Khaama Press, a leading Afghan news agency firm signed a contract with the Insurance Corporation of Afghanistan, the first privately-owned insurance company in the country to cover its employees against any potential risks and accidents.
The Khaama Press News Agency is the second local media agency in Afghanistan that buys insurance coverage for its employees in addition to other benefits employees receive.
Moby was the first media group that announced purchasing insurance coverage for its employees in June 2019.
Khushnood Nabizada, the CEO of Khaama Press addressing in the signing ceremony said that as a result of an organizational risk management assessment, the company’s management has decided to provide insurance coverage for its employees in order to meet international job market standards and as well as give peace of mind to its employees as an additional benefit.
“Journalists and soldiers in Afghanistan are both in front lines bearing a high risk of losing life or body parts in any accidents, war or terrorism acts, we decided to obtain a ‘Group Personal Accident Insurance Policy’ from a reliable and A-rated insurance company in order to provide peace of mind for employees so they are sure in case of loss themselves or their families will receive compensations,” Khushnood Nabizada said.
Afghanistan media agencies have so far lost dozens its employees due to war, explosions and insurgency operations.
ICA is pleased to be the partner of choice to one of the leading news agencies, Khaama Press, who does believe that human capital is the most important asset of their business in line with international best practices, Jamal Asfour, the CEO of Insurance Corporation of Afghanistan said during the signing ceremony.
“Khaama Press is one of the very few companies adopting Employee Benefits in their HR guidelines and we shall continue our efforts to establish further awareness to all other companies operating in the country,” told Jamal.
“It’s worth mentioning that ICA deals with top-rated reinsurers and will be there for their business partners with unmatched solutions whenever required,” Jamal added.
This comes as most organizations in Afghanistan are reluctant to add ‘insurance’ costs to its annual budgeting program because of no legal instructions by the government.