Bangabandhu Sheikh Mujibur Rahman was not only the architect of Bangladesh’s independence he was also a well-known and extraordinary “Bima” personality in our insurance sector. On March 1, 1960, he joined as the Bangladesh head of the then Alpha Insurance. As politics was banned officially back then, with wisdom and foresight he chose this sector to keep the wheel of politics active. As a result, while working in the Bima company, he kept people united and motivated and also quietly went on working for establishing their rights.
Phoenix — a first generation insurance company
The Phoenix Insurance Company Ltd. operates as a general insurance company in Bangladesh. On November 27, 1986. Mr. Deen Mohammad, Chairman of the Phoenix Group in association with Maj. Gen. (Retd) Abdul Mannan Siddiqui who was the founder chairman along with a group of entrepreneurs founded the company with a paid-up capital of Tk 30 million. The Company, headquartered in Dhaka, began operation in most parts of the country after obtaining certificate on December 1, 1986 and being registered with the department of insurance on December 4, the same year.
Our Services
Phoenix offers Hull Motor Cargo Travel Marine Engineering Overseas Mediclaim Riot & Strike Damage insurance
Marine Insurance
Marine cargo insurance coverage is given to import of all goods from abroad and inland transport by steamer/lorry/air.
Motor Insurance
We cover three types of tariffs in this country for rating of motor insurance. These are private car, commercial vehicle and motor cycle tariff.
Engineering Insurance
We cover physical loss or damage to property, as well as third party liability related to work conducted on the contract site.
Riot And Strike Damage Insurance
Defined by most state laws as a violent disturbance, riot and strike damage insurance coverage for damage to property resulting from riot and strike damage.
Fire Insurance
We cover all risks against fire incidents, allied perils and consequential loss. Policy may extend to cover riot and strike damages, loss due to malicious acts and atmospheric damage.
Miscellaneous Insurance
Under the Miscellaneous insurance policy, the coverage is given to comprehensive risks for loss of miscellaneous packages.
Mission & Vision
Our mission is to provide unparalleled service, protect our policy holders` interest and contribute to the stability of national economy.
Our vision is to be an innovative, profitable; customer-oriented insurance enterprise with a national focus.
To conduct transparent and high quality general insurance service.
To create best value for customers, shareholders and all stake holders.
To utilize stronger IT-driven initiatives in order to meet the challenges and requirements of the company and its clients.
To improve administrative and organizational configuration in order to prepare the platform for best practices of corporate governance.
To meet the various insurance needs of the community that would arise in the changing social and economic environment.
Our Clients
- Renata Group
- Rangs Motors
- Summit Group
- Partex Group
- Pakiza Group
- Abul Khair Group
Latest News
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