Saturday, May 10, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

Hefazat Technologies partners with Pak-Qatar Takaful, Salaam Takaful for customer purchase protection.

News Desk
November 5, 2022
Hefazat Technologies
Share on FacebookShare on Twitter

Insurance is a mechanism that can facilitate social mobility by allowing individuals and families to overcome shocks that can affect their wealth and future income-generating capacities.

The possibility of accessing insurance products and services may be the difference between individuals or families achieving the goal of social mobility or remaining in a situation of economic vulnerability.

According to damage estimations by Karandaaz chief risk officer Ammar Habib Khan and The Asia Group vice president Uzair Younus, Pakistan experienced $13 billion in economic loss and infrastructure damage due to the floods. Without financial inclusion tools such as insurance, Pakistani citizens bore the consequences of the floods.

To help every Pakistani benefit from the social mobility benefits of insurance, Pak-Qatar General Takaful Limited and Salaam Takaful Limited recently partnered with insurance technology (InsurTech) market leader Hefazat Technologies to introduce new products to give customers more flexibility in acquiring Takaful to protect their purchases.

Hefazat Technologies offers purchase protection, an extended warranty at the point of eCommerce checkout, and an income continuation plan. The business is launching in Pakistan in mid-November amid a rise in mobile snatchings, according to several hundred reported incidents on the VoC group on Facebook.

“It is great to have partners that share a common goal and vision,” said Ali Rehman, a founding team member at Hefazat Technologies. “Our desire to digitize Takaful and enable it in the consumers’ lives in a convenience-driven way is shared by the leadership at Pak Qatar. We look forward to building more innovative solutions with the team’s continued support at Pak Qatar to add value to the lives of consumers across Pakistan.”

Hefazat Technologies was founded by Kash Rehman, an American business magnate that has long supported the Pakistan start-up ecosystem. His notable investments include Lettus Kitchens, RoomShare, and Foodem.

Hefazat Technologies has recently onboarded several founding team members, including Danish Ahmed as the chief technology officer and Saeed Ansari as the head of strategic partnerships and alliances.

Ahmed has over 17 years of experience with big names such as K-Electric, Telenor Microfinance Bank Limited, TPL Rupiya, and Meezan Bank. Ansari has a decade of experience across Alibaba-owned Daraz, Kaymu, ECOM, and Sheep.

Tags: CustomerEconomicEconomic VulnerabilityHefazat TechnologiesInsuranceInsurance TechnologyInsurTechKarandaazPak-Qatar TakafulPAKISTANProtectionPurchaseSalaam TakafulSocial Mobility
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

AI, Cloud ERP, and Data-Driven Innovation Take Center Stage at SAP’s Innovation Day
Business

AI, Cloud ERP, and Data-Driven Innovation Take Center Stage at SAP’s Innovation Day

May 9, 2025
ANF Smuggled goods burning ceremony held
Business

ANF Smuggled goods burning ceremony held

May 9, 2025
Pakistani Envoy Shuts Down Sky News’ Yalda Hakim Over Rafale Propaganda
Headline

Pakistani Envoy Shuts Down Sky News’ Yalda Hakim Over Rafale Propaganda

May 9, 2025
IMF talks: Govt considers Rs. 2.8 per unit surcharge to repay bank loans
Business

IMF Executive Board to Decide $1.1 Billion Disbursement for Pakistan Today

May 9, 2025
Saudi Minister Visits Islamabad Amid Rising Pakistan-India Tensions
Headline

Saudi Minister Visits Islamabad Amid Rising Pakistan-India Tensions

May 9, 2025
Empowering Mothers Through Online Homeschooling
Business

Empowering Mothers Through Online Homeschooling

May 9, 2025
Military Stance on May 9 Remains Firm, Accountability Urged: DG ISPR
Headline

India Accused of Sponsoring Terrorism in Pakistan and Canada: DG ISPR

May 9, 2025
India-Pakistan Tensions Provide China With Strategic Intelligence Advantage
Headline

India-Pakistan Tensions Provide China With Strategic Intelligence Advantage

May 9, 2025
Those hindering economic recovery are enemies of the country.
Business

Pakistan must keep the cunning enemy on edge.

May 9, 2025
Quiet quitting: A modern workforce phenomenon  challenging engagement models
Business

Quiet quitting: A modern workforce phenomenon challenging engagement models

May 9, 2025
Next Post
Autumn Conferment of Decoration

Govt. of Japan announces Autumn Conferment of Decoration for Kalim Farooqui.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Sajal Malik Video Leak Sparks Controversy as Fans and Critics Debate

Zarnab Shastri’s Private Videos Leaked Amid Manahil Malik’s Controversy

Another leak: TikToker Somal Mohsin’s private videos go viral

Another obscene video of Minahil Malik goes viral

Torino Comics Honors Akira Toriyama, Creator of Dragon Ball and Dr. Slump

Must Read

GFareed win IGI Life Vitality Super League
Headline

GFareed win IGI Life Vitality Super League

November 1, 2020
Security forces gun down seven Khwarij terrorists in Tank
Headline

Police, Rangers Conduct Targeted Operation in Shikarpur’s Katcha Area

January 30, 2025
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.