TPL Acquires AsiaCare
TPL Trakker recently signed a Share Purchase Agreement with the sponsors of AsiaCare Health and Life Insurance Company. Through the agreement, TPL acquired 100% ownership to bring Life Insurance under its umbrella. Effective July 16, 2016 AsiaCare Health and Life Insurance Company has been reintroduced as TPL Life Insurance Limited. With low insurance penetration in the country, TPL Life aims to grow the market by providing innovative life and health insurance products based on global standards.
Tailored to cater to the divergent needs of Pakistanis, TPL Life’s mandate is to develop smart and customer friendly life and health insurance solutions to deliver on its customer-centric promises.