South Asia Insurance Company Limited is one of the pioneers in non-life insurance Companies in Bangladesh and was incorporated as public limited company on 21st December, 1999 under the company Act. 1994 and obtained registration from the former Chief Controller of Insurance, Govt. of the people`s Republic of Bangladesh on December 29, 1999. South Asia Insurance Company Limited obtained renewal of registration from the Insurance Development & Regulatory Authority (IDRA) from 2012.
South Asia Insurance is committed to providing professional services to its valued clients which include reputed national and multi-national conglomerates. Over the years, South Asia Insurance Company has established its track record as a sound and dependable insurer and ready to meet its pledge and commitments by providing insurance solution to the needs of its valued clients. The Board of Directors of South Asia Insurance Company Limited are highly qualified and well reputed business leaders of the the Country. Ms. Rahnuma Ahsan, a highly competent and very well reputed and successful businessman of the Country is leading the Company as its chairman. The qualified and well experienced management team is headed by Mr. Shamser Hassan who is the Chief Executive Officer of the company has over 28 years of working experience in general insurance in diversified areas and have very good reputation in the insurance industry. The Company offers a complete rang of general insurance products and services in motor, marine, energy, property and casualty, accident and liability areas. The company has necessary re-insurance cover from Sadharan Bima Corporation (SBC) for all its products.
To establish our Company as a role model in the non life Insurance Sector in Bangladesh
To conduct business operation with full transparency on ethical standards and to abide by all regulatory laws.