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Top Insurance company in Bangladesh List 2022 Updated

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Top Insurance company in Bangladesh List 2022 Updated

  1. MetLife Bangladesh

MetLife Bangladesh is the largest life insurer in the country. It serves over a million customers and is a major employer in Bangladesh with over 16,000 field force and employees. Established in 1952, the company was popularly known as ‘ALICO’ until its acquisition by MetLife, Inc. globally in November 2010 when it was co-branded as ‘MetLife Alico’ and later as ‘MetLife’ in 2015. MetLife offers financial protection to the people of Bangladesh through a mix of traditional and innovative products such as individual and group life insurance policies, pension schemes, children’s education policy, Shariah based (Takaful) saving schemes and accident and health products. The products are designed to suit people of different age groups, professions and income ranges.

Services: Education

Savings and Investment

Health and Protection

Retirement

Takaful

Group Insurance

Address: MetLife Building, 18-20 Motijheel, C/A Dilkusha Rd, Dhaka 1000, Bangladesh

Contact No.: +8809666716344

Website: https://www.metlife.com.bd/

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  1. Agrani Insurance Company Limited

The vision and objectives have been set to give a brand new experience in General Insurance. the year 2000 Agrani Insurance Company Limited was incorporated under the Bangladesh General Insurance Act and we have the pleasure, in introducing ourselves as one of the fast growing general insurance companies.

Services: Fire Insurance

Marine Insurance

Health Insurance

Motor Insurance

Burglary Insurance

Contractors All Risk Policy

Cash-In-Transit & Cash-In-Safe

All Risk Insurance

Premium Calculator

Address: Saiham Sky View Tower, 14th Floor, 45 Bijoy Nagar Road, Dhaka 1000, Bangladesh

Contact No.: +880255111007

Website: http://www.agraniinsurance.com/

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  1. Green Delta Insurance Company Limited (GDIC) 

Green Delta Insurance Company Limited (GDIC) is the largest and pioneering general insurance company in Bangladesh. GDIC was incorporated in December 14, 1985 as a public limited company, under the Companies’ Act 1913 and its operation commenced on 1st January 1986, with a paid up capital of BDT 30.00 million. Now, Green Delta Insurance Company Ltd. has amassed more than BDT 887 million with the highest credit rating of AAA (long term) and ST1 (short term) as the first Insurance Company in Bangladesh. 

Services: Covid Insurance

Marine Insurance

GD Health Insurance

Burglary Insurance

Fire Insurance

Motor Insurance

Personal Accident Insurance

Nibedita Comprehensive Insurance Policy for Women

Address: Red Crescent Concord Tower (2nd Floor), 17 Mohakhali C/A, Bir Uttam AK Khandakar Rd, Dhaka 1212, Bangladesh

Contact No.:  +880 9613444888 , +8802222261170

Website: http://www.green-delta.com/

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  1. Pioneer Insurance Company Limited

A group of renowned and celebrated entrepreneurs established Pioneer Insurance Company Limited in1996 to carry out non-life insurance business. Since its establishment Pioneer Insurance Company Limited has maintained its presence as the most prominent company launching innovative products and new plans in the non-life insurance industry of Bangladesh. It has recognized itself as one of the most reputed and brightest names in the sector. Continued growth and development have secured Pioneer Insurance Company Limited as one of the “Big Three” non-life Insurers of Bangladesh in terms of gross direct premium and financial base.

Services: Marine Cargo And Hull Insurance

Motor Insurance

Fire Insurance

Overseas Insurance

Aviation Insurance

Industrial All Risk

Miscellaneous Insurance

Address: 5th Floor, Rangs Babylonia, 246 Bir Uttam Mir Shawkat Sarak, Dhaka 1208, Bangladesh

Contact No.: +88028878901

Website: http://pioneerinsurance.com.bd/

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  1. Phoenix Insurance Company Limited

The Phoenix Insurance Company Ltd, one of the first generation leading general insurance companies in Bangladesh embarked on its journey on November 27, 1986. Mr. Dean Mohammad, Chairman of the Phoenix Group in association with Maj. Gen. (Retd) Abdul Mannan Siddiqui who was the founder chairman along with a group of entrepreneurs founded the company with a paid-up capital of Tk 30 million.

The Company, headquartered in Dhaka, began operation in most parts of the country after obtaining certificate on December 1, 1986 and being registered with the department of insurance on December 4, the same year.

Services: Fire Insurance

Marine Insurance

Motor Insurance

Engineering Insurance

Cyclone Insurance

Flood Insurance

Earthquake Insurance

Riot & Strike Damage Insurance

Miscellaneous Insurance

Overseas Mediclaims

Cattle Insurance

Address: 219-220 Nawabpur Rd, Dhaka 1100, Bangladesh

Contact No.: +88029550522

Website: http://www.phoenixinsurance.com.bd/

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  1. PRAGATI INSURANCE LIMITED (PIL)

PRAGATI INSURANCE LIMITED (PIL) is a leading private non-life insurance company in Bangladesh. It was established in 1986 by a group of young Bangladeshi entrepreneurs who had earlier launched a Commercial Bank in the private sector also. The Sponsors include Shipping Magnates, Engineers, Road Builders and Top Garment Industrialists.

 The company offers a complete range of general insurance products and services in motor, marine, energy, property and casualty, health, accident and liability areas.

Services: Fire Insurance

 Motor Insurance

 Marine Insurance

 Health & Accident Insurance

 Engineering Insurance

 Aviation Insurance

 Miscellaneouse Insurance

 Our Re-Insurers

 All Risks Insurance

Address: Jess Tower” (2nd Floor), M. K, M K Rd, Jashore, Bangladesh

Contact No.: +88042168896

Website: http://pragatiinsurance.com/

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  1. Central Insurance Company Ltd.

Central Insurance Company Limited being incorporated on the 12th November, 1987, starts operation by virtue of the Certificate of Commencement of Business” issued by Registrar of Joint Stock Companies on the 10th December, 1987. It obtains Certificate of Registration from Controller of Insurance on the 30th of November, 1987. Currently the Company is regulated by Insurance Development and Regulatory Authority (IDRA). Central Insurance Company Limited is one of the leading non-life insurance company in Bangladesh with specialized and significant expertise both in traditional and non-traditional insurance businesses ethically with its dynamic leadership in management. Central Insurance always works hard for all clients to deliver innovative products and services while maintaining a commitment to safety, security and sustainability.

Services: Fire Insurance

Marine Insurance

Motor Insurance

Engineering Insurance

Miscellaneous

Citizen Charter

Address: 7-8, CIC Bhaban (3rd & 4th Floor), Motijheel C/A, Dhaka-1000, Toyenbee Rd, Dhaka 1000, Bangladesh

Contact No.: +8809613777778

Website: http://www.cicl-bd.com/

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  1. Provati Insurance Company Limited

Provati Insurance Company Limited embarked upon its business operation in 1996. Its founder Chairman was Alhaj Moksud Ali, He was also the Chairman of Bhaiya Group of Industries comprising mainly such industries as Nabisco Biscuit & Bread Factory, Dhaka Match Factory, Sattar Match Factory, Hamidia Oil Mills & Pacific Consumer Goods

Services: Fire Insurance

Marine Insurance

Motor Vehicle Insurance

Miscellaneous Accident Insurance

Engineering Insurance

Re Insurance

Unsettled Claim

Address: 17, Alhaj Shamsuddin Mansion, New Eskaton Road, Moghbazar, Dhaka 1000, Bangladesh

Contact No.: +88029341412

Website: http://provati-insurance.com/

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  1. Bangladesh National Insurance Company Limited (BNIC)

Bangladesh National Insurance Company Limited (BNIC) was incorporated in Bangladesh as a public limited company on 21 May 1996 under the Companies Act, 1994 and licensed under the Insurance Act,1938 in order to run all types of general insurance business other than life insurance business. It obtained certificate of commencement of business on 1 June 1996. It got registration from controller of Insurance on 18 June 1996. Presently the Company has been operating its business through 28 branches along with one local office. The branches are located different strategically important areas of the country.

Services: Motor Insurance

Personal Accident Insurance

Overseas Mediclaim Insurance (Health)

Fire Insurance

Marine Insurance

Engineering Insurance

Miscellaneous Insurance

Address: 102- 103, World Trade Center, Agrabad C/A, Chattogram 4100, Bangladesh

Contact No.: +88031721408

Website: http://bnicl.net/

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  1. United Insurance Company Limited (UICL)

United Insurance Company Limited (UICL), established in 1985, has a small Board of Directors consisting of 9 members possessing a wide range of experience in different professional fields. UICL is the only insurance company in Bangladesh having linkage with the associates of the Camellia Plc of U.K. (www.camellia.plc.uk). M/s. Duncan Brothers (Bangladesh) Ltd, an associate of the Camellia Plc. U.K. and Camellia Plc U.K. are the major shareholder of UICL.

Services: Fire Insurances

Marine Cargo Insurances

Marine Hull Insurance

Engineering Insurances

Motor Insurances

Miscellaneous

Address: 102- 103, World Trade Center, Agrabad C/A, Chattogram 4100, Bangladesh

Contact No.: +88031721408

Website:  http://bnicl.net/

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Tajinder Singh

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