Left to Right: Zia Mehdi, CUO – TPL Insurance, Ali Hassan Zaidi, COO – TPL Insurance, Farrukh H. Khan, CFO – JazzWorld & Tazeen Shahid, CPO – JazzWorld
KARACHI – July 17, 2026: Following the completion of Jazz International Holding Limited’s acquisition of a controlling stake in TPL Insurance Limited, the Company is entering a new phase of growth focused on innovation, digital enablement, and expanding access to insurance across Pakistan.
For over two decades, TPL Insurance has established itself as one of Pakistan’s leading general insurers through a strong focus on customer-centric innovation, disciplined underwriting, and a robust omnichannel distribution network. Joining the JazzWorld ecosystem represents an important milestone in the Company’s journey and creates new opportunities to further strengthen its digital capabilities and broaden access to insurance solutions.
“Insurance should be simple, accessible, and seamlessly integrated into people’s everyday digital experiences,” said Aamir Ibrahim, CEO, JazzWorld. “This acquisition marks an important milestone in our journey to build a comprehensive digital ecosystem. Together with TPL Insurance, we have an opportunity to transform how millions of Pakistanis access financial protection, making it more affordable, personalized, and relevant to their everyday lives.”
Commenting on the development, Muhammad Aminuddin, Chief Executive Officer, TPL Insurance Limited, said: “This marks an exciting new chapter for TPL Insurance. Becoming part of the JazzWorld ecosystem brings together complementary strengths and a shared vision of making insurance simpler, smarter, and more accessible. We look forward to building on our strong foundation while accelerating innovation and creating greater value for our customers, partners, and stakeholders.”
The combination of TPL Insurance’s underwriting expertise with the technology, digital capabilities, and customer reach of the JazzWorld ecosystem creates a strong platform to advance digital insurance in Pakistan. Together, the two organizations are well positioned to develop customer focused solutions that make protection more accessible and relevant in an increasingly digital world.
As Pakistan’s insurance landscape continues to evolve, TPL Insurance remains committed to advancing innovation, expanding digital access, and delivering solutions that address the changing needs of individuals and businesses.
About TPL Insurance
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.
