The Institute of Chartered Accountants of Pakistan (ICAP) signed a Memorandum of Understanding (MoU) with IGI Insurance Ltd for motor vehicle insurance cover. The MoU is signed by Razi Khan, Executive Director, ICAP and Awais Ahmed, Assistant General Manager, IGI Insurance Ltd at ICAP Lahore.
Institute of Chartered Accountants of Pakistan, the premier accountancy body in Pakistan, has contributed immensely to the success and growth of the accountancy profession in Pakistan and has played a pivotal role in the growth of economic and business sectors of the country for the past many years. ICAP members are currently working at the highest echelons of public and private sectors both locally and internationally.
IGI is a public listed general insurance company (KSE: IGIIL) founded in 1953. Being part of the Packages Group, IGI is the largest insurance company by market capitalization. Headquartered in Karachi, IGI has offices in 8 cities nationwide and offers a wide range of general insurance products including Fire, Motor, Marine, Travel etc.
This MoU recognizes the clout of ICAP members and its affiliates. Through this, the members of ICAP and their spouses, Professional Firms, Professional Accounting Affiliates and staff of ICAP can avail the motor insurance and tracker facility on discounted rate all across Pakistan.