gazal. For the South team we had an array of stars lined up with charming hosts to perform to an enthusiastic audience. Team members swayed to the rhythmic beats and melodious voices of Vicky, Shazia and Seema Qausar. Arshad and Akber Taimuri.

Special thanks to the MOCs of the two evenings Divisional Head Lahore Mr. Irfan - Ul -Haque and Divisional Head New Unit (Karachi) Absar Burney for their lively interaction and winning smiles that kept the audiences entertained throughout the evening.

Congratulations to all our star performers in the North and South Region for their dedication and efforts in making the Company grow and yield positive results today and tomorrow.


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