Quwat Services Private Limited, known as QSPL, has finalized a strategic agreement with JazzSure Insurance to launch the country's initial fully embedded insurance protocol built directly into every consumer and merchant transaction channel. Powered by the main goal of QSPL, which is financial inclusion for every Pakistani one transaction at a time, this collaboration automates risk coverage right at the interaction point and attaches real-time protection to fast payment flows moving through QSPL rails.
By integrating advanced underwriting application programming interfaces from JazzSure Insurance directly into the transaction processing system of QSPL, the agreement removes obstacles. Every transaction receives real-time protection that automatically covers unauthorized transactions, meaning unconsented electronic transfers, and account takeover through phishing, spyware, or malware. End-users obtain instant point-of-sale coverage with no administrative overhead or manual policy onboarding, and merchants secure automatic protection against operational vulnerabilities.
Muhammad Saad Khan, who is the CEO of Quwat Services Private Limited, stated, "Financial inclusion requires robust risk infrastructure, not just payment rails." He added, "Partnering with JazzSureInsurance to embed automated protection into every single transaction sets an aggressive new benchmark for the region, ensuring that economic participation is matched with absolute security."
Imtiaz Ahmed, serving as the Chief Digital Officer at JazzSure Insurance, stated, "This collaboration redefines the boundaries of digital insurtech." He also said, "By integrating our tech-driven underwriting engines directly into QSPL's high-performance transaction channels, we are delivering seamless, automated risk mitigation at an unprecedented operational scale."
The collaboration builds a strong combination of scale, speed, and security, strengthening the path of QSPL inside the digital economy of Pakistan. Both organizations share a commitment to accessible, secure, and inclusive digital financial services to ensure stronger protection accompanies greater financial participation.
