Karachi : TPL Insurance Ltd is proud to announce its collaboration with Samba Bank Limited to offer innovative digital transaction insurance coverage. This new insurance solution aims to protect existing and new customers of Samba Bank against various digital transaction risks, including account takeover, unauthorized transactions, social engineering, and ATM theft. TPL Insurance is a premium insurance service provider in Pakistan which offers a wide range of comprehensive insurance solutions tailored for individuals and businesses. With a commitment
to innovation and customer satisfaction, TPL Insurance stands out in the market by providing extensive digital transaction insurance coverage, which many retail banks currently do not offer. Through its collaboration with Samba Bank, individuals can easily access insurance by visiting their concerned branch. TPL Insurance ensures that its customers receive prompt and efficient service through its dedicated call center, providing 24/7 support and the fastest claim settlement and processing times in the industry. On this occasion, Mr. Aurangzeb J. Siddiqui, Head of FIG & Retail Sales at TPL Insurance, said, “We are excited to collaborate with Samba Bank in introducing this vital solution. This partnership not only enhances the security of digital transactions for bank customers but also represents TPL’s commitment to innovation.” He added, “By providing comprehensive coverage against risks such as account takeover and unauthorized transactions, we empower bank customers to engage confidently in the digital landscape. Our goal is to ensure that every individual feels secure and protected when making digital transactions, and we believe this collaboration will set a new standard in customer service
and support.” Mr. Talal Javed, Group Head Consumer Banking at Samba Bank, said on this occasion, "In
today's rapidly evolving digital landscape, safeguarding our customers' financial transactions is
paramount. Samba Bank, in partnership with TPL Insurance, is proud to spearhead the introduction of transactional insurance in Pakistan. This innovative solution provides our customers with peace of mind, protecting them from the growing threats of cybercrime and fraud. By covering a wide range of vulnerabilities, from e-commerce scams, phishing attacks and ATM theft etc., we are empowering our customers to embrace the convenience of digital banking with confidence. This pioneering initiative underscores our commitment to providing secure, reliable, and customer-centric banking solutions." Notably, TPL Insurance Limited is the first company in Pakistan to sell general insurance & takaful products directly to the consumer. Since its launch in 2005, the company has grown from strength to strength and is now the leading Insurtech player in Pakistan. TPL Insurance Limited obtained a window takaful license from SECP in 2014 and specializes in tech-driven innovative solutions and digitally integrated systems to provide hassle-free customer experiences and round- the-clock services to 300K+ customers. As an AA rated insurer, TPL Insurance Limited is committed to the development of commercial and personal line portfolios by exploring new channels, expanding existing relationships, and maintaining higher risk retention. Further, Samba Bank Limited, a majority-owned subsidiary of Saudi National Bank, is committed to becoming a leading financial institution in Pakistan. The bank aims to deliver high- quality services and innovative products to both individual and corporate customers. Its comprehensive offerings span consumer banking, corporate finance, investment banking, and capital markets, with a vision to expand into private banking, wealth management, and transaction services. Samba Bank is dedicated to fostering a culture of meritocracy, equal opportunity, respect, integrity, and teamwork, which it collectively refers to as the Samba Way. The bank believes in winning for customers, shareholders, and employees by creating an environment of mutual trust and support. Its growing network of online branches allows us to
serve customers across all major cities of Pakistan.
