UBL Insurers Limited is an associated company of United Bank Limited. It is jointly owned by United Bank Limited (UBL) and the bank’s sponsors, the Bestway Group. UBL Insurers has been licensed to transact general insurance business in Pakistan, effective from January 5th, 2007. It is registered as an insurer with the Securities and Exchange Commission of Pakistan. UBL Insurers Limited has an insurance association with the Insurance Association of Pakistan (IAP).
UBL Insurers aims to bring banking and insurance together in offering comprehensive financial solutions, to better serve the existing customers of UBL as well as to attract new business. The company has emphasized the hiring of top-of-the-line experienced underwriters to provide a solid operational framework for the company.
The mission of the company is to become a reputable general insurer in the country by providing dedicated service to customers. This will be accomplished by recognizing customer needs and providing unique products, as well as servicing claims within the optimum time frame.
By the grace of Almighty, the company has underwritten a gross premium of Rs. 3.8 billion during 2018, including window Takaful Operations, and has been assigned an “AA” rating by JCR VIS. The company has full-fledged branches in Karachi, Lahore, Multan, Faisalabad, Islamabad, Hyderabad, Bahawalpur and is providing matchless services to its clients in these areas. The company also has a sub-office in Peshawar.
Every member of the UBL Insurers Limited team is driven by the core principles of integrity, teamwork, and mutual trust, and each of them is committed to creating an environment that embodies the following values:
Service, Integrity, Collaboration, Respect and Protection