Company was established in the
year 1959 and commenced General Insurance business from
January, 1960.
United Insurance is the only and First Insurance Company
of Pakistan doing Crop Insurance and Livestock Insurance.
(which have the reinsurance arrangement also)
Type of Company
It is a public limited company
listed in Karachi Stock Exchange (Guarantee) Limited.
Its directors hail from various vocations & professions.
| Board of Directors |
| Mian
M. A. Shahid |
Director and Chairman |
| Mr. Khawas
Khan Niazi |
Director and Chief Executive |
| Mr. Ch.
Habib-ur-Rehman |
Director and President |
| Miss.
Huma Waheed |
Director |
| Mr. Ch.
Maqsood Ahmed |
Director |
| Mr. Ch.
Najib-ur-Rehman |
Director |
| Mr. Ch.
Aziz-ur-Rehman |
Director |
|
| |
| Management |
| Chairman |
Mian M. A. Shahid |
Dy. Managing
Director
Company Secretary |
Zia Hassan Zuberi |
| Advisor to
Chairman |
Naseer Ahmed
(Former Member Revenue CBR)
(Additional Secretary Military Finance)
(Additional Secretary Finance) |
| Deputy Managing
Director |
Mr. Azizullah Memon
(Former President of United Bank Ltd. & Bolan
Bank) |
| Executive Director |
Maj. Gen. (R) Asif Duraiz Akhter |
| Executive Director |
Muhammad Saleem Sheikh
(Former President/Chief Executive ABL) |
| Executive Director |
Javaid Sadiq
(Former Chairman/Chief Executive IDBP) |
| Executive Director |
Sheikh Muhammad Javid
(Former Member K.E.S.C Borad of Director &
Managing Director) |
| Executive Director |
Mian M. A. Zahid |
| Joint Director/Country Manager |
Dr. Murtaza Mughal |
| Chief Financial Officer |
Raja Naeem Tariq |
| Chief Internal Auditor |
Maqbool Ahmed |
| Chief Manager Accounts |
Tajamal Iqbal |
| Joint Director Underwriting |
S.M. Qaiser Imam |
| General Manager
Administration |
Muhammad Masood Malik
(Former Bank Executive HBL) |
|
| |
| Executive Management
Committee |
| Mian
M. A. Shahid |
Chairman |
| Khawas
Khan Niazi |
Member |
| Zia Hassan
Zuberi |
Member |
| Naseer
Ahmed |
Member |
| Aziz Ullah
Memon |
Member |
| Maj. Gen.
(R) Asif |Durani Akhtar |
Member |
| Javed
Sadiq |
Member |
| Seikh
M. Javed |
Member |
| Main
M.A Zahid |
Member |
| Muhammad
Saleem Sheikh |
Member |
|
| |
| Management Committee |
| Mian
M. A. Shahid |
Chairman |
| Khawas
Khan Niazi |
Member |
| Zia Hassan
Zuberi |
Member |
| Naseer
Ahmed |
Member |
| Azizullah
Memon |
Member |
| Muhammad
Saleem Sheikh |
Member |
| Mumtaz
Hussain Khan |
Member |
| S.
M. Qaiser Imam |
Member |
|
| |
| Investment Committee |
| Mian
M. A. Shahid |
Chairman |
| Zia Hassan
Zuberi |
Member |
| Huma Waheed |
Member |
| Khawas
Khan Niazi |
Member |
| Javed
Sadiq |
Member |
|
| |
| Audit Committee |
| Ch. Aziz-ur-Rehman |
Chairman |
| Ch. Najib-ur-Rehman |
Member |
| Huma Waheed |
Member |
|
| |
| Re-Insurance Committee |
| Mian M. A. Shahid |
Chairman |
| Khawas Khan Niazi |
Member |
| Dr. Murtaza
Mughal |
Member |
| Mumtaz
Hussain Khan |
Member |
| Aamir
Hameed |
Member |
|
| |
| Under-Writing Committee |
| Ch. Habib-ur-Rehman |
Chairman |
| S.M. Qaisar Imam |
Member |
| Mumtaz
Hussain Khan |
Member |
|
| |
| Claims Settlement Committee |
| Huma Waheed |
Chairperson |
| Khawas Khan
Niazi |
Member |
| Muhammad Yasin Khan |
Member |
| S.M. Qaisar
Imam |
Member |
|
| |
| Joint Directors |
| Zarar Ahmed
Butt |
|
| Mian Kashif Rasheed |
|
| Ch. Aslam
Feroz |
|
| Muhammad
Siddique Sheikh |
|
| Muhammad
Naseem Butt |
|
| Shakeel
Ahmed |
|
|
| |
| Auditors |
| M/s
Avais Hyder Liaquat Nauman |
Chartered
Accountants |
| M/s.
Sarwars |
Chartered
Accountants |
|
| |
| Legal Advisors |
| Mr.
M.Farooq Shaikh (Advocate) |
| Mr.
Fazal Hussain (Advocate) |
| Mr.
M. A. Hamdani (Advocate) |
|
| |
| Income Tax Advisor |
| M/s.
Sarwars, Chartered Accountants |
|
| |
Treaty
Treaty arrangement can easily assume
any single risk up to the value of Pak Rs.405.000 Million
and it is certified by the Securities & Exchange Commission
of Pakistan.
 |
Reinsurance
Arrangements for The Year 2009 |
| |
|
| Company's
Reinsurers |
|
M/s. Mitsui
Sumitomo Reinsurance Limited Kuala Lumpur, Malaysia. |
|
M/s. Sompo Japan Reinsurance,
Hong Kong. |
|
M/s. Pakistan Reinsurance
Company Limited, Pakistan |
|
M/s. Malaysian Reinsurance
Company, Kuala Lumpur, Malaysia. |
|
M/s. Labuan Reinsurance
Company, Kuala Lumpur, Malaysia. |
|
M/s. BEST Reinsurance
Co., Kuala Lumpur, Malaysia. |
|
M/s. Trust International
Insurance Co (BSC), Bahrain. |
Central Depository
Company (CDC) Issuer
Enlisted with number
of Institutions
Company registered as approved Insurance
Company with following Schedule Banks, DFI's Leasing Companies
and Large Institutions
(Click
Here..)
Business Tariff
Insurance Association of Pakistan
has made various tariffs and the Company. as a member follows
them in respect of insurance policy, wording, premium rating
and rules and regulations.
Company's Offices
Its Registered Office is situated
in Karachi and Head Office at Lahore with branches and representatives
all over Pakistan.
|
