Neem expands its insurance footprint with a strategic partnership with TPL Life

Karachi, Pakistan – [30th May 2025]—Neem, Pakistan’s leading embedded finance platform, is deepening its footprint in the insurance sector with a new strategic partnership withTPL Life, a digital-first insurance leader serving over 1 million + customers across Pakistan. This collaboration follows Neem’s recently announced partnership with EFU Life and signals the company’s continued momentum in transforming insurance through embedded financial infrastructure. The partnership with TPL Life advances Neem’s mission to digitise the full insurance value chain—from premium collection to claim disbursement—using its low-code, scalable, compliant payments and wallet infrastructure. “This partnership with TPL Life is a continuation of what we’ve set out to do—build the financial rails for insurance in Pakistan,”said Shehrez Bawany, Head of Partnerships at Neem.“Together, we’re delivering on our promise to help insurers modernise rapidly, and there’s more to come.” Through Neem’s embedded finance stack, TPL Life will roll out a two-phasedigital finance solutionto elevate its customer experience and operational agility.: Phase 1: Premium collections made seamless Neem’sPayment Buttonis integrated into TPL’s digital platforms, enabling policyholders to pay premiums through cards, bank transfers, wallets, and 1Bill. TPL’s team will also gain access to real-time reporting and insights through the Neem Business Portal. At TPL Life, we’re committed to efficient, frictionless digital customer experiences,”saidSaad Nissar, CEO of TPL Life.Partnering with Neem allows us to offer fast, transparent, and modern payment journeys—embedded directly into how we engage with our customers. Phase 2: Wallet-powered claims and engagement Neem will enablewhite-labeled wallet infrastructureto support: This next-generation solution improves the customer experience whilst allowingTPL Life to drive innovationthroughout the entire lifecycle of the policyholder. With this partnership,Neem strengthens its position as the go-to infrastructure partnerfor Pakistan’s insurance industry. Having partnered with two of the country’s top insurers—EFU Life and TPL Life — Neem is actively shaping a new digital standard in how insurance is delivered and experienced. This is just the beginning. Neem continues to expand its partnerships with insurance players nationwide, creating a robust, embedded ecosystem that improves access, transparency, and financial wellness across Pakistan. About Neem:Neemis Pakistan’s leading embedded finance platform, providing modern financial infrastructure to simplify how businesses move money. Through its full suite of products—including payments infrastructure and aShariah-compliant Earned Wage Access(EWA) solution—Neem enables companies of all sizes to accept, disburse, and manage payments while supporting employee financial wellness. Founded by experienced fintech entrepreneurs and backed by global investors, Neem isdriving meaningful progress in Pakistan’s digitalfinance and financial wellness ecosystem. About TPL Life:TPL Life Insurance Limitedis a subsidiary of TPL Corp, which has diversified investments across multiple business segments. TPL Life strives to lead in insurtech, catering to Pakistan’s Life and Health coverage needs by offering cutting-edge Insurance solutions.