Global Shield was launched in Nov 2022 with an objective to increase the resilience of vulnerable populations in the Global South against climate risks and consequently help to avert, minimize and address losses and damages of climate change. Last week marked a significant milestone as Pakistan became the first Asian…
Insurance Webinar: “Innovation in Insurance for Pakistan”
Einstein once said: “If I had an hour to solve a problem and my life depended on the answer, I would spend the first 55 minutes figuring out the proper questions to ask. For if I knew the proper questions, I could solve the problem in less than 5 minutes.” This…
What insurance can learn from milkshakes?
I am a fan of Clayton Christensen’s work and it’s no secret that I take inspiration from his and his coauthors’ books in my effort of making insurance easy, affordable, available and accessible for non-consumers. While rereading his work “Competing Against Luck” and the brilliantly explained Jobs Theory, I could…
International Insureimpact Conference 2023
Last week’s International Insureimpact Conference 2023 organized by the SECP was unique in its focus on real issues and fostering open debate through a futuristic lens – a professionally executed event providing enlightening experience. I had the honor of hosting a panel on “Microinsurance: Big Protection in Small Ticket.” Here…
Less than 3% Vehicles are Insured in Pakistan
A recent report from the SECP revealed that under 3 percent of the total vehicles registered in Pakistan are insured. Low hashtag#insurancepenetration is often cited as an outcome of some insurers using tricks to delay or deny claims but this is part truth. Other processes even paying premium are at…
Claim is the ‘moment of truth’
“Customers with insurance do not claim all the time, but when they do, their insurance must respond; otherwise, they will stop buying.” Claim is the ‘moment of truth’ in insurance, and this cannot be articulated better than how Ammara Batool has described above during our recent conversation. Ammara is a…
NextGen Banca© Webinar
Proudly organizing NextGen Banca© Webinar in collaboration with Shoreline Asia and CxO Global Forum. This is first such effort in Pakistan with an aim to modernize local bancassurance market with international best practices. We are grateful to our friends and colleagues in Pakistani insurance industry for participating in NextGen Banca©…
Using Behavioral Science in Marketing
I have had the privilege of reading hashtag#UsingBehavioralScienceinMarketing by Nancy Harhut and it’s truly an extraordinary work. I have discovered a whole new perspective on hashtag#marketing esp. hashtag#B2B side of it as that is my focus area. What makes this book exceptional is its approachable format with bite-sized chapters filled…
8th Future of Insurance Distribution Summit 2024
📢 Excited to announce my participation at the 8th Future of Insurance Distribution Summit 2024 taking place in Singapore from Sep 3rd to 6th. I’ll be sharing insights and lessons learned on key contemporary topics at the core of the modern insurance industry such as distribution innovation, demystifying the relationship…
Mastering digital and inclusive insurance
Famous author James Clear states in his seminal book, Atomic Habits, that “Business is a never-ending quest to deliver the same result in an easier fashion.” This insight is particularly relevant to the field of hashtag#digitalinsruance which seeks to simplify insurance delivery, adaptation and usage in the evolving post-COVID world.…