Pakistan

Digi Insurance Limited Secures Pakistan’s First Digital-Only Non-Life Insurance License from SECP

Digi Insurance Limited has been granted Pakistan’s first digital-only non-life insurance license by the Securities and Exchange Commission of Pakistan (SECP), marking a historic shift in the country’s financial services landscape. As an AI-powered, tech-forward insurer, Digi Insurance is proud to lead the charge in building a more accessible, efficient, and inclusive insurance ecosystem for millions of Pakistanis.

This unprecedented milestone unlocks a new era of intelligent, paperless protection, where customers can access, purchase, and manage insurance policies entirely online, with no branches, forms, or intermediaries. Powered by a secure, end-to-end digital infrastructure, Digi Insurance offers a mobile-first experience that lowers operational costs and removes traditional barriers. With flexible digital payment options, including mobile wallets, cards, and airtime balance, our platform ensures convenient access for all, particularly underserved and low-income communities.

Marking a historical shift in the existing insurance landscape, this historical licensing enables coverage that is tailored to individual needs and affordability, and claims that are processed digitally with real-time updates, minimal paperwork, and faster settlements. It introduces a smarter, more inclusive model of insurance- one built around the real lives and needs of everyday Pakistanis.

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Furthermore, it is a major step toward financial inclusion and insurtech advancement in Pakistan, aligning with the shared vision of SECP and Digi Insurance to foster innovation, expand protection, and democratize access to essential services. By combining cutting-edge technology with human-centered design, we aim to close the longstanding protection gap and build a digitally empowered Pakistan where insurance is smart, affordable, and accessible to all.

Commenting on this hallmark achievement, the Chairman Digi Insurance, Mr. Asim Alam stated: “This milestone reflects our deep commitment to reshaping insurance delivery in Pakistan. We’re making it easier for people to protect their health, income, and assets without friction or complexity. Through this digital-first approach, we aim to build lasting trust, close the protection gap, and meet the evolving needs of everyday Pakistanis.”

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