Move over, suits and briefcases. The financial scene is undergoing a digital makeover, powered by a revolutionary force – cryptocurrencies. From the enigmatic birth of Bitcoin to the dizzying explosion of diverse coins, decoding the code of this digital revolution has become a thrilling quest for investors and curious minds alike. Here’s what you need...
Microinsurance is a form of insurance designed to make important insurance options more accessible, for individuals and families with financial resources, in developing countries. Its purpose is to provide coverage for situations like illness, injury, or loss of life for people with valuable assets. This is achieved by combining policies into larger frameworks, which creates...
The Arab Actuarial Conference, a highly anticipated event in the actuarial world, took place recently. As the Platinum Sponsor, SHMA Consulting was proud to be a strong supporter of this prestigious global platform, which brought together industry experts, professionals, and enthusiasts from various sectors across the Middle East and North African countries. Actuaries, actuarial firms,...
Insurance fraud is defined as a purposeful deceit committed against or by an insurance business or agent for financial gain. Fraudulent claims not only lead to higher premiums for everyone but also undermine the trust and integrity of the insurance industry. It is a widespread problem that affects both the insurance industry and consumers. Insurance...
The year 2020, with its epidemic and lockdown, has changed the way people consume products and services. This has also had an impact on the insurance sector. Individuals and organizations across the world are aware of the need for insurance coverage in response to rising hazards, including those posed by Covid-19. Notably, this has led...
In today’s world, it’s more important than ever for companies to prioritize social responsibility and sustainability. Social responsibility is the idea that companies need to take responsibility for their actions and how their decisions affect their communities, environment, and other stakeholders. Whereas sustainability is the concept of developing and maintaining the ability of a company...
Cyber risks have become a significant concern in today’s interconnected world, with businesses relying heavily on digital technologies and data. As cyberattacks become more complex and frequent, organizations are turning to cyber risk insurance to mitigate these risks and protect their digital assets. However, it’s not enough to simply purchase a policy; it’s essential to...
The future of youth in Pakistan is deeply intertwined with the nation’s overall development and progress. Pakistan, with a substantial and youthful demographic, holds immense potential for growth, innovation, and positive change. However, several critical factors, including political instability, economic challenges, access to education, ethical considerations, interdisciplinary collaboration, and a global perspective, contribute heavily to...
As the nation of Pakistan commemorates its 76th Independence Day, hopelessness has stricken the country but unity resonates through every corner of the country. At the heart of this celebration lies the profound significance of freedom, a freedom hard-fought and cherished by generations. The SHMA office joins this national sentiment by hosting a vibrant event...
In a world where experiential learning is paramount, SHMA Consulting has set a commendable precedent with its successful internship program. Launched in June, this initiative has not only provided a platform for budding talents to thrive but has also enriched the organization with fresh perspectives and dynamism. With a cohort of 10 interns hailing from...
SHMA provides a large scale of services to its clientele aimed at simplifying complexities and supporting the decision-making process. With our help, your organization can enjoy a competitive advantage over your competitors.