Based on the success of the wheat pilot spearheaded by PAC with HBL, Bank of Punjab, TPL Insurance, SCOR of France, and PAC’s insurtech partner Pula Advisors of Switzerland, PAC has been building up the momentum on a significant upgrade of crop insurance in Pakistan in the aftermath of the 2022 floods. HBL and Bank of Punjab have indicated their intention to continue the pilot activities in subsequent seasons. Using the momentum started by this pilot, PAC and its partner Pula, have conducted extensive dialogues and made multiple presentations to the Federal Government as well as the provincial Governments of Punjab and Sindh.
