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Habib Metro Bank, TPL Life Insurance sign MoU to assist employee, customers

KARACHI: Habib Metro Bank on Tuesday signed an agreement with TPL Life Insurance Limited for exclusive complimentary insurance cover for its employee and customers.

Habib Metro Work caters to the Bank’s employee banking customer segment and provides institutional clients (and their staff) with tailored solutions to meet their collective banking needs.

At the signing ceremony, Group Executive Retail Banking, Ahmed Shah Durrani said, “We are excited to embark upon this initiative with TPL Life. We will continue to strengthen our retail product suite with innovative and rewarding solutions to add value for our customers,” he added.

On the occasion, CEO – TPL Life, Faisal Abbasi said, “This partnership is the result of our commitment to continuously innovate and provide easy access to insurance solutions for diverse customer segments in Pakistan. We believe quality insurance products clubbed with simple processes are vital to insurance penetration in the country,” he added.

HBZ provides banking services in 10 countries around the world (Switzerland, UK, UAE, Pakistan, Canada, Hong Kong, South Africa, Kenya, and rep offices in Bangladesh, China, and Pakistan). The Group, which is incorporated in Switzerland, completed 50 years of operations in 2017.

Habib Metro Bank is a subsidiary of Habib Bank AG Zurich in Pakistan. It is one of the leading trade finance banks in the country and operates with over 419branches in 142 cities of Pakistan.

TPL Life Insurance Limited is a subsidiary of TPL Corp, which has diversified investments across multiple business segments. TPL Life strives to lead in InsurTech, catering to Pakistan’s Life and Health insurance needs by offering cutting-edge Insurance solutions.

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