KARACHI: Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood on Friday launched State Life Insurance Corporation of Pakistan’s digital portal and mobile App on the eve of its golden jubilee.

These new facilities will help provide better insurance services to Pakistanis within and outside the country.

Addressing the golden jubilee ceremony here, PM’s Advisor appreciated SLI growth on policy and profit sides despite COVID-19 shocks, and hoped the state-owned insurance company would pursue futuristic policy and would focus more on innovations to become leader in the services sector, which was fast growing in the world.

He, however, emphasized that SLI with other two state-run insurance companies – National Insurance Corporation Limited and Pakistan Insurance Corporation Limited – should ensure a competitive atmosphere for further growth of this sector.

He recalled that insurance sector of the country had experienced ups and downs. During Musharraf era when he was holding the same portfolio as the Commerce Minister the insurance sector was not in good condition. Three years back, it experienced almost the same environment.