Slide 1

Powerpoint TemplatesPage #Powerpoint Templates

Presentation TopicEASTREN FEDERATION UNIONIcT is Emerging Technology in Insurance SectorPowerpoint TemplatesPage #Team Members Nauraiz AbbasMi10MBA030 Kashif Naeem HashmiMi10MBA043 M. Waseem AnwarMi10MBA042 M. Arslan SaeedMi10MBA028 Waqar Ali JavedMi10MBA054

Powerpoint TemplatesPage #Flash Back

In 1932, Mr. Ghulam Mohammad established Eastern Federal Union Insurance Company (EFU) Mr. Abdur Rehman Siddiqui became the founder chairman.

The company was originally registered at Kolkata and operated in India (undivided) and Burma.

In 1947, In Pakistan, EFU rapidly established itself as a progressive and innovative insurer. It gave the emerging insurance industry the leadership, the manpower and the drive needed to grow in a situation where at one time, three-fourths of insurance was held by foreign companies.Powerpoint TemplatesPage #4EFU Branch Map Province wise

01320725Powerpoint TemplatesPage #Branch Details City WiseSr. NoName of CityNo. of branches1Karachi232Hyderabad13Sukkur14Lahore155Multan86Faisalabad27Sargodha18Sahiwal19Dera Ghazi Khan110Vehari111Goth Machi112Rahim Yar Khan113Quetta114Peshawar315Abbotabad216Mardan1TOTAL63Powerpoint TemplatesPage #Powerpoint Templates

EFU PRODUCTS & SERVICES

Powerpoint TemplatesPage #

Insurance Products & ServicesAVIATION MARINE

MARINE CARGO MARINE HULL Construction Risks PERSONAL ACCIDENT GROUP PERSONAL ACCIDENT PERSONAL ACCIDENT COVER FOR INDIVIDUAL PERSONS FAMILY PACKAGE GIVES A DISCOUNT WHEN THE WHOLE FAMILY BUYS ONE POLICY

Powerpoint TemplatesPage #Products & ServicesWorkmen's compensation Travel insuranceLiability insurance Public liability insurance Fidelity guarantee Money insurance cash in transit / cash in safe insurancePlate glass insurance Burglary

Powerpoint TemplatesPage #Products & Services

CREDIT CARD INSURANCE COMPUTER CRIME INSURANCE PROPERTY ENGINEERING CONSTRUCTION ALL RISKS INSURANCE: MACHINERY INSURANCE: ELECTRONIC EQUIPMENT INSURANCE: RISK MANAGEMENT

Powerpoint TemplatesPage #Powerpoint Templates

I(C)T PRESPECTIVE

Powerpoint TemplatesPage #IcT Applications in EFU EFU General Insurance Ltd has selected the Sun Oracle Database Machine to modernize its IT systems and serve as the underlying data and storage infrastructure for its new insurance application.

Oracle Insbridge Rating and Underwriting system is used for product management, premium calculation & underwriting rules management.

Online Insurance systemResearch & Development

Powerpoint TemplatesPage #Powerpoint Templates

Financial Analysis using IcT Techniques

Powerpoint TemplatesPage #Financial Highlights (Contd)Powerpoint TemplatesPage #Financial Highlights (Contd)Powerpoint TemplatesPage #Financial Highlights (Contd)Powerpoint TemplatesPage #IT Tools used in the Project MS PowerPoint PresentationMS ExcelTabulation & Graphs MS WordProject ReportMicrosoft PaintImage Editing

Powerpoint TemplatesPage #Powerpoint Templates

ConclusionRapid increase in turnover of Insurance Industry due to IcTIt made the risk assessment and underwriting procedures much easierIcT played a vital role in Speed & Accuracy in underwritingTime saving in claims handlingDecrease in overhead cost of Insurance industryThis project helped us to understand the basic IT techniques

Powerpoint TemplatesPage #Powerpoint Templates

THE ENDCast : Nauraiz AbbasDirected by: Kashif NaeemProduced by: Waseem AnwarSpot boys : Arslan Saeed & Waqar Ali

Powerpoint TemplatesPage #