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27 January 2023

Business Insider Bangladesh

Sonali Life Insurance achieves Tk 500cr premium mark

BI Report || BusinessInsider

Published: 21:32, 5 December 2022  
Sonali Life Insurance achieves Tk 500cr premium mark

Photo: Courtesy

Sonali Life Insurance Company has successfully crossed Tk 500 core mark in terms of collecting premiums for the current year.

To mark the achievement, the company arranged a colourful event titled “500 Crores Celebration” at the Pan Pacific Sonargaon Hotel in the capital on Sunday.

Mohammad Jainul Bari, Chairman, IDRA graced the grand even as the chief guest while the President of Bangladesh insurance Association (BIA) Sheikh Kabir Hossain was present as the guest of honour.

Renowned Industrialist, former President of BGMEA and the founder of the Sonali Life Insurance Mostofa Golam Quddus presided over the programme while Moinul Alam, member (administration), IDRA; Md Dalil Uddin, member (law), IDRA; and Md Nazrul Islam, member (non-life) attended the event as special guests.

IDRA Chairman Jainul Bari, while addressing, said insurance companies like Sonali Life Insurance have been trying to maintain an optimum level of compliance that has contributed in bringing about positive changes in the industry.

CEO of Sonali Life Insurance Mir Rashed Bin Aman presented a keynote paper focusing on the overall activities, growth picture and innovative products of the company while the Director of the company Sheikh Mohammad Daniel, Additional Managing Director of Rupali Life Insurance Fauzia Quamrun Tania also spoke on the occasion

Members of the board of Directors, senior officials, FAs and the achievers of the company were present in the grand gala celebration.

While delivering speech, Sonali Life Insurance CEO Rashed Bin Aman said that the one only way to bring about changes in the insurance industry is by establishing trust in the mind of clients and safeguarding their deposits with honesty and accountability.

“Sonali caters to the growing and changing demands of diverse range of customers with its innovative and time-befitting products also maintains transparency and accountability in all the spheres of its activities at all of its more than 140 branches across the country,” Aman said.

Director of Sonali Life, Sheikh Mohammad Danial said “It is our commitment to IDRA that we will always continue to maintain the highest standard compliance of IDRA’s regulations and become the shinning national example of success through discipline in the insurance sector”

CEO of Sonali Life, Rashed Bin Aman further said that the main success of Sonali Life comes due to its trustworthiness and for settling claims within seven day’s from the due dates. The company has so far settled more than 35,000 insurance claims and all of them were done within the stipulated time.

At the later part of the celebration, a grand rendition of music by a good number of popular artists of the country was held and the program ended with dinner.