Tag: EFU Life

SECP Targets Digital Transformation of Pakistan Insurance Sector Through New Digital Insurance Initiatives

SECP is targeting digital transformation of Pakistan’s insurance sector, with plans for digital verification, claims reforms and Insured Pakistan platform.

Pakistan Insurance Industry Grows Despite Low Coverage and Limited Digital Adoption Across Financial Services

Pakistan’s insurance industry has reached Rs4 trillion in assets, but insurance penetration remains at just 0.7% of GDP.

EFU Hemayah Takaful Partners With IU CEIF On Islamic FinTech

EFU Hemayah Takaful has signed a memorandum of understanding with the IU Centre for Excellence in Islamic FinTech to advance industry-academia collaboration in Takaful and Islamic finance.

IAP Partner Awards 2026 Celebrates Insurance Innovation and Strategic Cross-Sector Collaborations

The Insurance Association of Pakistan hosts the IAP Partner Awards 2026 and International Insurance Conference to drive climate resilience and insurance penetration.

EFU Life Partner with easypaisa Digital Bank to Launch Digital Takaful Savings Plan

EFU Life and easypaisa launch a Shariah-compliant digital Takaful Savings Plan inside the app offering up to 8 percent annual halal returns and built-in protection.

BankIslami Collaborates With EFU Life And EFU General To Launch Digital MicroTakaful

BankIslami integrates a comprehensive suite of affordable, Shariah-compliant digital MicroTakaful protection plans directly within its mobile banking app.

EFU Life Eyes Acquisition of Insurtech Startup Waada Digital to Drive Insurtech Expansion

Pakistan life insurance giant EFU Life is exploring a potential acquisition of Karachi-based insurtech startup Waada Digital to boost digital distribution.

EFU Life and Digitt Partner to Expand Digital Insurance Access in Pakistan

EFU Life partners with licensed Electronic Money Institution Digitt to integrate inclusive life and health insurance solutions into a next generation digital wallet ecosystem.

EFU Life WIN and RAPTR GAMES Partner to Enhance Digital Gaming Accessibility in Pakistan

EFU Life WIN partners with RAPTR GAMES and Raptr Wallet to provide secure access to digital gaming goods and discounted vouchers for young customers.

EFU Life Partners with Hakeem to Deliver Shariah-Compliant Digital Takaful Solutions in Pakistan

EFU Life partners with Hakeem to bring Shariah-compliant digital Takaful solutions to Pakistan, offering life and health protection through an accessible mobile platform for underserved communities.

Faysal Bank and EFU Life Introduce New Takaful Plans Promoting Financial Wellness and Protection

Faysal Bank Limited and EFU Life Assurance Ltd have launched two innovative Takaful products, the EFU Takaful Zenith Plan and EFU Takaful WIN FitCover Plan — to promote financial growth, protection, and wellbeing for customers seeking Shariah-compliant solutions.

Tez and EFU Partner Up to Provide Digital Insurance Solutions

Tez Financial Services recently expanded its strategic partnership with EFU, Pakistan’s leading life insurance company, for Digital Insurance. Tez...