In the mid 30s of the twentieth century, under the motivation of the Quaid-e-Azam Mohammad Ali Jinnah, there started to show up indications of monetary renaissance of the Muslims of India. Shipping, Carrier, Managing an account and Insurance agencies made their introduction.
In 1932, Mr. Ghulam Mohammad, a far located man, set up Eastern Government Union Insurance agency (EFU) with budgetary help from the Aga Khan III and the Nawab of Bhopal. Mr. Abdur Rehman Siddiqui turned into the organizer director. The organization was initially enlisted at Kolkata.
In 1947, EFU discovered another home in another nation. In Pakistan, EFU quickly settled itself as a dynamic and imaginative guarantor. It gave the rising protection industry the administration, the labor and the drive expected to develop in a circumstance where at one time, three-fourths of protection was held by outside organizations.
By 1961, EFU had turned into the banner conveyor of Pakistan's protection industry on the world stage, and the biggest life organization in Afro-Asian nations (barring Japan) under the authority of Mr. Roshen Ali Bhimjee. It remained so until 1972 when Life Certification business in Pakistan was nationalized. From that point EFU worked singularly as a General Insurance agency, and was in this manner renamed EFU General Protection Constrained. Presently EFU General is the biggest non-life coverage organization in the nation and the mother organization of other protection associations of EFU Gathering.
Customarily the EFU name has ended up synonymous with progressiveness and brief case settlement and now the EFU being the biggest protection bunch gives a full scope of general, life and medical coverage administrations.
