Reliance Insurance PLC. Company Description
Reliance Insurance PLC. engages in the non-life insurance business in Bangladesh. It operates in four segments: Fire, Marine, Motor-Cargo & Hull, and Miscellaneous.
The company offers engineering insurance comprising machinery breakdown, deterioration of stocks, boiler and pressure vessel, electronic equipment, erection all risks, contractor’s all risk, oil and gas well drilling equipment package, work plant, hotel owners’ all risks, and contractors' plant and machinery; motor insurance for commercial, private, and specialized motor vehicles; and group health insurance.
It also provides overseas Mediclaim products for business and holiday, corporate frequent travel, and employment and study; marine cargo insurance for transit by steamers or powered vessels, rail/lorries/trucks, inland rail or road, inland cargoes (water borne), and air cargoes; marine hull insurance for total loss only and inland time clauses hull; builders' risks insurance; and liability insurance, such as product, public, and commercial general liability.
In addition, the company offers property insurance products comprising fire insurance, including allied perils; property damage all risks insurance; industrial all risks insurance, such as business interruption; and comprehensive machinery insurance.
Further, it provides miscellaneous insurance, such as burglary, money, cash in safe, cash in transit, cash on counter, cash in premises, fidelity guarantee, directors’ and officers’ liability, workmen’s compensation, employer’s liability, marine terminal operators liability, bankers’ blanket bond, personal accident, cyber, aviation – aircraft hull, sabotage and terrorism, crop, bancassurance, livestock, sports, agent banking, clinical trail, hole-in-one/event cover, and professional indemnity.
The company offers its products online. It serves personal, commercial, and industrial clients.
Reliance Insurance PLC. was incorporated in 1988 and is headquartered in Dhaka, Bangladesh.
| Country | Bangladesh |
| Founded | 1988 |
| Industry | Insurance Carriers |
| Employees | 247 |
| CEO | Mohammad Mamun |
Contact Details
Address: Reliance Insurance Tower Dhaka, 1212 Bangladesh | |
| Phone | 880 22 2660 1940 |
| Website | reliance.com.bd |
Stock Details
| Ticker Symbol | RELIANCINS |
| Exchange | Dhaka Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | BDT |
| SIC Code | 6300 |
Key Executives
| Name | Position |
|---|---|
| Mohammad Mamun | Chief Executive Officer |
| Badal Rajbangshi | Chief Financial Officer |