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Sonali Life celebrates Tk500cr premium achievement

Staff Correspondent
07 Dec 2022 00:02:59 | Update: 07 Dec 2022 17:02:05
Sonali Life celebrates Tk500cr premium achievement
Founder of Sonali Life Insurance Company Mostofa Golam Quddus hands over a crest to Insurance Development and Regulatory Authority Chairman Mohammad Jainul Bari at an event celebrating the insurance company’s Tk500cr premium collection at a city hotel in the capital on Sunday — Courtesy photo

Sonali Life Insurance Company has successfully crossed the prestigious level of Tk 500 crore mark in terms of collecting premium of the company for the current year of 2022.

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

Insurance Development and Regulatory Authority of Bangladesh (IDRA) Chairman Mohammad Jainul Bari, attended the event as the chief guest while Bangladesh insurance Association (BIA) President Sheikh Kabir Hossain was present as the guest of honour.

Former President of BGMEA and also founder of Sonali Life Mostofa Golam Quddus presided over the programme attended by IDRA Member (Administration) Moinul Alam, IDRA Member (Law) Md Dalil Uddin, and IDRA Member (Non-Life) Md Nazrul Islam as special guests.

At the event, IDRA Chairman Jainul Bari said Sonali Life has been trying to maintain optimum level of compliance that has contributed to bring about positive changes in the industry. 

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

Members of the board of directors and senior officials of the company attended the grand gala celebration.

Rashed Bin Aman said that the one and only way to bring about changes in the insurance industry is establishing trust in the mind of clients and safeguarding their deposit with honesty and accountability.

“The main success of Sonali Life comes from settling claims within seven days of the due dates. The company has so far settled more than 35,000 insurance claims within the stipulated time,” he added.

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

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.