SECP holds workshop on 'Promotion of Digital Insurance'.

ISLAMABAD -- The Securities and Exchange Commission of Pakistan (SECP), on Monday organized a workshop on 'Promotion of Digital Insurance - Opportunities, Challenges and Way Forward' to explore opportunities and challenges in the digitization of insurance business.

The workshop was aimed at encouraging stakeholders to utilize platform of Regulatory Sandbox for introducing innovation,said a press release issued by SECP here.

The SECP Commissioner (Insurance) Shaukat Hussain welcomed the participants and shared SECP's vision and commitment for transforming the insurance sector into a financially sound and technology driven robust industry.

The primary purpose for organizing this workshop was to encourage open dialogue and brainstorming between the various stakeholders such as regulator, insurance industry, technology providers for development of digital insurance.

Participants from diverse backgrounds, including insurance companies, insurance brokers, web aggregator, insurtech/fintech companies...