Sunlife Insurance Company Ltd.

Sunlife Insurance Company Public Limited Company, which started its journey with a paid up capital of Te Crore & authorized Capital Tk. 20 crore in 2013 the company listed with stock exchanges through IPO and ad its paid up capital to Tk. 35.78 (up to 31.12.2021) The comparty established in March 2000 by late Col AM PSC who was the founder Chairman of the company and also the then Mayor of Dhaka City Corporation and Minister of The Peoples Republic of Bangladesh. After the sudden demise of Cot A Maleque on 18th July 2000 fs son Mr. Zahid Maleque MP became the Chairman of the company and was continued as Chairman of the company 1 his joining as Minister of The Peoples Republic of Bangladesh, at Ministry of Health & Family Welfare. Now the daughter of Late Col. A Maleque & younger sister of Mr. Zahid Maleque MP Prof. Rubina Hamid has become the Chairperson of the company. The Company is now working all over the country with the 7 (seven) Projects: viz 01. Ekok Bima 02. Islami Ekok Bima (Takaful) 03 Islamic Adarsha Bima 04. Ganomukhi Bima 05 Lokomukh Bima 06 Islamic Asaan Bima & 07. Group Bima. The Company works with around 29,520 field forces. Out of the above the projects Islami Ekok Bima (Takaful Islam Asaan Bima & Islami Adarsha Bima are running with the idea of Islamic Sharis under the guidance of Islamic Shana Council. Sunlife Insurance Company Limited is helping the people with the slogan Devoted to enrich your life wherever you are" The Company is now working with a group of professionals and its IT infrastructure is quite sufficient to provide prompt services to the stakeholders, Life fund of the Company as on 31.12.2021 is Tk. 126. 05 Crom with credit rating rated 8883 To ensure better service to the policyholders the company decentralized the claim payments activities to servicing cell decentralized offices. To decrease the policy laps ratio company has set up a call center during the year 2021, 08 employees are working in the call Centre to expedite service as a routine work, they communicate with the policyholders through mobile phone, wish them in their different memorable days like their birthday, marriage day, etc. The Moto of the company is to secure quality business, sustain higher enforce policy ratio and managing the management expenses within the allowable limit with a view to declared a handsome policy bonus as well as dividend. As per instruction of IDRA to evaluate the financial performance, policy liability, policy data reconciliation & management expenses within the limit management of the company established an Actuarial Department headed by an expert in this line. Management is hopeful that within short time company will reach a good performer compared to other Life Insurance Companies