The Securities and Exchange Commission of Pakistan will host the next session of its SECP Talk Series focused on inclusive insurance, bringing in an international expert to discuss how insurance can be made more accessible, relevant, and sustainable for underserved communities. The session is centered on exploring practical approaches, emerging ideas, and international perspectives on building insurance markets that reach populations typically left out of formal coverage.
The featured speaker for the session is Michael J. McCord, Managing Director of the MicroInsurance Centre at Milliman, an organization known for its work on microinsurance and inclusive insurance models globally. Bringing in an internationally recognized specialist gives the session a comparative angle, allowing participants to hear how other markets have approached the challenge of designing insurance products that work for lower-income and underserved segments, rather than limiting the discussion to Pakistan’s own experience alone.
Inclusive insurance has been a recurring theme in SECP’s broader regulatory push, given that insurance penetration in Pakistan has remained low relative to the size of the population and the economy for an extended period. Sessions like this one are typically used to surface practical design considerations, such as pricing structures, distribution channels, and product simplicity, that make insurance more viable for communities with limited disposable income or irregular earnings, areas where conventional insurance products often struggle to gain traction.
Those interested in attending have been asked to register by reaching out to mateen.abbasi@secp.gov.pk, following the same registration process SECP has used for previous sessions in its Talk Series. No specific date, time, or venue for the session was included in the announcement, and it remains to be seen whether the discussion will lead to any specific policy proposals from SECP or simply serve as a platform for sharing perspectives on inclusive insurance design.
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