SECP Talk Series highlights Pakistan potential for inclusive insurance growth
Michael J. McCord of the MicroInsurance Centre spoke at an SECP Talk Series session in Islamabad on Monday about the country's potential for inclusive insurance.
Commissioner welcomes microinsurance sector development
Imtiaz Haider, Commissioner Insurance, welcomed participants and noted that microinsurance helps low-income families recover from disasters without depleting savings. He stated that affordable risk protection is essential for financial inclusion in the nation.
McCord outlines benefits for underserved groups
Michael J. McCord highlighted the ability to expand insurance protection for farmers, workers and small businesses. He stressed that such coverage strengthens financial resilience and provides a wider social safety net.
Industry needs trustworthy claims process
The official urged insurers to build public trust through timely and reliable claims payments. McCord added that customer experience during claims shapes the industry reputation significantly.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Business Recorder
Reported by
2 independent outlets. Headlines as published. Links open the original report.