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

Jubilee General Insurance Co. Ltd. (JGI) has introduced the Resilience Rewards Program, an innovative scheme aimed at acknowledging long-standing clients who demonstrate strong risk resilience through safety, risk mitigation and business continuity. This initiative underscores JGI's commitment to being a reliable risk partner, offering support not only during loss events but also in proactive measures such as safety engineering, loss prevention and disruption reduction.

Clients who qualify for the reward will be recognized for their adherence to stringent risk standards and proactive implementation of safety measures, including fire protection, machinery safeguarding and fortification against Natural Catastrophe (NatCat) events. The eligibility criteria hinge on each organization's documented history of resilience and the consistent application of risk enhancement suggestions provided by JGI's Risk Management team throughout their partnership.

Azfar Arshad, Managing Director & CEO of JGI, emphasized, "As Insurers we need to view investments in strengthening resilience not merely as a service to customers, but as a strategic tool for business continuity and long-term sustainability." He further added, "By assisting clients in investing in risk prevention, mitigation and resilience, we aid businesses in curbing both the frequency and severity of losses while simultaneously safeguarding our financial stability."

The Risk Management Department at JGI, composed of qualified engineers specializing in safety and fire protection, carries out thorough risk assessments to pinpoint potential risks within clients' premises and delivers customized recommendations aligned with their operational needs. Through sustained interaction with clients, the Risk Management team facilitates the practical implementation of risk mitigation strategies and aids organizations in fortifying their risk management and resilience frameworks.

This program cements JGI's proactive stance in insurance, amalgamating engineering proficiency, enduring partnerships, and anticipatory risk management to assist businesses in becoming safer, better prepared, and more resilient.