Nitol Insurance PLC. Company Description
Nitol Insurance PLC. provides non-life insurance products and services in Bangladesh. The company offers property insurance, including fire and allied perils, hotel owner’s all risks, property damage all risks, power plant operational package, householders comprehensive insurance products, and industrial all risks insurance.
It also provides motor insurance comprising private vehicle, Nirapod comprehensive private car, commercial vehicle, and motor cycle insurance; agricultural insurance; and marine insurance, including all types of marine cargo and hull insurance products.
In addition, the company offers engineering insurance, including contractor’s all risks; erection all risks; boiler and pressure vessel; machinery breakdown; stock deterioration; life, hoist, and crane; and contractors plant and machinery insurance products.
Further, the company provides miscellaneous insurance products for financial, health, personal accident, and liability, which include cash-in-safe, cash-on-counter, cash-in-transit, safe deposit box, money, Hajj and Umrah, Bangabandhu Suroksha Bima, public liability, product liability, burglary and housebreaking, fidelity guarantee, workmen's compensation, all risks, clinical trials and/or human volunteers studies and commercial general liability products.
Additionally, it offers overseas mediclaim insurance, consisting of business and holiday, employment and studies, and corporate frequent travel; and agro base insurance services.
The company was formerly known as Nitol Insurance Company Limited and changed its name to Nitol Insurance PLC.
in December 2025. Nitol Insurance PLC.
was incorporated in 1999 and is headquartered in Dhaka, Bangladesh.
| Country | Bangladesh |
| Founded | 1999 |
| Industry | Insurance Carriers |
| Employees | 236 |
| CEO | S. M. Karim |
Contact Details
Address: Police Plaza Concord, Tower - 2 Dhaka, 1212 Bangladesh | |
| Phone | 880 2 5504 5202 |
| Website | nitolinsurance.com |
Stock Details
| Ticker Symbol | NITOLINS |
| Exchange | Dhaka Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | BDT |
| SIC Code | 6300 |
Key Executives
| Name | Position |
|---|---|
| S. M. Karim | Chief Executive Officer |
| Mohammad Hossain | Chief Financial Officer |
| Tapas Podder | Chief Operating Officer |