- CEO
- Nemai Kumer Saha
- Full Time Employees
- 506
- Sector
- Finance
- Industry
- Life/Health insurance
- Address
- Dhaka Bangladesh
- Business
- Sandhani Life Insurance Company Limited is a Bangladesh-based financial services and underwriting institution engaged in the provision of conventional life insurance, Islamic Takaful life insurance, micro-insurance, and corporate group insurance solutions. Founded in 1990 and headquartered in Dhaka, Bangladesh, the company operates across the country through an extensive domestic branch network and digital distribution channels, serving retail individuals, rural and low-income demographics, and commercial corporate clients. The company segments its operational underwriting and financial activities into four primary divisions: Conventional Individual Life Insurance, Islami Takaful Insurance, Micro-Insurance and Rural Schemes, and Group Insurance. Its product and service portfolio comprises individual life and endowment policies, including traditional endowment assurance, anticipated multi-payment endowment plans, whole life assurance, single premium policies, child education and marriage endowment assurance, and retirement pension plans; Shariah-compliant Islamic Takaful products, including Hajj Takaful Bima, Denmohar Bima, and profit-sharing Islami endowment schemes; micro-insurance schemes engineered for rural financial inclusion, including Islamic Deposit Pension Schemes (IDPS), Grameen Islamic Deposit Pension Schemes (GIDPS), Deposit Pension Schemes (DPS), Grameen Deposit Pension Schemes (GDPS), and Grameen Sanchay Bima (GSB); and corporate group underwriting covers, including group term life insurance, group accidental death and disability protection, and group medical and hospitalization coverage. Complementing its underwriting portfolio, the company delivers direct-to-consumer digital services via its proprietary i-Life mobile and web platform, facilitating online policy comparison, automated premium calculations, digital policy acquisition, and electronic premium renewal processing. Beyond insurance, the company operates across related financial sectors through its subsidiaries, including Sandhani Asset Management Limited, Sandhani Life Finance Limited, and Sandhani Life Housing and Development Company Limited, providing asset management, portfolio investment, and property development services. In recent strategic developments, Sandhani Life Insurance Company Limited significantly expanded its institutional distribution network by executing key bancassurance partnership agreements with Midland Bank PLC and Community Bank Bangladesh PLC to distribute its retail life and Takaful products across their nationwide banking branch networks, accelerated digital customer acquisition initiatives via ongoing feature upgrades to the i-Life application, and renewed institutional risk and governance evaluations in partnership with the Credit Rating Agency of Bangladesh (CRAB).