Union Insurance Company Limited
  • 02-9556537, 9559219
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Services We Provide
Engineering Insurance
Motor Insurance
Marine Insurance
Miscellaneous nsurance
Fire Insurance
Value Added Services
The Company

 

Union Insurance Company Limited has been incorporated as a public Limited Company under Company Act 1994 and obtained the Certificate of Commencement from the Registrar of Joint Stock Companies and firm, Government of the People’s Republic of Bangladesh. The Chief Controller of Insurance, Government of the People’s Republic of Bangladesh has also accorded registration to transact all classes of General Insurance Business and we are in this sector since 24th August, 2000 and acquired good name over a short period of our existence. 

Capital Structure: 

The Capital Structure of the Company is as follows:

1. Authorized Capital        : Tk. 100,00,00,000.00 
2. Paid up Capital              : Tk. 25,253,532.00

Management:
The Company is staffed by very experienced ad technically qualified personal poise to offer best of protection and services to our valued Clients. Our Chief Executive Officer Mr. Talukder Md. Zakaria Hossain has long 26 years of Insurance experience. 

Management List: 

1.

Talukder Md. Zakaria Hossain

- Managing Director & Chief Executive Officer.

2.

Shafquat Moula

- Manager & Company Secretary.(C.C)

3.

Mr. Md.  Abdur Rahim

- Executive Vice President & In-Charge
- Branch Control Departme

4.

Mr. Mohd. Azad Hossain

- EVP & In-Charge
- Claims & Re-Insurance Department.

5.

Mr. Anisul Islam Khan

- Executive Vice President & In-Charge
- Audit & Chief Financial Officer (CFO).  

6.

Mr. Ashraful Haque

- Executive Vice President 
- Administration Department.

7.

Mr. Mahfuz Uddin Ahmed

- Vice President & In-Charge
- IT Department.  

8.

Ms. Bilkis Khanam

- Vice President
- Underwriting Department. 

9.

Mr. Amir Hossain Talukder

- Vice President
- Underwriting Department.

 


Re-Insurance Protection: 
We have executed Re-Insurance Treaty with Sadharan Bima Corporation and have obtained adequate Re-Insurance coverage from them. Our Business is fully protected under the said cover and therefore, we are in a position to underwrite any amount of risk with confidence.

Claim Settlement: 
Our Company always attaches topmost importance on prompt settlement of Claim.

Credit Rating: 

WASO Credit Rating Company (BD) Ltd. has assigned Rating to Union Insurance Company Ltd is as AA2.