PESHAWAR: The Sarhad Chamber of Commerce and Industry and Jubilee General Insurance Company Limited have entered into a partnership to facilitate members under the “Dukan Hifazat” initiative.
In this regard, a Memorandum of Understanding (MoU) signing ceremony was held during a meeting chaired by SCCI President Junaid Altaf here at the Chamber House on Thursday.
Senior vice president of the chamber Muhammad Nadeem and CEO of Jubilee General Insurance Asfar Arshad signed the MoU, aiming to offer insurance facilities of business premises for Small and Medium Enterprises (SMEs).
Farwa Aqeel, an official of the jubilee insurance, briefed the audience on the “Dukan Hifazat” programme, its benefits, procedures and registration methods.
President Junaid Altaf welcomed collaboration with Jubilee Insurance and highlighted the significance of the strategic partnership under the “Dukan Hifazat” initiative.
The SCCI chief urged Jubilee Insurance to simplify procedures, enhance the value of the premium and extend the initiative from small-scale businesses to large-scale manufacturing units.
Earlier, the CEO of Jubilee Insurance, Asfar Arshad, told the audience that the product would have minimum cost, and it would provide decent protection.
He urged the KP business community to derive full benefit from the new product.
The CEO said the initiative would be expanded to large-scale businesses in the light of the Sarhad Chamber recommendations.
Copyright Business Recorder, 2026