Green Delta Insurance is a longstanding general insurance institution of Bangladesh, commencing operations in December 1985 and incepted by the legendary Mr. Nasir A. Chowdhury.
Green Delta Insurance is a longstanding general insurance institution of Bangladesh, commencing operations in December 1985 and incepted by the legendary Mr. Nasir A. Chowdhury, an eminent pioneer of insurance in the country who currently serves in an Advisory capacity in the company.
Thus, the organization’s history is interwoven with the history of Bangladesh, with the company contributing to the growth and development of the nation over the decades, helping fulfill the government mandate of the people of the republic.
The company is helmed today by Ms. Farzanah Chowdhury, Managing Director and Chief Executive Officer, a pioneer in her own right, being a Chartered Insurer and a Member of the G100, an influential group of 100 women leaders from across the world. Together, they have been at the forefront of change in industry reform in terms of customer outreach, service standards, product innovation, claims management and legislative development.
Green Delta Insurance is the largest general insurance company of Bangladesh and has held this exalted position over sustained periods of time, thereby reflecting its robust competitive differentiators in an intensely competitive sector. One of the biggest strengths of the company is a deep and well-covered network comprising 39 branches that enables business origination and acquisition from across the country.
As on 31 December 2022, the company had amassed a consolidated sum insured of more than 3 trillion, with an enviable credit rating of “AAA” and “ST1”, which is not only a testament to its well-capitalized financial position, but also best-in -class fiscal and operating ratios.
Green Delta Insurance is also the
first insurance company of Bangladesh
to create a successful partnership with
the World Bank Group’s International
Finance Corporation (IFC). Over time,
the company has established a
prominent presence in Bangladesh’s
equity market with participation in
Delta BRAC HousingLtd., Progressive
Insurance Co. Ltd., United Hospital
Ltd.,Fin Excel Ltd., and BD Venture
Furthermore, the company has
also fostered a dynamic presence
in the financial services space through Health Insurance, All risk Insurance,
its multiple direct subsidiaries:
• Green Delta Securities Ltd.
• Green Delta Capital Ltd.
• Professional Advancement
Bangladesh Ltd.
• GD Assist Ltd.
Together, these subsidiaries operate
the core insurance business and provide
a wide range of offerings, including stock
brokerage and investment banking
services, professional training in
insurance, etc. One of the subsidiaries,
GD Assist Ltd., has strategically
branched out into offering healthcare
tourism services through its wide
hospital and medical network located
in the major healthcare tourism hubs
of the world.
In acknowledgement of its deep multi- decade contribution to the development of the insurance industry and its commit ment to maintaining high standards of ser vice,Green Delta Insurance has been bestowed with multiple awards and recognitions over time. For instance, Dun & Bradstreet Rating Agency Bangladesh Ltd. has ranked the company among the top-500 businesses in Bangladesh. The company also received numerous national and international awards including the prestigious “ICAB National Awards” for Best Published Accounts, “ICMAB” Best Corporate Awards, “ICSB” Cor Portae Governance Excellence Award. Winner Of the “Best presented Accounts Award” from “South Asian Federation of Accountants (SAFA)” And “International Quality Crown Award” from BID International in London.
Green Delta Insurance has spawned into a large and thriving family of distinguished Board members, 600+ dedicated employees, numerous valued clients and thousands of esteemed shareholders.
Green Delta Insurance is the first Bangladeshi non-life insurer to introduce a retail insurance division. The department was established under the overarching and nationalistic motto of “Insurance for All.”. The company has a wide product and services suite that meets a comprehensive range of customer needs, and affordability markets standards, serving both individual as well as corporate clients. Some of the major product lines in the segment include: Motor Insurance, Overseas Mediclaim Insurance, Personal Accident Insuranc People’s Personal Accident Policy Nibedita- a comprehensive insurance. Products and insurance services under Retail and SME include: Niramoy, a micro insurance, Shudin, a micro insurance program for garment workers, Weather Index-based crop insurance for farmers Probashi- A comprehensive insurance program for migrant workers. we were amongst the first to partner the Government in project named “Shasthyo Surokhsha Karmashuchi” To ensure robust standards in digital insurance, the company possesses robust IT insurance aligned with Government’s recent initiatives “Digital Bangladesh”. Comprising a more digital-savvy future
In addition, the company has also been honored with “BIZ Award” by the World Confederation of Business USA, for leadership.” Diamond Eye Award for Quality & Excellence” by BID OTHER WAYS, “Platinum Technology Award for Quality & Best Trade Name” by Association other ways in Berlin. “International Star Award for Leadership in Quality in Gold, Platinum and Diamond category. “The World Finance Award” for For best Non-life insurance Company in Bangladesh. “The amongst many Others
To maximize shareholders value through customer's complete Satisfaction and employee's commitment to excellence.
We will always endeavour to provide our customer with innovative products and services that respond best to their needs. Building trust and fostering strong relationships are the essence of who we are with an aim to cover insurance for everyone.
We will always endeavor to provide our customers with innovative products and services that best respond to their needs. Building trust and fostering strong relationships are the essence of who we are with an aim to cover insurance for everyone.
We believe that customer interests must stand at the centre of our all activities. We serve their needs by leveraging our robust risk management framework and providing cost effective and personalized services.
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