JazzCash Wins Silver Award At Money20/20 USA 2026 For InsurTech Innovation
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✧ GENERATE BRIEFING
JazzCash, Pakistan’s leading fintech platform and subsidiary of VEON Ltd., has won the Silver Award in the Banking–InsurTech category at Money20/20 USA 2026 (The Money Awards) for its Sehat+ health-protection platform. The accolade was announced onsite in Las Vegas on October 18, 2026, recognizing the platform's role in driving financial inclusion and micro-insurance accessibility across Pakistan's informal economy. Key operational metrics, executive quotes, and strategic details include: Consecutive Global Recognition: This marks JazzCash’s second consecutive Silver Award at Money20/20 USA, following its 2025 win in the Banking category for ReadyCash, its digital nano-lending product. Scale & Financial Reach: Sehat+ operates by embedding micro-insurance premiums into daily digital transactions starting from PKR 3 per day. To date, the platform serves 2.38 million active unique customers and has issued 27.7 million policies targeting daily-wage earners and first-time insurance buyers.
JazzCash has won the Silver Award in the Banking–InsurTech category at Money20/20 USA 2026 for its Sehat+ health-protection platform, which aims to expand access to affordable health insurance among Pakistan’s underserved communities.
The recognition marks JazzCash’s second consecutive year winning a Silver Award at the global financial services event. In 2025, the company received the award in the Banking category for ReadyCash, its digital lending platform.
Inclusive Insurance Model and Market Penetration
Sehat+ focuses on informal workers, daily-wage earners, small traders and first-time insurance buyers who may lack access to conventional insurance products. The platform integrates health protection into everyday financial transactions, seeking to make coverage more accessible to people with irregular incomes and limited financial safety nets.
According to company figures, Sehat+ serves 2.38 million active unique insurance customers and has issued 27.7 million policies to date. The platform also aims to simplify the claims process, reducing paperwork that can prevent lower-income customers from accessing insurance benefits.
Executive Leadership and Strategic Vision
Aamir Ibrahim, CEO of JazzWorld and chairman of JazzCash, Mobilink Bank and JazzSure Insurance, said the initiative seeks to extend financial protection to families and small businesses that have traditionally faced unexpected expenses without adequate coverage.
The award highlights the growing role of digital financial services in extending insurance beyond conventional banking and employment-based channels. By embedding protection into digital transactions, fintech platforms can potentially reach customers who have historically remained outside formal insurance markets.
Digital Welfare Disbursement and Global Footprint
JazzCash was also named a finalist in the Partnerships & Strategic Alliance category at Money20/20 USA 2026 for its “Paid with Dignity” initiative, recognising its role in disbursing support through the Benazir Income Support Programme and other government welfare initiatives.
The latest recognition adds to Pakistan’s visibility in the international fintech sector as digital providers expand services beyond payments and lending into insurance and broader financial inclusion.
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