Insurance

Pakistan’s Insurance Sector Sees Growth in 2024 with Strong Gains in Life and Non-Life Premiums

Pakistan’s insurance sector recorded strong growth in 2024 with life and non-life premiums rising, digital insurance nearly doubling, and millions of new policies issued across the country.

Jubilee General Insurance partners with Smartchoice to expand digital access to Parents Care Plus health plan

Jubilee General Insurance has partnered with Smartchoice, Pakistan’s leading digital insurance marketplace, to distribute its new Parents Care Plus health insurance product with built-in OPD coverage. The collaboration marks a milestone in digital insurance accessibility, expanding healthcare protection for families across Pakistan while setting new benchmarks in innovation and customer-centric insurance solutions.
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JazzCash and EFU Life roll out Pakistan’s first fully digital insurance solution

JazzCash and EFU Life have launched Pakistan’s first fully digital insurance solution, offering instant policy purchase, real-time servicing, and rapid claims through multiple digital platforms. The initiative aims to boost financial inclusion and transform the insurance landscape in Pakistan.

SECP Unveils Flagship Report on Insurance as a Social Security Tool in Pakistan

SECP has launched a major report titled “Insurance as a Tool of Social Security,” highlighting gaps in Pakistan’s coverage and proposing a five-pillar roadmap for reform. The initiative focuses on legal strengthening, inclusion of informal workers, and integration with social safety nets.

SECP Registers DIGI Insurance as Pakistan’s First Digital-Only Non-Life Insurer

SECP registers DIGI Insurance Limited to operate as Pakistan’s first digital-only non-life insurance company, advancing innovation in the insurtech sector and setting a new benchmark for digital financial services.

Ozoned Digital CEO to Address IT-Driven Insurance Distribution at EIPCP Awareness Meetup 2025

EIPCP announces Nomaan Bashir, CEO of Ozoned Digital, as keynote speaker for the 2025 Insurance Awareness Day Meetup in Lahore. The event will focus on the role of IT in reshaping insurance distribution in Pakistan.

Digi Insurance Becomes Pakistan’s First Fully Digital Non-Life Insurer with SECP License

Digi Insurance Limited secures Pakistan’s first-ever digital-only non-life insurance license from SECP, pioneering a paperless, AI-driven insurance experience designed for financial inclusion and nationwide accessibility.

SECP Grants Pakistan’s First Digital-Only Non-Life Insurance License to Digi Insurance

SECP grants Pakistan’s first digital-only non-life insurance license to Digi Insurance Limited, marking a significant leap in insurtech and financial inclusion with 100 percent online services and enhanced accessibility.