SLIC and TCS in financial inclusion, protection deal.
Mr. Shoaib Javed Hussain the Chairman of State Life Insurance Corporation of Pakistan (SLIC) signed a landmark understanding with Ms Saira Awan Malik, President TCS Private Limited, for Financial Inclusion and Protection Plans Drivers/Riders, will enable State Life policy premium collection and sales of insurance products through TCS Express Centers across the country.
Senior officials from both organizations were also in attendance on the occasion. State Life is Pakistan's largest Life and Health Insurer, which protects more than 140 million Pakistanis and only insurer in Pakistan with AAA Ratings.
From SLIC point of view, this is an important initiative as part of its Chairman's broader vision of providing every citizen of the country with the benefits of true social and financial protection in the event of certain unforeseen incidents.
In another first, TCS has become the first 3PL company in Pakistan to not only take steps towards improving safety for their front-line workers but also to provide their families with financial security in case of death or disability.
Further, TCS has become the first Pakistani company to enable selling of insurance products at its unrivalled network of Express Centers making insurance and financial security more accessible across the country. This is in line with TCS's vision of providing its platform to businesses and services enabling development and commerce in the Pakistan.
The partnership between State Life and TCS is another step in State Life's push towards creating an environment of financial and protection inclusivity in the country, serving Pakistanis across all strata society. This is SLIC's first such association with a logistics provider, in order to further enhance policyholder services available to its valued customers.
Shoaib Javed Hussain, Chairman, State Life Insurance Company of Pakistan said that "We are excited to announce...
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