Jubilee Life Partners with Unikrew to Enable MBVS Compliant Digital Insurance Onboarding

Jubilee Life Insurance has partnered with Unikrew Solutions to enable a Multi-Biometric Verification System (MBVS)-compliant digital insurance onboarding solution, introducing biometric-based identity verification into the customer onboarding process. The collaboration brings together Jubilee Life’s focus on digital insurance and customer experience with Unikrew Solutions’ expertise in digital identity and biometric technologies. The initiative is designed to support remote identity verification while reducing reliance on conventional manual verification procedures. According to the companies, the solution is aligned with NADRA’s MBVS compliance standards and is intended to make digital insurance onboarding more secure and accessible for customers. The development comes as financial services providers in Pakistan increasingly adopt digital identity technologies to support remote customer journeys and meet identity verification requirements.

Under the partnership, the digital onboarding solution will incorporate camera-based fingerprint acquisition and facial biometric verification for remote identity checks. These capabilities are intended to allow customers to complete key parts of the insurance onboarding process digitally, while providing additional mechanisms for confirming identity. The use of biometric verification can also reduce the need for customers to depend on physical visits or manual identity checks during onboarding. For Jubilee Life, the collaboration forms part of its broader digital transformation efforts, with the company seeking to improve customer accessibility, operational efficiency and service delivery through technology. Jubilee Life’s existing digital services already include online policy management and online insurance-related services, while its recent corporate reporting has identified further digitalisation of customer engagement as an area of focus.

Javed Ahmed, Managing Director and CEO of Jubilee Life Insurance, said the collaboration would support the company’s efforts to improve the digital onboarding journey through secure and compliant biometric verification. He noted that technology is changing how customers access financial services, including insurance, and said the partnership with Unikrew would make the onboarding process more seamless and accessible. Muhammad Naveed Sharif, CEO of Unikrew Solutions, also welcomed the collaboration, describing the initiative as a move toward secure customer onboarding, digital trust and regulatory compliance in Pakistan’s insurance sector. Unikrew provides digital identity, digital onboarding and related financial technology solutions, including in-app fingerprint acquisition, facial matching and video KYC capabilities.

The partnership highlights the growing role of digital identity infrastructure in Pakistan’s insurance and wider financial services sectors. Biometric verification can help insurers conduct identity checks remotely while supporting compliance requirements and reducing dependence on paper-based or in-person processes. For customers, digital onboarding can make it easier to access insurance services without completing every stage of registration through traditional channels. Jubilee Life has previously outlined digital transformation as an important part of its strategy, including efforts to increase digital-originated premiums and improve digital customer engagement. The new collaboration with Unikrew adds biometric verification to these efforts and provides the insurer with technology for more digitally enabled customer onboarding. As insurance providers continue to expand online services, partnerships involving digital identity and biometric technologies are expected to remain relevant to the development of remote insurance journeys in Pakistan.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.

Hot this week

1LINK Onboards Star Logics for Raast P2M QR Payments Through Faysal Bank

1LINK has onboarded Star Logics as a merchant aggregator on 1GO Raast P2M services, enabling merchants to accept digital payments through static QR codes.

Meezan Bank Promotes Islamic Banking Awareness and Sustainability at Salim Habib University

Meezan Bank collaborated with Salim Habib University to promote Islamic banking awareness, showcase consumer finance solutions, and encourage environmentally responsible practices.

Markup Valley Becomes SUNRATE Channel Partner to Support Global Business Payments

Markup Valley has become an official channel partner of SUNRATE, aiming to provide cross-border payment solutions to businesses operating in global markets.

Young Minds Forum Announces Startup Finance Workshop for Entrepreneurs at Bahria University Islamabad

Young Minds Forum will host a Startup Finance 101 workshop on October 20, 2026, featuring Ibtisam Babar of ABHI Microfinance Bank.

SECP Creates Corporate Intelligence Unit to Identify Ponzi Schemes and Unlicensed Financial Activities Across Pakistan

SECP has approved a Corporate Intelligence Unit to identify suspected financial fraud, monitor public information and protect investors from illegal schemes.

Topics

1LINK Onboards Star Logics for Raast P2M QR Payments Through Faysal Bank

1LINK has onboarded Star Logics as a merchant aggregator on 1GO Raast P2M services, enabling merchants to accept digital payments through static QR codes.

Meezan Bank Promotes Islamic Banking Awareness and Sustainability at Salim Habib University

Meezan Bank collaborated with Salim Habib University to promote Islamic banking awareness, showcase consumer finance solutions, and encourage environmentally responsible practices.

Markup Valley Becomes SUNRATE Channel Partner to Support Global Business Payments

Markup Valley has become an official channel partner of SUNRATE, aiming to provide cross-border payment solutions to businesses operating in global markets.

Young Minds Forum Announces Startup Finance Workshop for Entrepreneurs at Bahria University Islamabad

Young Minds Forum will host a Startup Finance 101 workshop on October 20, 2026, featuring Ibtisam Babar of ABHI Microfinance Bank.

SECP Creates Corporate Intelligence Unit to Identify Ponzi Schemes and Unlicensed Financial Activities Across Pakistan

SECP has approved a Corporate Intelligence Unit to identify suspected financial fraud, monitor public information and protect investors from illegal schemes.

Pakistan and Mashreq Bank Explore Digital Finance, Financial Inclusion, and Potential Further Panda Bond Issuances

Pakistan and Mashreq Bank have discussed digital banking, financial inclusion, blockchain, Sukuk and potential additional Panda bond issuances.

1LINK and JazzSure Sign Embedded Insurance Agreement to Expand Digital Coverage Through Everyday Bill Payments

1LINK and JazzSure Insurance have signed an agreement to offer optional insurance through participating banks and billers during digital bill payments.

Faysal Bank Consumer Finance Crosses PKR 100 Billion Milestone With Secured Financing Products Driving Growth

Faysal Bank reports a PKR 100 billion consumer finance milestone, highlighting the contribution of secured financing products to its business.
spot_img

Related Articles

Popular Categories