Federal Insurance Company Limited


expert knowledge and diverse d of Directors of the Company Federal Insurance Company Limited is a name in the field of Insurance Industry in Bangladesh representing a perfect coroination of consists of leading Industries, exporters importers and businessmen of the country who play major role in se experience. The Board the sphere of trade, commerce and industry including insurance business. The Company was registered on The 11 November, November 1987 Registration Certificate on the 17 November 1987 and was formally inaugurated on the 20 November, 1987 as Public Limited Company under the companies Act. 1913 and Obtained Insurance for underwriting Manne Fire, Motor, Personal Accident, Avation and Miscellaneous Insurance The company's initial paid up capital was BOT 30.00 milion only The shares of the company are listed with both Dhaka and Chittagong stock exchanges as a publicly quoted company At present the company has been operating its business through 30 branches located at different strategically important areas of Bangladesh Stepping at its 35th birthday Federal Insurance Company Limited has now become a big family of 20 respected board members 26 dedicated senius management members. 430 committed staff, numerous valued clients and thousands of esteemed sharsholders with paid up capital of company has also been rated "AA" by the Credit Rating Information and Services Limited (CRISL) for BOT 710.40 million. The its high claim paying ability with strong protection factors supported by good financial performance and sound solvency position Renowned Insurance Personality and first Commerce Minister of the People's Republic of Bangladesh late Mr. M. R. Siddiqi was the founder Managing Director of the Company and Mr. AMM. Mohiuddin Chowdhury is the present Managing Director & CEO The vast experience of the members of the Board of Directors of the Company, their financial standing. personal image and social status coupled with technically qualified, highly experienced and dedicated management teams have made this Company one of the leading private general insurance organizations in this country within a very short period Our Mission is to keep the customer satisfaction as focal point of all our operations implement the best international practices in underwriting, claims and customer service, be the most innovative in product development, establish presence all over Bangladesh, ensure sustained value addition to all stake holders and to uphold Corporate Value & Corporate Governance