Mission & Vission
The insurance industry in Bangladesh has transformed considerably since the establishment of Insurance Development and Regulatory Authority of Bangladesh. The Industry is poised for radical evolution in times to come due to changes in the overall economic environment, its bearing on the financial sector and related need for risk management. Bangladesh Insurance Association recognizes its role in the changing business environment by articulating the following vision and mission.
To be the industry leader by building customer satisfaction through fairness, transparency and quick response. We have been providing stability and reliability to our clients since 2000 to help them live their lives with confidence give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
A sustainably profitable and growing non-life insurance industry in Bangladesh.
An industry trusted and recognized as contributing to society and the economy.
An economic and public policy climate conducive to a flourishing industry.
A body (DGIC) recognized as providing active leadership and an authoritative collective voice for the non-life insurance industry in Bangladesh.
To provide leadership on issues having a bearing on the industry’s collective strength and image and to shape and influence decisions made by the Government, regulator and other public authorities, within the country, in order to benefit the industry collectively. This will be achieved on an active, collective and non-competitive basis by
Pro-active analysis and lobbying to secure improvement in the legal and regulatory framework.
Analysis and representations in response to initiatives from others which affect the industry.
Being recognized as a leading contributor to public policy thinking on issues relevant to non-life insurance industry.
Presenting a positive image of the industry to the public, the media and other opinion-formers.
Providing leadership and guidance to the industry on issues which may affect its public image and reputation.
Maintaining a core secretariat with staff of high caliber and relevant skills drawn from the industry on project to project basis, working under the guidance of the Board and its committees, focused on delivering the mission.
We have been providing stability and reliability to our clients since 2000 to help them live their lives with confidence give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy. DGIC will provide other services to member companies which benefit the industry collectively; which support the mission; which can be provided without diversion of resources from the core functions; and which cannot be done more effectively by any other bodies.
