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Falcon-i Sponsors Insurtech Summit, Highlights Growing Role of IoT in Financial Sector

Falcon-i Sponsors Insurtech Summit, Highlights Growing Role of IoT in Financial Sector

KARACHI: Falcon-i Private Limited has announced its sponsorship of the Pakistan Insurtech Summit III 2025, marking its position as the only IoT and telematics company represented as a technology partner at the event held here on Wednesday.

The company, which holds the largest market share among telematics providers working with insurance firms in Pakistan, supplies real-time data for underwriting, claims management, risk scoring, congestion alerts, accident reporting, and driver behaviour analysis.
Falcon-i’s solutions are currently used by financial institutions, corporate fleets, logistics companies, and government departments across the country. Its participation at the summit reflects the increasing role of IoT-driven insights in shaping insurance products, reducing losses, and supporting the adoption of usage-based models.
Company officials said telematics enables insurers to make more accurate assessments, improve fraud detection, and provide faster customer support. The technology has become particularly relevant as the insurance sector seeks to modernize operations and develop data-driven products.
Beyond financial institutions, Falcon-i maintains a diverse client portfolio that includes Pakistan’s leading corporations and thousands of private vehicle owners. The company’s presence at the Insurtech Summit underscores its broader strategy of supporting digital transformation across multiple sectors.
The Pakistan Insurtech Summit III 2025 brought together industry stakeholders to discuss technological innovations and the future of insurance services in the country. #

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