Collaboration of services: TCS Financial Services, AsiaCare Health and Life Insurance Company sign agreement

TCS Financial Services and AsiaCare Health and Life Insurance Company on Tuesday signed an agreement related to collaboration of services between the two companies.
The agreement was signed by Gazanfar Azzam, CEO of TCS Financial Services and Dr Mahmood Mehdi Kazmi, CEO of AsiaCare. Other senior members of the management of both companies were also present on the occasion. TCS Express and Logistics has ventured into finance and insurance with the establishment of TCS Financial Services (Pvt) Limited.
The company will now sell and distribute all financial and insurance services under one brand. All TCS retail outlets will have dedicated financial desks catering to insurance and financial needs of customers. Financial services will also be provided through a dedicated sales force to act as sales and distribution agents of banks, insurance companies, asset management companies, brokerage houses, financial institutions and other bodies.
Speaking on the occasion, Gazanfar Azzam said, "In addition to offering all insurance products, our aim is to make TCS Financial Services a one-stop financial service provider which will grant solutions to a diverse range of our customer needs." AsiaCare Health and Life Insurance Company is Pakistan's first dedicated healthy care insurance company. It was established in 2009, and has launched innovative health insurance products in the Pakistani market, based on the international "Managed Care" model, with local adaptation.
Commenting on the agreement, Dr Mahmood Kazmi said, "We are looking forward to a useful and long-lasting alliance with our partner. We plan to generate superior customer awareness of our product through this collaboration with TCS Financial Services".