Karachi, Pakistan — Faysal Bank Limited (FBL) and EFU Life Assurance Ltd have announced a strategic partnership aimed at introducing two groundbreaking Takaful propositions — the EFU Takaful Zenith Plan and the EFU Takaful WIN FitCover Plan — tailored to meet the evolving financial and lifestyle needs of Faysal Bank customers. The agreement was formalized […]
JazzCash, EFU Life launch fully digital insurance service
ISLAMABAD:JazzCash, Pakistan’s leading digital wallet, and EFU Life, one of the country’s premier life and health insurers, have partnered to launch a first-of-its-kind, end-to-end digital insurance journey set to reshape the way millions of Pakistanis access insurance. This strategic collaboration aims to simplify and digitize the entire insurance value chain from instant policy subscription to […]
Shoaib Javed Hussain Reappointed as CEO of State Life Insurance Corporation of Pakistan (SLIC) for Another Three-Year Term
KARACHI, August 6, 2025— The Federal Cabinet, on the recommendation of the Ministry of Commerce, appoints Mr. Shoaib Javed Hussain as the Chief Executive Officer of State Life Insurance Corporation of Pakistan (SLIC), for a further 3 years effective August 6, 2025. The corporation has undergone a significant transformation, marked by innovation and significant growth, […]
NBP and Jubilee Life launch Shariah-compliant insurance plans
KARACHI: Jubilee Life Insurance has partnered with National Bank of Pakistan (NBP) to launch two financial protection plans: Jubilee Sehat Shifa Takaful (Shariah-compliant) and Jubilee Aitebaar Plan (Conventional). The initiative aims to expand access to quality healthcare and financial security across Pakistan. The signing ceremony was with key representatives from both organizations, including Faisal Ahmed […]
Neem and Jubilee Life Partners to reshape Insurance Payments in Pakistan
KARACHI: Jubilee Life Insurance, Pakistan’s largest private sector life insurance provider, has entered into a strategic partnership with Neem, the country’s leading embedded finance platform, to digitise and streamline payments across the insurance value chain. As part of the partnership, Neem’s flagship payment solution is integrated across Jubilee Life’s digital platforms, including its website, mobile […]
HBL Demonstrates Leadership in Agri Financing: Gives Largest Insurance Payout to Farmers
HBL issued the largest payout of over PKR 10 million under the Area Yield Index Insurance (AYII) program, benefiting farmers in Balochistan and Sindh. This innovative insurance solution is designed to support farmers by providing financial protection against yield losses due to adverse climatic conditions and other agricultural risks. The AYII program offers extensive coverage […]
Neem expands its insurance footprint with a strategic partnership with TPL Life
Karachi, Pakistan – [30th May 2025] — Neem, Pakistan’s leading embedded finance platform, is deepening its footprint in the insurance sector with a new strategic partnership with TPL Life, a digital-first insurance leader serving over 1 million + customers across Pakistan. This collaboration follows Neem’s recently announced partnership with EFU Life and signals the company’s […]
State Life and JS Bank Partner to Expand Access to Insurance Across Pakistan
State Life Insurance Corporation of Pakistan (SLIC), the nation’s largest and most trusted life and health insurer, has entered into a strategic partnership with JS Bank, one of the fastest growing banks in Pakistan, to offer a range of insurance products under its bancassurance model. The move brings together the scale of Pakistan’s public institutions […]
Neem x EFU Life: Powering the future of insurance with embedded payments
Neem is excited to announce a strategic partnership with EFU Life, one of Pakistan’s leading insurers serving over 10 million customers. This collaboration marks Neem’s entry into the insurance sector. The objective is to digitise the entire insurance value chain—from premium collections to claims disbursements, powered by Neem’s financial infrastructure. The integration of Neem’s payment […]
JS Bank Launches Pakistan’s First Dedicated Maternity Insurance via JS Her
KARACHI – In a groundbreaking move to support women’s health and financial well-being, JS Bank, through its women-focused banking platform JS Her, has launched Pakistan’s first dedicated maternity insurance plan. The initiative was announced in line with Mother’s Day celebrations and aims to provide financial relief during one of life’s most significant milestones—childbirth. The newly […]