UIG announces United Digital Life Insurance initiative

LAHORE: United International Group (UIG) announced that the Board of Directors of The United Insurance Company of Pakistan Limited (UIC) has approved, at its board meeting, the formation of United Digital Life Insurance Company.

The initiative marks an important milestone for UIG and reflects the Group’s strategic vision to expand its presence in the insurance and financial services sector through digital innovation and customer-focused solutions.

United Digital Life Insurance Company is intended to further strengthen UIG’s position in the evolving insurance landscape and support the Group’s commitment to providing accessible, technology-driven insurance solutions. Through this company, life insurance services shall be provided to the customers by using digital means at their door step. Branch less facilities will be provided to our valued customers. Multiple coverage options and products will be offered as per customer requirements.

The initiative will be taken forward subject to completion of all applicable regulatory and legal requirements and approvals.

“We are confident that this initiative will open new avenues for growth and innovation and further strengthen our contribution to the insurance and financial services sector,” said Mian M. A. Shahid, Chairman of United International Group (UIG) and Chief Executive Officer of The United Insurance Company of Pakistan Limited.

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