Bangladesh General Insurance Co. Ltd.

Bangladesh General Insurance Company Ltd. or BGIC Lid is the first private sector gene company in Bangladesh was founded by Late MA Samad BGIC was incorporated as a public imited Company and started Non- Life Insurance business since 1985 with an authorized capital of Th 100 million divided into 1,000,000 ordinary shares of Tk 100 each. The Company runs the business operation under the supervision of Board of Directors and Legal frame work of the insurance Act, 2010 and the Insurarice Rules, as issued from time to time. BGIC is listed with both Dhaka and Chittagong Stock Exchanges, BGIC hars since developed substantially with all the strengths and details prudently essential of an insurance Company. It is primarily staffed with professionals of longest experience, qualified insurance technocrats of highest order of international repute and a team of highly educated and skilled personnel of commendable status. The equity structure of the Company was carefully selected, not only for the financial benefit, but to support the growth of a dynamic company with the goal of being a major player both in the domestic and international insurance markets BGIC's vision is to provide expertise in risk evaluation and risk mitigation leading to the most appropriate risk transfer solution BGIC is among a very few Bangladeshi companies that have achieved an international recognition. The renowned stock broker SMITH NEW COURT in its Investment Recommendations on BGIC, written and circulated globally, has, amongst other things, identified BGICs supernonty in the insurance industry in the field of Steady Growth, Efficient Settlement of Claims, High Investment Yield, Solid Financial Health, and Management. Further they have identified BGIC as a "Clear Market Leader" amongst priate sector companies writing non-life business. BGIC is also the only insurance company to receive the 'DSE" National Award of the Top Ten Companies of the country, BGIC has received FNS Business Award in 2004 as the Best General Insurance Company in private sector Presently BGIC have 43 branches over the country. Mr. Towhid Samad is the Chairman of the Board of Director and Mr. Ahmed Saifuddin Chowdhury is the Managing Director and CEO of the Company