Eastern Federal Union Insurance Company Ltd Report Writing

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                             REPORT WRITING

     SUBMITTED BY,

     Salman Ahmed (Group Leader)

      Anam Khalid

Hammad Nadeem

Imran Sarfaraz

Maheen Rizwi

Musab Siddiqui

Ammar Akram

Hina Mumtaz

                                                                             SUBMITTED TO,

                                                                             Ma’am Rubina Ubaid

                                    INDEX

Introduction……………………………………………………………………..03

Importance of Professional Writing on the Job………………………………....07

Problems occur during communicating with other Nations………….................09

Forms of Oral Communication used in Organization…………………………..10

            Technology affecting the Communication patterns of Professionals…………...11

            Importance of Writing for Career Advancement……………………………….11

            Time spent for working with others to Plan and Write Documents………….....12

            Type of Writing required for the Work…………………………………………13

            Importance of communication in public image…………………………………13

            Marketing of policies or products……...……………………………...………..14

            Communication Hierarchy……………………………………………………...14

            Conclusion……………………………………………………………………...16

Introduction:

In the early 30s, under the inspiration of Quaid e Azam Mohammad Ali Jinnah. Insurance companies along with shipping and airline industries made their debut.

In 1932 in Calcutta, Mr. Ghulam Mohammad who later became Governor General of Pakistan, established an insurance company with H.H. Agha Khan and H.H. Nawab of Bhopal. The company was named Eastern Federal Union Insurance Company Ltd (EFU). It was registered in Calcutta and operated in undivided India and Burma. Its business was both General and Life Insurance.

At the time of independence of Pakistan in 1947, EFU (as the company was called) found a new country and rapidly established itself as a progressive and innovative insurance company. It provided the emerging insurance industry, the leadership, the manpower and the drive needed to grow in a situation where at that time three-fourths of insurance business was held by foreign companies.

The life industry was opened to the private sector and EFU Life was born in 1992. Mr. Roshan Ali became the Chief Executive Officer and under his leadership EFU Life became the largest private sector life insurance company in Pakistan.

Vision and Mission:

The vision of EFU Life Insurance is to make most respected and successful financial services organization in the world. Their strategy to achieve the vision is, to build core capabilities, serve clients beyond their expectations and corporate with the customers.

To accomplish their mission:

1. EFU work together as a team
2. Continually improve client service
3. Create an empowered and self-fulfilling culture
4. Develop innovative products
5. Adopting leading technology

Success Story:

In 1994, launch of individual life business unit linked products for first time in Pakistan. In 1998, EFU Life became ISO certified, 1st in the Insurance sector. In 2002, first private life insurance company to distribute profits to shareholders, completed 10 years of successful operations.

In 2006, client servicing call center launched which managed growth fund’s NAV crossed Rs. 5 Billion. In 2007, EFU Life Insurance was the 1st life insurance company to have an IFS rating A+. In 2008, IFS grading upgraded to AA-.

In 2010, EFU Life Insurance Company, paid up capital increased to Rs. 850 million (highest in the private life insurance sector). In 2011, EFU Life Insurance Company introduced PRIMUS (specialized service focused on high net worth clients).

In 2011, EFU Life Insurance Company achieved milestone of Rs. 10 billion gross premium. In 2012, Point of sales system launched which Managed Growth Fund’s NAV crossed Rs. 30 billion.

Company’s Information:

• CHAIRMAN:

• Rafique R. Bhimjee

• MANAGING DIRECTOR & CHIEF EXECUTIVE:

• Taher G. Sachak

• DIRECTORS:

• Saifuddin N. Zoomkawala
• Jahangir Siddiqui
• Muneer R. Bhimjee
• Hasan Ali Abdullah
• Heinz Walter Dollberg
• Syed Salman Rashid
• Kamal Afsar

• EXECUTIVE DIRECTORS:

• Mohammad Ali Ahmed
• S. Shahid Abbas
• Zain Ibrahim

• MEDICAL DIRECTOR:

• Dr. Tajuddin A. Manji

• DEPUTY GENERAL MANAGERS:

• Arshad Iqbal
• Ashfaque Ahmed

• ASSISTANT GENERAL MANAGERS:

• Adeel Ishaque
• Aman Hussain
• Dr. Naila Salman
• Mohammad Asim Khan
• Mohammad Faisal
• S. Mohammad Owais

• CHIEF MANAGERS:

• Dr. Ali Murtaza Khan
• Evelyn D. Abrogema
• Fawad Habib
• Hasan Sheikh
• Rehan Siddiqui
• Nilofer Sohail

• SENIOR MANAGERS:

• Abida Hasan Ali
• Ammar Qamar
• Asim Maqbool
• Burhan Zahid Chugtai
• Dr. Asad ul Hadi Siddiqui
• Fahad Saif uddin Syed
• Mariyam Ahmed
• Mohammad Abbas
• Mohammad Zubair
• Naseeruddin Ahmed
• Mohammad Amr
• Muhammad Athar
• Sajjad Husain Khan

• MANAGERS: 

• Akbar Husain Qazilbash
• Ameer Abbas Mohammadi
• Ann Aonica Zenobia
• Dr Ammara Moazzum
• Faisal ZahirFarah Mushtaq
• Farrukh Kidwai
• Irfan Abbas Hameer
• Irfan Junejo
• Irfan Qadir Malik
• Jibran Masood Khan
• Jawaid Mughal
• Rafi Malik
• Madiha Farid
• Majid Aziz
• Mohammad Danish
• Mohammad Faisal
• Mushtaq Ali
• Ramesh Kumar
• Abdul Mujeeb
• Sajid Mahmood Butt
• Sheikh Irfan Zafar
• Usman Lodi
• Wasim Qaiser

• CORPORATE SECRETARY:

• Syed Shahid Abbas

• LEGAL ADVISOR:

• Mohammad Ali Saveed

• SENIOR ADVISOR:

• S. M. Baqar Naqvi

• AUDIT COMMITTEE:

• Mr. Hasanali Abdullah (Chairman)
• Mr. Saifuddin N. Zoomkawala
• Mr. Muneer R. Bhimjee
• Mr. Kamal Afsar

• REINSURANCE COMMITTEE:

• Taher G Sachak
• Omer Morshed
• Mohammed Ali Ahmed
• S. Abdul Moiz
• Ghayas Hassan

• HR REMUNERATION COMMITTEE:

• Rafique R. Bhimjee
• Saifuddin N. Zoomkawala
• Taher G Sachak

Importance of Professional Writing on the Job:

Good writing skills are important when your job involves writing. If you are employed for your writing skills, having “good” writing skills is a job requirement. Any time a profession requires written communication, writing skills become important.

With emails, notes, letters, texts and Tweets, most people spend a fair amount of time at work communicating via the written word in EFU. Whether you are messaging a colleague, writing to your manager, or crafting the company news letter, your writing skills can boost or hinder your career easily, even if you do not have a “writing” profession. Basically, writing skills make a difference in how you come across.