Wafaqi Mohtasib Ejaz Ahmad Qureshi said that Pakistan was among the few countries in the world which had a unique distinction of establishing a dedicated insurance ombudsman institution which offered a sound oversight mechanism for judicious protection of the interests of various stakeholders.
\nHe was addressing an international webinar organized by the Asian Ombudsman Association (AOA) in cooperation with the Wafaqi Mohtasib Secretariat at Islamabad today.<\/p>\n
Ejaz Ahmad Qureshi is the current President of the Asian Ombudsman Association (AOA), which is a 47-member strong non-political, professional body of ombudsman institutions in the Asian region.<\/p>\n
Addressing the participants Ejaz Ahmad Qureshi said, \u201cThe commitment to the protection and promotion of human rights is a corner stone of the country\u2019s Constitution. Pakistan has ratified several human rights instruments on the subject and is committed to achieving the collective aspirations of the internationally recognized human rights regime.\u201d
\nHe referred to the Guiding Principles on Business and Human Rights as endorsed by the UN Human Rights Council and underlined the need to address the adverse human rights impact resulting from the business activities.
\n\u201cThe institution of the Federal Insurance Ombudsman (FIO), therefore, has a significant role in promoting and protecting the best standards of business practices in the insurance industry,\u201d he added.
\nLater, Mumtaz Ali Shah, Federal Insurance Ombudsman (FIO) made a presentation on the mandate and the scope of work of the institution which was established under the Insurance Ordinance 2000.<\/p>\n
He said, \u201cFIO offers a sound oversight mechanism based on contemporary and equitable principles and takes cognizance of maladministration in the insurance industry of Pakistan.\u201d
\n\u201cInstitution since its inception is providing free and expeditious relief to the aggrieved citizens at their doorsteps,\u201d he added.
\nThe Webinar is intended to share Pakistan\u2019s experiences, best practices and the exchange of knowledge on the framework of Insurance Ombudsman\u2019s institution with the ombudsman fraternity in the Asian region and beyond.
\nThe Webinar was attended by over one hundred participants representing Asian Ombudsman Association (AOA), OIC Ombudsman Association (OICOA), various insurance regulatory bodies and commissions working in different countries.
\nIt was also attended by a large number of insurance companies in the country and representatives of the specialized ombudsman institutions in the field of Banking, Taxation as well as other stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"
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