The Securities and Exchange Commission of Pakistan (SECP) hosted the InsureImpact Conference Pakistan 2025 in Karachi and used the event to launch several digital initiatives aimed at developing and digitising the insurance sector. The tools include a motor insurance repository, automation of marine insurance policy issuance, and an SMS-based insurance policy finder intended to help beneficiaries locate policies held by deceased family members and support claims processing. The motor insurance repository, established by the Central Depository Company of Pakistan under SECP guidance and with industry stakeholders, is designed to securely store motor insurance policy details and strengthen enforcement of mandatory insurance requirements. Conference discussions focused on disaster and agriculture insurance, motor insurance, health insurance coverage gaps, and digitalisation, alongside remarks from the Minister for Finance and Revenue on rising risks and the need for adequate coverage, and a message from the President of Pakistan calling for prioritisation of agricultural insurance, a sustainable health insurance framework and stronger consumer confidence. SECP leadership also highlighted ongoing stakeholder engagement and amendments to Pakistan’s primary insurance laws.

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