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JEVP Azfar Arshad spoke on “No Fault Motor Third Party Insurance – Compensation” to delegates from conventional and non-conventional insurance companies, banks, leasing companies, surveyor firms and brokers. He highlighted that the scheme prepared by the Accident Committee of the IAP, once implemented will not only be beneficial to society in general and affectees of road traffic accidents in particular, but the entire insurance industry will gain from this endeavour, because it has the potential to increase awareness level and insurance penetration in Pakistan.
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