Pragati Insurance Limited (PIL) holds a prominent position as a leading private non-life insurance company in Bangladesh, marking its inception in 1986 through the collaboration of forward-thinking Bangladeshi entrepreneurs. Notably, this visionary group had previously introduced a private sector Commercial Bank. PIL's influential sponsors span various sectors, including shipping, engineering, road construction, and garment industries, with the esteemed participation of Hosaf Group among its sponsor directors. The company's overarching vision is to establish itself as a trailblazer within the non-life insurance sector of the nation. This ambitious pursuit revolves around the fundamental principles of delivering swift and courteous services to its clients, all underpinned by a steadfast code of conduct that champions integrity, performance, and personal growth. This holistic approach to business not only ensures client satisfaction but also seeks to elevate the company's standing in the industry, driven by continuous efforts to bolster its financial strength and profitability. What sets PIL apart is its robust foundation, evident in its strong capital base and strategic reinsurance partnerships with highly regarded national and global reinsurance companies. Bolstered by substantial reserves, a well-balanced portfolio mix, and a consistent growth trajectory in gross premium, PIL's stock market performance continues to thrive, reflecting its resilience and strong market position.
