SPECIAL EDITORIAL FEATURE

Jubilee Life is today the largest private insurance company in Pakistan with over 7.5 million lives insured.
The year 2021 marks the 25 year anniversary of Jubilee Life Insurance Company, commonly known as Jubilee Life. Two and a half decades ago, Jubilee Life started its journey with the vision of enabling people to overcome uncertainty. Since its inception in 1996, Jubilee Life has been instrumental for people all across the country in realizing the need for having necessary insurance policies in place to mitigate financial woes and to take the edge off the risk and protect them in the event that they suffer a loss.
Having achieved many milestones in such a brief period of time, Jubilee Life is today the largest private insurance company in Pakistan with over 7.5 million lives insured so far. Jubilee Life is also the largest Takaful operator nationwide. Thanks to its innovative and customer-centric approach, a vast array of insurance solutions tailored by Jubilee Life to cover various financial protection needs, make them the highest premium writer in the country. With a proven business acumen, rich expertise and well-established credentials, Jubilee Life happens to be the fastest growing financial funds in Pakistan.
Mr. Javed Ahmed is the Managing Director and Chief Executive Officer of Jubilee Life. Mr. Ahmed joined the company in 1997 and under his exemplary leadership, the company has earned distinctive respect over the years, successfully emerging as one of the leading private sector insurers in the country. From the very beginning, Jubilee Life launched scores of trailblazing initiatives like Bancassurance, Micro-Insurance and Takaful business and won many prestigious awards. Today, Jubilee Life ranks high as the largest private sector insurer in Pakistan, be it Life Insurance, Health Insurance or be it Family Takaful.
Through its robust insurance solutions and resolute commitment to timely payment of claims and benefits, Jubilee Life has instilled a sense of confidence and trust in its customers and stakeholders. Through the years, Jubilee Life Insurance has paid about PKR 120 billion in terms of insurance benefits and has secured over 7.5 million lives. Thanks to Jubilee Life, families across the country have the peace of mind that they can always get the support they require - when and where they need it.
Initially, the company started its operations as Commercial Union. Later it was acquired by the Aga Khan Fund for Economic Development (AKFED) and renamed to NJI Life. In 2011, the company was rebranded as “Jubilee Life Insurance,” since it is associated with “Happiness”, a universal guiding principle which very much relates to its core business. Over the 25 years, Jubilee Life has taken huge strides and has successfully acquired a strong presence in the market.
As an insurance provider, Jubilee Life knows better how to weather the storms of life through its vast range of products and services, providing a safe harbour in times of uncertainty. The past couple of years has undoubtedly tested Jubilee Life’s resilience as it battled to maintain its business stability as well as operational continuity in the face of prolonged lockdowns and drawn-out disruptions. Rising to the occasion, Jubilee Life has adapted well and has continuously been delivering on its promise to its both individual and corporate customers.
Jubilee Life has its footprints entrenched in every nook and corner of the country, having attained the position of the leading private sector life and health insurance company in Pakistan. This has only been attained through the trust and confidence reposed in Jubilee Life by its valued policyholders. The endless trust of its policyholders, partner banks, panel of hospitals, shareholders, and their human resources over 25 eventful years have made the impossible possible. Providing the highest levels of excellence and service, Jubilee Life reaffirms its commitment to its policyholders, and is looking forward to celebrating many more anniversaries together. ![]()


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