Insurance association of Pakistan is one of the biggest private sector insurance company of Pakistan. This company is run by 36 members and all these members collectively produce almost 95% of the insurance all over the Pakistan in different sectors of private and public. It is actually backbone of insurance industry in Pakistan. Almost 26 different Pakistani and foreign companies are supporting IAP for business insurance as members in which 26 are Pakistani and other two are foreign similarly 7 insurance companies supporting for life insurance from which 6 are Pakistani and seventh is foreign. Almost 36 different companies at this stage are partners with IAP.
All the companies member of IAP are supportive to IAP but it depends how much premiums they are paying. If they have larger companies they support much more and smaller companies support comparatively lesser. All these companies are supportive to the IAP in many perspectives because they want strong and rigid background of insurance industry that’s why they support companies to protect states, welfare of the insurance and common interests. Members support individually and collectively for states and association. All they got to do is to make this industry remarkable and noteworthy and to lavish this business from all aspects.
IAP has to support its members from all perspectives of technical and nontechnical matters. IAP provides special help to its members in all king of technical and nontechnical matters for both national and ineternational matters. IAP is authorized and recognized by Ministry of commerce and also a member of faderation of Paksitan chamber and commerce. The foreign cooperations of IAP are expanded to fire protection association of UK, association of british insurance and international underwriters association of London. All these relations of IAP result in sharing on mass level the important enternational expenses and it helps in receiving the advanced and updated technical and non technical achievements from all over the world. To walk with the advancement its necessary to cooperate with foreign countries and have good faith for better future ahead.
As far as local concerns IAP have associations with many federal and government institutions just like SAARC chamber of commerce, national fire protection association, Pakistan insurance association, federation of Pakistan chanmber of commerce and association industries. All these concerns to the federal and government institutions result in popularity and trust of this company to the people and all check and balance that a company needs is always beneficial.
Executive committee runs all the afairs of this institution annually. All committee members select chairman and vice chairman themselves. All ehtese elections of different posts are for one year, the person who becomes chairman acts as EX-officio member of EC for a year. Goals of IAP are lavishing the future of individuals in every field of life. Their vision statements about all these perspectives are nutral and fruity. Any issue that have to be resolved will involve many committee members of technical and executive committee. Both these committees work hard for the improvement and standards of this insurance company. Tahts all their work that have made this institution remarkable in the world of insurance and dynamic accelerator will increase it exponentially. The company have all different types of insurance plans from all perspectives of life. its pride of honor that a program related to MBA insurance and risk management at HAILAY college was introduced in University Of Punjab. This program is now expanded to BBA honors and regular MBA has its same discipline.
All the companies member of IAP are supportive to IAP but it depends how much premiums they are paying. If they have larger companies they support much more and smaller companies support comparatively lesser. All these companies are supportive to the IAP in many perspectives because they want strong and rigid background of insurance industry that’s why they support companies to protect states, welfare of the insurance and common interests. Members support individually and collectively for states and association. All they got to do is to make this industry remarkable and noteworthy and to lavish this business from all aspects.
IAP has to support its members from all perspectives of technical and nontechnical matters. IAP provides special help to its members in all king of technical and nontechnical matters for both national and ineternational matters. IAP is authorized and recognized by Ministry of commerce and also a member of faderation of Paksitan chamber and commerce. The foreign cooperations of IAP are expanded to fire protection association of UK, association of british insurance and international underwriters association of London. All these relations of IAP result in sharing on mass level the important enternational expenses and it helps in receiving the advanced and updated technical and non technical achievements from all over the world. To walk with the advancement its necessary to cooperate with foreign countries and have good faith for better future ahead.
As far as local concerns IAP have associations with many federal and government institutions just like SAARC chamber of commerce, national fire protection association, Pakistan insurance association, federation of Pakistan chanmber of commerce and association industries. All these concerns to the federal and government institutions result in popularity and trust of this company to the people and all check and balance that a company needs is always beneficial.
Executive committee runs all the afairs of this institution annually. All committee members select chairman and vice chairman themselves. All ehtese elections of different posts are for one year, the person who becomes chairman acts as EX-officio member of EC for a year. Goals of IAP are lavishing the future of individuals in every field of life. Their vision statements about all these perspectives are nutral and fruity. Any issue that have to be resolved will involve many committee members of technical and executive committee. Both these committees work hard for the improvement and standards of this insurance company. Tahts all their work that have made this institution remarkable in the world of insurance and dynamic accelerator will increase it exponentially. The company have all different types of insurance plans from all perspectives of life. its pride of honor that a program related to MBA insurance and risk management at HAILAY college was introduced in University Of Punjab. This program is now expanded to BBA honors and regular MBA has its same discipline.
