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State Life Insurance & Daman Investments Partner to Offer Innovative Financial Solutions in Pakistan

  • June 15, 2024
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State Life Insurance Corporation of Pakistan (SLIC), Pakistan’s leading life insurer, announced a strategic partnership with Daman Investments (DI) Dubai, a prominent regional investment firm. This collaboration aims to develop customized financial solutions for clients.

The Memorandum of Understanding (MOU) was signed by SLIC CEO Shoaib Javed Hussain and DI CEO Ahmed Khizer Khan.

“State Life has always been a leader in transforming the insurance sector,” said Mr. Hussain. “This partnership unites two leading organizations with a shared vision of financial security and inclusion.”

Mr. Khan echoed the sentiment, highlighting DI’s commitment to excellence and growth through strategic alliances. “Together, we will provide exceptional value and innovative solutions to meet our clients’ diverse financial needs,” he said.

The partnership details and specific solutions are yet to be revealed. However, the collaboration has generated interest within the financial sector, with expectations of a wider range of financial products and services for Pakistani consumers.

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