SECP Registers DIGI Insurance Limited as Pakistan’s New Digital-Only Insurer
The Securities and Exchange Commission of Pakistan (SECP) has officially registered DIGI Insurance Limited, paving the way for a new digital-only non-life insurance provider in the country.
Pakistan Embraces Digital Insurance Innovation
As per S.R.O. 1335(I)/2025 issued on July 26, the SECP confirmed that DIGI Insurance Limited is now licensed to operate exclusively as a non-life digital insurance company, under the provisions of the Insurance Ordinance, 2000 and Insurance Rules, 2017.
DIGI Insurance Limited is authorized to offer a wide range of non-life insurance services under:
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Sub-clause (i) – Fire and Property Damage
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Sub-clause (ii) – Marine, Aviation, and Transport
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Sub-clause (vii) – Miscellaneous Insurance
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Sub-clause (viii) – Health Insurance
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Sub-clause (ix) – Agriculture Insurance
This approval became effective July 22, 2025, and the company must operate within the conditions specified in its registration certificate.
A Big Step Toward Fintech Growth
The registration of DIGI Insurance marks a significant milestone in Pakistan’s digital transformation journey, especially within the insurance and fintech sectors. The initiative aims to promote wider accessibility, user convenience, and digital financial inclusion by enabling tech-driven insurance services across the country.
Stay tuned for updates as DIGI Insurance begins operations and reshapes the landscape of non-life digital insurance in Pakistan.
