EFU General Insurance Ltd
Mr. Mohammed Iqbal Mankani is a veteran of the insurance industry both in Pakistan and the United Arab Emirates and has spent fifty years in insurance. He started his career with Eastern Federal Union Insurance Co. in 1968 as Junior Officer. In 1970 he helped set up the first Branch of EFU in SITE Karachi.
Mr. Mankani was sent on deputation in 1975 to Credit & Commerce Insurance Co. Dubai, a joint venture of EFU where he worked in various Senior Positions.
In 2001, Mr. Mankani was requested by the Executive Office of His Highness, Ruler of Dubai and Dubai Islamic Bank to help set up the first local Takaful company Dubai Islamic Insurance & Reinsurance Co and joined them as General Manager. On behalf of this company, Mr. Mankani helped set up a Takaful company in Kuwait, Boubyan Takaful Insurance in 2009. He was also a Board Member of Amity Health, a joint venture between Dubai Islamic Insurance and AGILITY Health of South Africa. He remained with Dubai Islamic insurance as the General Manager and Chief Operating Officer until 2012. He then set up his own Consulting Company M.I.M. Business Consultants in Dubai as Consultants to Dubai Airports Authority for a period of two years helping them with their insurance program until 2014. He later moved to Canada in 2015.
Mr. Mankani is a qualified Director of Education in Corporate Governance and is a frequent speaker at seminars and also advises various companies on the subject of Corporate Governance with particular interest in family-owned businesses.
Mr. Mankani has been part of the UAE Insurance industry for the last 44 years and has twice been elected member of the UAE Insurance Business Group under the Dubai Chamber of Commerce representing the Takaful industry until 2012. He was instrumental in training and introducing UAE Nationals into the Insurance industry through frequent lectures in the Emirates Institute of Finance and Banking in Sharjah.
He has been a frequent speaker at many insurance seminars in Barcelona (Spain), Malaysia, Bahrain and UAE. Mr. Mankani is an active member of the Canadian Business Council in Dubai, Institute of Insurance and Risk Management Canada and Canadian Marketing Association.
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EFU General Insurance Ltd
EFU General Insurance Limited is engaged in providing insurance services to commercial and individual clients. The Company operates through four segments: fire and property damage; marine, aviation and transport; motor, and miscellaneous. Its portfolio includes businesses ranging from simple residential property to large industrial risks, including oil and gas exploration/development, petrochemicals and other industrial risks. Marine, Aviation and Transport class of business provides coverage against loss and damage to goods in transit by means of conveyance, physical loss or damage to aircraft, ships and liabilities to third parties and passengers arising from their use. Motor insurance covers physical loss or damage to the vehicle and liabilities to third parties. All other insurances, including cash in hand, cash in transit, personal accident, infidelity, public liabilities, health, crop, livestock, travel and workers compensation are included under Miscellaneous Insurance cover.