The State Life Insurance Corporation of Pakistan (SLIC) hosted the SLIC Summit 2024 on Thursday, officially launching its advanced digital services and communication framework. The event was graced by the Honourable Federal Minister of Commerce, Jam Kamal Khan, along with prominent figures such as Sulaiman S. Mehdi, Chairman of the Board at State Life, and Shoaib Javed Hussain, CEO of State Life. The summit was attended by senior members of State Life’s management team, esteemed dignitaries, government officials, corporate partners, and industry leaders.
The summit highlighted State Life’s significant contributions to Pakistan’s insurance sector, particularly its role in administering social health programs nationwide. The organization’s influence on capital markets underscores its impact on Pakistan’s economic stability and growth. In his address, Minister of Commerce Jam Kamal Khan commended State Life’s continuous innovation and leadership in the insurance and health sectors, which are crucial to the nation’s wellbeing and market advancement. He emphasized that the launch of these digital services represents a major milestone in making insurance services more accessible, transparent, and efficient for all Pakistanis.
CEO of State Life, Shoaib Javed Hussain, remarked that these digital services are technological advancements designed to deliver the highest standards of transparency, efficiency, and security. They ensure that services are accessible and beneficial to customers, partners, and stakeholders alike. The SLIC Summit 2024 underscores State Life’s enduring commitment to progress, innovation, and national development. By integrating digital solutions with its core services, State Life continues to solidify its position as a cornerstone of Pakistan’s insurance and financial sectors, driving the country toward a brighter and more prosperous future.
The summit showcased the launch of SLIC’s enhanced digital platform, marking a new era of convenience and security for its policyholders. This includes the introduction of a new and improved website along with three advanced mobile applications: MySLIC Mobile Application, State Life Health Plus, and SLIC Agent Pro. These innovations are a step towards a fully paperless insurance experience, allowing users to manage policies, track premiums, and monitor policy maturity with unprecedented ease and efficiency. SLIC’s digital infrastructure also supports real-time alerts, AI-assisted data analytics, and efficient data management across Pakistan, ensuring equitable access to services.
State Life’s role in Pakistan’s national social health programs was another key focus of the summit. The Social Health Program Panel featured industry leaders and healthcare experts who discussed the pivotal role State Life plays in administering these health initiatives. The panelists emphasized the profound impact these programs have on the lives of ordinary Pakistanis, highlighting how State Life’s management of health insurance is elevating the quality of life for vulnerable communities across the country.
The summit also included a thought-provoking discussion on Pakistan’s capital and financial markets. The Capital Markets Panel brought together influential figures from the industry to explore State Life’s role in these markets, further demonstrating its commitment to Pakistan’s economic growth and stability.