Pak-Qatar
General Takaful Limited (PQGTL), a leading provider of Shariah-compliant
General Takaful solutions in Pakistan and Yousuf Dewan Group have entered into
a strategic Memorandum of Understanding to introduce a groundbreaking auto
Takaful product tailored specifically for the newly launched electric vehicle
Honri – both variants 2.0 and 3.0 – and Shehzore by the Auto Division of Yousuf
Dewan Group.
This partnership
marks a significant milestone as an auto assembler in Pakistan partners with a
dedicated General Takaful operator, offering comprehensive Takaful coverage for
electric and commercial vehicles.
The MoU,
signed by the Chairman of Yousuf Dewan Group Mr. Dewan Muhammad Yousuf and CEO
of Pak-Qatar General Takaful, Mr. Saqib Zeeshan, underscores their commitment
to innovation and customer-centric solutions in the automotive sector. The
signing ceremony was also attended by Mr. Kamran Saleem, Director, Pak-Qatar
Group, Dr. Usman Hayat, Group CEO Yousuf Dewan Group, Mr. Mehmood Arshad,
Executive Director Pak-Qatar Takaful, Ms. Saleha Hasan, Head of Marketing, Yousuf
Dewan and other senior officials from both organizations.
Mr. Saqib
Zeeshan, CEO of PQGTL, expressed enthusiasm about the partnership, "We
anticipate forming a lasting partnership with Yousuf Dewan Companies to expand
our Takaful coverage to include electric vehicles, alongside private and
commercial vehicles. This collaboration will ensure a significant milestone in
elevating motor Takaful coverage, offering comprehensive coverage for a wider
audience of vehicle owners nationwide."
Mr. Dewan
Muhammad Yousuf, Chairman of Yousuf Dewan Group, emphasized the strategic
benefits of this partnership, "We are pleased to join hands with Pak-Qatar
General Takaful to enhance customer satisfaction through motor Takaful coverage
for our electric and commercial vehicles. This partnership is a testament to
our commitment towards delivering exceptional Takaful protection and service
excellence to our valued customers."
The newly launched Honri EV by Eco Green Motors
Limited represents a pioneering leap forward in the local automotive industry,
combining advanced technology with environmental sustainability. The exclusive
auto Takaful product offered through this collaboration aims to provide peace
of mind to customers, covering various aspects including theft, damage, and
third-party liability.
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