In its milestone 25th year of operation, leading insurer,
The Company's post-tax profits stood at
'During our 25th milestone year, we truly witnessed the benefits of our strategic shift of returning to our roots with a singular focus on Life Insurance. Steered mainly by innovation and our customer driven approach, the company embarked on a steady path of growth within the year 2019. However, 2020 will be an exceptionally challenging year for the economy due to the unprecedented impact of the COVID-19 pandemic. The safety and well-being of our community is our priority and it is crucial that we comply with the government regulations and take necessary precautionary measures as advised, to prevent further spread of the virus,' commented
'Health and safety of our employees, customers, and community are of paramount importance especially with this unforeseen global crisis of COVID-19 impacting us all. We assure you that we are committed to empower and support our communities in these challenging times. With our enhanced digital capabilities implemented in 2019, we have activated several online alternatives to ensure safety and convenience of our customers in this time of need. Further, we have also extended our policy riders to cover all our life customers on claims arising due to COVID-19 in
'Furthermore, due to the prevailing situation and the decline in economic activity we have revisited our business strategies to counter COVID-19's economic implications. As a purpose driven insurer, we remain committed to uplift the lives of our community and to support each other to navigate this prevailing emergency situation of health and economic challenge posed by COVID-19 pandemic,' commented
Over quarter of a century, Janashakthi Life continued on a robust journey of growth, becoming a trusted insurance partner and a household name in
© Pakistan Press International, source