Pioneer Insurance Company Limited (Bangladesh)

Pioneer Insurance Company Limited is a non-life insurance company located in Dhaka, Bangladesh. It was established in 1996 by a group of renowned entrepreneurs. The company is known for its innovative products and plans in the non-life insurance industry. It has gained a reputation as one of the most reputed and prominent names in the sector. Pioneer Insurance Company Limited is one of the "Big Three" non-life insurers in Bangladesh in terms of gross direct premium and financial base. The company is publicly traded and has an authorized capital of Tk.200 million and a paid-up capital of Tk 60 million, which has now increased to Tk 1,000 million and 699.81 million respectively. Pioneer Insurance Company Limited is listed on the Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. It has been declaring dividends every year since its inception. The company has a wide branch network in major cities and towns of Bangladesh, ensuring timely service to its customers. It has been assigned an "AAA" rating by Alpha Rating, indicating an exceptionally strong claims paying capacity. Pioneer Insurance Company Limited is known for its visionary leadership. The company provides its services to prominent national and multinational companies operating in various sectors such as pharmaceutical, chemical, textile, cement, services (telecommunications, hospitals, hotels), energy, manufacturing, engineering, banking, and financial sectors. Pioneer Insurance Company Limited has a dedicated and highly professional workforce, supported by qualified, experienced, and technically sound executives.