Green Delta Insurance Company Limited

Green Delta Insurance Company Limited (GDIC) is the largest and pioneering general insurance company in Bangladesh. GDIC was incorporated in December 14, 1985 as a public limited company, under the Companies’ Act 1913 and its operation commenced on 1st January 1986, with a paid up capital of BDT 30.00 million. Now, Green Delta Insurance Company Ltd. has amassed more than BDT 887 million with the highest credit rating of AAA (long term) and ST1 (short term) as the first Insurance Company in Bangladesh. Green Delta is also the 1st Insurance Company in Bangladesh to have equity partnership with International Finance Corporation (IFC) of World Bank Group. With a presence in the strategically important parts of the country, which includes 43 branches, Green Delta Insurance Company has established its prominent presence with equity participation in Delta BRAC Housing Ltd., Progressive Life Insurance Co Ltd, United Hospital Ltd. FinExcel Ltd. and BD Venture Ltd. Green Delta Capital Ltd., Green Delta Securities Ltd., Professional novating different products targeted towards niche segments of the society and digitizing the insurance buying process, Green Delta Insurance is also the first in Bangladesh to launch Weather Index-based Agricultural Insurance and Livestock Insurance with an aim to mitigate farmers’ risk and shield their investments. After a glorious journey of more than 3 decades in the Insurance sector, Green Delta Insurance Company Limited has now become a big family of visionary board members, 600+ committed staff, numerous valued clients from all walks of life and thousands of esteemed shareholders. By now, Green Delta has been able to uphold the brand image as a prompt claim settler, superior service provider, and diversified product supplier – almost like a one stop solution provider in the non-life insurance sector in the country.
 

Besides offering mainstream insurance products, Green Delta Insurance Company is an active operator and collaborator of different pilot initiatives of the government. In order to ensure universal healthcare, Bangladesh Government has taken up a timely initiative named ‘Shashtha Suroksha Karmashuchi’ (SSK) to provide health insurance to the poor, who are living below the poverty line. ‘Shashtha Suroksha Karmashuchi’ (SSK) is a project of Health Economics Unit under Ministry of Health & Family Welfare and Green Delta Insurance is the scheme operator for the whole project. Moreover, Green Delta is eyeing the scope of digital insurance and has initiated online payments services in 2018 to make the payment methods easier for its customers and have heavily invested to build up a strong
IT infrastructure to be aligned with government’s recent approaches towards a more digitalized and greener future.
 

Green Delta Insurance has maintained its market leadership and supremacy over the journey of these 34 glorious years with the vision to build a secure Bangladesh. During this time, Green Delta Insurance gained many recognition because of transparency of financial reporting, strong corporate governance, professionalism, and innovative activities. As the first insurance company in Bangladesh, Green Delta Insurance Company  sector in the country.
 

Besides offering mainstream insurance products, Green Delta Insurance Company is an active operator and collaborator of different pilot initiatives of the government. In order to ensure universal healthcare, Bangladesh Government has taken up a timely initiative named ‘Shashtha Suroksha Karmashuchi’ (SSK) to provide health insurance to the poor, who are living below the poverty line. ‘Shashtha Suroksha Karmashuchi’ (SSK) is a project of Health Economics Unit under Ministry of Health & Family Welfare and Green Delta Insurance is the scheme operator for the whole project. Moreover, Green Delta is eyeing the scope of digital insurance and has initiated online payments services in 2018 to make the payment methods easier for its customers and have heavily invested to build up a strong