EFU Life Corporate Presentation 2017

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Transcription:

EFU Life Corporate Presentation 2017

Our History 1932 1962 1972 1992 2017 Company Formed Largest insurance company Nationalization of life insurance EFU Life rebirth 18 TH November marks the commencement of the 25 th year of successful company operations as the leading life insurer in Pakistan Largest Insurance Group having a rich history of over 85 years of Caring & Sharing. The EFU Group provides insurance coverage for all aspects of one s life, general and health insurance.

About EFU Life Leading private sector life insurance company One of the top three Asset Managers in Pakistan Strongest Financial base in the private life insurance sector Highest paid up capital of Rs. 1 Billion Diversified Portfolio offering Best Value Products Launched the First Window Family Takaful Operations under the brand name Hemayah Providing coverage to more than 2.5 million lives Launched the First Mobile app EFU Life PlanIT The largest salesforce in the private life insurance sector for both Conventional and Takaful products. State of the art customer service Prompt claim settlement First life insurance company in Pakistan to be awarded the ISO 9001:2008 certification Insurer Financial Strength rating of AA+, Outlook: Stable, by JCR-VIS. This rating is a testament to the company s strong capitalization level vis-à-vis the nature of risks underwritten and a very high capacity to meet policyholders obligation.

41.8% Return on Equity Key Financial Highlights-2017 RS. 4.34 Billion Shareholder Equity RS. 2.60 Billion Total Claims Paid RS. 18.12 Earnings Per Share RS. 1.812 Billion Profit After Tax RS. 110.24 Billion Strong Asset Base 150% Cash Dividend RS. 100 Billion Funds Under Management RS. 31.5 Billion Gross Premium

Business Growth of EFU Life Gross Premium (PKR 000) 35000000 31bn 31.5bn 30000000 24.7bn 25000000 20000000 15000000 10000000 8.4bn 10.1bn 11.9bn 14.1bn 18.2bn 5000000 0 2010 2011 2012 2013 2014 2015 2016 2017 Years

Financial Backing of the Leading Reinsurance Companies in the World

Products Everyone, Everywhere, Everyday! Products Individual Life Products Insurance Solutions that are customized to your affordability and your life needs Group Benefits Products Life Insurance solutions catering to Corporate entities with vast range of products such Credit Cover, Fee Continuation Plan, Savings Plan, Hospital Cash, Salary Continuation, Critical Illness Cover. EFU Hemayah Takaful Aap ki Khushiyon ka Saibaan! Comprehensive range of Shariah Compliant Takaful Solutions supporting an individuals needs and securing their family s future at every step of life

Individual Life Bancassurance Group Benefits Alternate Channels Distribution Footprint Bringing Financial Planning Solutions to your Doorstep! Over 5000 feet on street 200+ branches 100+ cities 14 Partner Banks Over 4500 Bank Branches across Pakistan Over 1000 Corporate Clients Over 3200 policies Over 1.7 million lives insured Telco s Branchless Banks Brokers Micro Finance Institutions Buy Now Online Buying Platform

Bank Partners

Strong IT Infrastructure Robust Life Insurance Administration system Product Illustration Software Client servicing and support Call Center (021-111-EFU-111) Online Client Portal for policy tracking & premium payment facility via Debit/Credit Card, Easy Paisa, Jazz Cash, Nada E-Sahulat, Monet, and 1 Link. Buy Now launched Low ticket sized products available on https://www.efulife.com/buynow/ SMS access for sales force Two way communication via SMS shortcode 9898 IBM FileNet for paperless environment Point of Sale system successfully deployed at multiple banks Enhanced features of EFU Life PlanIT mobile apps for both clients and Sales force Data center upgraded to ensure Tier III compliance standards to ensure 365 days uninterrupted operations; Environmental control; Physical security; precision cooling; Fire separation; & Network security.

Award& Accolades

Brands of the Year Award 2017 Conferred with Brands of the Year Award 2017 for the Best Life Insurance Company by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI). Consumer Choice Award 2016 Best Life Insurance Company in Pakistan for the 9th consecutive time for excellence in management practices and service quality. CSR Business Excellence Award 2017 CSR Award 2017 in the category of Social Impact by The Professionals Network and Ethical Business Update (EBU) in recognition of the company s efforts in the areas of health and education EFU Life Becomes Member of MEFIN Enrolled as a member of the Mutual Exchange Forum on Inclusive Insurance, or MEFIN Network, which is a collegial body of insurance policy makers and regulators in Asia. World Finance Global Insurance Award 2017 Winners of the Best Life Insurance Company award in Pakistan for the 3 rd consecutive year. Best Corporate Report Award 2016 Looking Over the Horizons ranked in the Top three in the Non Banking Financial Institutions Category by ICAP, and ICMAP for best presented best presented accounts SAFA Award Certificate of Merit by South Asian Federation of Accountants (SAFA) for Best Presented Accounts 2016 in the insurance sector, within South Asian Countries.

Thank You