Jubilee General launches Resilience Reward Program to advance risk prevention and business resilience

Jubilee General Insurance Co. Ltd. (JGI) has introduced the Resilience Reward Program, a unique initiative aimed at acknowledging clients who have demonstrated exceptional commitment to risk prevention, business resilience, and safety. This program signifies JGI's position as a dependable risk partner, collaborating with businesses not only during loss events but also aiding them in implementing safety measures, loss prevention strategies, and enhancing overall resilience against potential disruptions.

Clients who qualify for this reward will be commended for maintaining robust risk standards and consistently executing measures that safeguard vital resources such as human life, fire safety, machinery, and boosting resilience against Natural Catastrophe (NatCat) events. The selection process is determined by each organization's documented history of resilience and their ongoing adherence to risk mitigation advice provided by Jubilee General’s Risk Management team throughout the years.

Azfar Arshad, Managing Director & CEO of JGI, emphasized the importance of viewing investments in resilience enhancement not just as a customer service, but as a strategic element contributing to business continuity and long-term sustainability. He further explained, "By assisting clients in investing in risk prevention, mitigation, and resilience, we help businesses lower the incidence and intensity of losses and concurrently safeguard our balance sheet."

The Resilience Rewards Program showcases Jubilee General's proactive approach to insurance, integrating engineering proficiency, trusted relationships, and forward-thinking risk management. This initiative enables businesses to become safer, better prepared, and more resilient through the collaboration of the Risk Management Department, which is comprised of qualified engineers specializing in safety, fire protection, and risk assessment.

Through continuous interaction with clients, the team carries out thorough risk evaluations to recognize potential inherent and residual risks and extends personalized recommendations that align with the distinct operational requirements of each organization.