In a groundbreaking move, Iyzil, a leading women’s safety platform, has partnered with InsurTech startup Instaful Solutions to launch Pakistan’s (and potentially the world’s) first insurance policy specifically designed to protect women against harassment and its psychological impact.
This innovative solution goes beyond physical safety, offering financial support for psychotherapy sessions to help women cope with the emotional trauma of harassment. Aligned with UN Sustainable Development Goal 5 on gender equality, the initiative aims to reshape societal norms and empower women.
“This partnership signifies our unwavering commitment to women’s safety and well-being,” stated Kashif Mueen, CEO of Iyzil. “By leveraging technology and insurance, we can create a support system that empowers women in Pakistan and globally.”
Rehan Butt, CEO of Instaful, echoed the sentiment, highlighting the importance of accessibility and affordability in making insurance a viable tool for women’s empowerment. Together, Iyzil and Instaful are pioneering a new standard in women’s safety and well-being, paving the way for a more inclusive future.
