Federal Insurance Ombudsman Mumtaz Ali Shah presents Annual Report 2024 to President Zardari

ISLAMABAD, March 28 (SABAH): Federal Insurance Ombudsman (FIO), Mumtaz Ali Shah, called on President Asif Ali Zardari at Aiwan-e-Sadr and presented the institution’s annual report for 2024 on Friday.

The Ombudsman briefed President Asif Ali Zardari on the institution’s efforts to address grievances related to maladministration and fraudulent practices in the insurance sector.

According to the report, FIO resolved 5,827 complaints during the year 2024, providing financial relief amounting to Rs 2.32 billion to policyholders.

The President urged the need to provide speedy justice to insurance policy holders from poor and low-income background.