Green Delta Insurance Company Limited (Bangladesh)

Green Delta Insurance Company Limited is a general insurance institution located in Dhaka, Bangladesh. It was established in December 1985 by Mr. Nasir A. Chowdhury, a prominent figure in the insurance industry. The company has played a significant role in the growth and development of Bangladesh over the years. Currently, the company is led by Ms. Farzanah Chowdhury, who serves as the Managing Director and Chief Executive Officer. Under her leadership, Green Delta Insurance has focused on industry reform, improving customer outreach, service standards, product innovation, claims management, and legislative development. Green Delta Insurance holds the largest market share in the general insurance sector in Bangladesh. It has a strong network of 39 branches across the country, enabling business origination and acquisition. The company has a consolidated sum insured of over 3 trillion and has been awarded a credit rating of "AAA" and "ST1" by CRAB, indicating its strong financial position. Green Delta Insurance has also established partnerships with various organizations, including the World Bank Group's International Finance Corporation (IFC). It has a presence in the equity market and has invested in companies such as Delta BRAC Housing Ltd., Progressive Insurance Co. Ltd., United Hospital Ltd., Fin Excel Ltd., and BD Venture. The company has subsidiaries that operate in the financial services space, including Green Delta Securities Ltd., Green Delta Capital Ltd., Professional Advancement Bangladesh Ltd., and GD Assist Ltd. These subsidiaries offer a range of services, including stock brokerage, investment banking, professional training in insurance, and healthcare tourism services. Green Delta Insurance has received numerous awards and recognition for its contribution to the insurance industry and its commitment to high standards of service. It has been ranked among the top 500 businesses in Bangladesh by Dun & Bradstreet Rating Agency Bangladesh Ltd. The company has also received national and international awards, including the "ICAB National Awards" for Best Published Accounts and the "ICMAB" Best Corporate Awards. With a dedicated team of over 600 employees, Green Delta Insurance serves a wide range of customers, including individuals and corporate clients. The company offers various insurance products and services, such as motor insurance, overseas mediclaim insurance, personal accident insurance, micro insurance, and comprehensive insurance programs for different segments of the population. Green Delta Insurance is committed to digitalization and aligning with the government's initiatives for a more digital-savvy future.