SECP proposes major reforms to improve insurance complaint resolution

PSX Update • Sep 22, 2026

The Securities and Exchange Commission of Pakistan (SECP) has recommended increasing the number of Insurance Tribunals and Small Dispute Resolution Committees (SDRCs) and establishing an integrated digital complaint system to improve the resolution

September 22, 2026 (MLN):   T he Securities and Exchange Commission of Pakistan (SECP) has recommended increasing the number of Insurance Tribunals and Small Dispute Resolution Committees (SDRCs) and establishing an integrated digital complaint system to improve the resolution of policyholders’ grievances nationwide. The recommendations are outlined in SECP’s report, “Strengthening Insurance Grievance Redressal...