The number of third-party motor insurance policies in Sindh has increased by around 3,940 percent in eight months, reaching 452,515, according to the Securities and Exchange Commission of Pakistan (SECP).
The increase follows the Sindh government’s decision in March 2026 to make third-party motor insurance compulsory for registered vehicles, with support from the SECP.
Digital System Introduced for Insurance Verification
The SECP has introduced a digital system that allows online verification of third-party motor insurance policies. It is connected to the Sindh government’s vehicle registration and taxation systems.
Third-party motor insurance covers injuries, deaths and property damage caused to other people in road accidents. However, it does not cover damage to the insured vehicle.
Despite the sharp increase, the SECP said there was significant room to expand coverage, as Sindh has around 2.6 million registered vehicles.
SECP Chairman Dr. Kabir Ahmed Sidhu said the regulator was working with other provincial governments to make third-party motor insurance compulsory in their respective areas and extend the system across Pakistan.
