SECP organized “International InsureImpact Conference, 2023”

SECP hosted International InsureImpact Conference 2023 held on December 13-14 in Karachi, gathering industry experts and stakeholders. The conference revolved around the areas of creating awareness regarding insurance products, leveraging of technology and collaboration, building resilience through crop and disaster risk insurance, creation of pools to deepen inhouse insurance / reinsurance capacity and improvement in governance and risk management. Dr. Shamshad Akhtar, Federal Minister for Finance, emphasized the need to embrace technology and increase insurance penetration. President of Pakistan, Honorable Dr. Alvi highlighted the importance of insurance in times of crisis.Dr. Ishrat Hussain, Chairman, IBA CEIF, urged the growth of the non-banking financial sector by mobilizing savings and leveraging innovative modes.Chairman SECP, Akif Saeed, in his closing remarks, asked everyone to carry forward the knowledge gained, the connections made, and the inspiration received during the conference to propel the insurance industry to new heights.