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Shaheen Insurance Company Limited and Habib Metropolitan Bank have recently entered into a Memorandum of Understanding.

News Desk by News Desk
August 16, 2024
Shaheen Insurance Company Limited and Habib Metropolitan Bank have recently entered into a Memorandum of Understanding.
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Karachi Pakistan : Shaheen Insurance Company Limited and Habib Metropolitan Bank have recently entered into a Memorandum of Understanding for Auto Insurance covering vehicles financed by Habib Metropolitan Bank, for both in conventional and Takaful Insurance. Mr. Sohel Kidwai, Chief Marketing Officer of Shaheen Insurance and Syed Faheem ul Islam, Unit Head Consumer Products signed the MoU on behalf of their companies.

Shaheen Insurance is among the fastest growing General Insurance and Takaful Insurance company in Pakistan, licensed by SECP and have been rated A+ by PACRA. The strength of the company Re-insurance arrangements backed by its shareholders Shaheen Foundation (PAF) provides immense financial strength to Shaheen Insurance.

The ceremony was attended by Mr. Rizwan Akhtar, Chief Executive Officer and Mr. Nisar Almani, Chief Financial Officer of Shaheen Insurance with Habib Metropolitan Bank and other senior officials of both the organizations.

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