Company Profile Sena Kalyan Insurance Company Ltd. HEAD OFFICE 22, KAWRAN BAZAR,(4 th & 5 th Floor) C/A DHAKA-1215. info@senakalyanicl.com www.senakalyanicl.com
Contents Page No. Background 1 Management 1 Board of Directors 2 Executives of the Head Office 3 Capital Structure 4 Classes of Business 5 Re-insurance protection 6 Claim Settlement 6 Our Commitment 6 List of Valued Clients 7 Branches/Booths 8
Page No.1 Background Sena Kalyan Insurance Company is the most recent concern of Sena Kalyan Sangstha of Bangladesh Armed Forces, what has already emerged as one of the most viable industrial organizations of Bangladesh. Born through the Great War of Liberation, Bangladesh Armed Forces have earned a time tested confidence of the people of the country and with that sky high image, Sena Kalyan Insurance Company Limited will be able to serve all sections of the people by upholding the principles of transparent perception and corporate practices in the fields of insurance. This being yet another entity of Sena Kalyan Sangstha, a renowned brand name in the world of business, will add value to the existing bondage between the partners and the organization alike. You shall be happy to know that the new member of the Insurance Industry of Bangladesh has commenced its business since 10 September 2013 Management The management of the company consists of highly trained professionals, who are committed to providing with the best possible risk management schemes to our valued business partners. The Board of Directors and the share holding structure of the company is unique in nature in the context of our Insurance Industry. The Chairman of the company is a serving general of Bangladesh Army, while all the directors are ex officio members of the board. Sena Kalyan Sangstha being the sole sponsor of the company owns all its shares till now. Such viable sponsor allows expected flexibility to the management to establish excellent credibility in the Insurance Industry of Bangladesh. You shall certainly be happy to know that Sena Kalyan Sangstha is absolutely a welfare oriented organization what is designed to undertake and nourish various welfare projects dedicated for the distressed members of retired Armed Forces community. Hence, you may be encouraged to be a part of this noble imitative. Sena Kalyan Insurance Company cordially invites you to be our valued partners through availing the best possible risk management schemes for your business and affiliated facilities.
Page No.2 BOARD OF DIRECTORS: Chairman Vice-Chairman Director : Major General Md Shamsul Haque, psc : Brigadier General Anwar Shafique, psc : Brig Gen Khan Abu Roushan Md Mostafa kamal, ndc,psc representing Sena Kalyan Sangstha. Director Director : Colonel Md Zakir Hossain,psc : Wing Cdr Mostaque Helalur Rahman Director : Brigadier General Md Shafique Shamim, psc (retd) - representing Sena Kalyan Sangstha. Director (Independent) Director (Independent) : To be co-opted from amongst eminent bankers. : To be co-opted from amongst eminent financial Personnel.
Page No.3 EXECUTIVES OF THE HEAD OFFICE Managing Director/Chief Executive Officer : Mohammad Masaddequl Haque Deputy Managing Director/Chief Operation Officer : Brig Gen Md Shafique Shamim,psc (retd) Head of Marketing Department Head of HR & Admin Department Head of Underwriting Department Head of Clime & Re-insurance Department Head of Information Technology Department Head of Accounts Department : Lt Col Shafiqul Alam (retd) : Maj. Md Mir Murad Ali (retd) : Mr. Pronob Kumar Saha : Mr. Tajul Islam : Shakhawat Hossain : Maloy Kumar Saha
Page 4 CAPITAL STRUCTURE: The Company has a strong capital base having sufficient security deposit with Bangladesh Bank ensuring a safety value for the company's clientele. The capital structure is as follows: Capital Structure: The authorized capital of the company is Taka 1000000000.00 (One hundred crore) only divided into 100000000.00 (Ten crore) ordinary shares of Tk. 10.00 each. The Company started its business with a paid up capital of TK.400.00 million. Within 03 years the company will offer shares to the public in a way that Sena Kalyan Sangstha s (SKS) share holding is 60% and the remaining shall be held by the public. Shareholding Structure: Sena Kalyan Insurance Company has a unique share holding structure where all the shares are owned by SKS through its nominated ex-officio members till now. AUDITORS OF THE COMPANY: Mahfeel Haq & Co. Chartered Accountants BGIC Tower (4 th floor) 34 Topkhana Road
Page 5 CLASSES OF BUSINESS: We transact all types of General insurance Business. The company's policies are liberal contracts free from restrictive conditions and the premiums charged are strictly moderated consistent with absolute security. Businesses being transacted are as follows: Fire Business : 1. Fire and its allied perils Insurance (Riot Strike & Damage, Flood, Cyclone, Earthquake) 2. Industrial All Risks Insurance 3. Property All Risks (PAR) Insurance 4. Hotel Owners All Risks Insurance (HOAR) 5. House Hold Insurance (Fire & Earthquake) Marine Business: 1. Marine Cargo (Transit by Steamer/Powered Vessel, Rail/Lorry/Truck, Air) 2. Inland Transit Insurance (Rail/Road, Water Borne) 3. Marine Hull (Total Loss Only/TLO, Sue & Labour) Engineering Business: 1. Boiler and Pressure Vessel Insurance (BPV) 2. Deterioration of Stock Insurance (DOS) 3. Contractors All Risks Insurance (CAR) 4. Contractors Plant & Machinery Insurance (CPM) 5. Erection All Risks Insurance (EAR) 6. Machinery Breakdown Insurance (MBD) 7. Power Plant All Risk Insurance 8. Electronic Equipment Insurance (EEI) Motor Business (Comprehensive/Act Only Liability Insurance): 1. Motor Cycle 2. Private Vehicle 3. Commercial Vehicle Aviation: 1. Hull Insurance 2. Liability Insurance 3. War Insurance Miscellaneous Accident Insurance: 1. Overseas Mediclaim ( Holiday, Study & Employment ) 2. Health Plan Scheme ( Hospitalisation ) 3. Burglary & House breaking Insurance 4. Cash in safe 5. Cash in Transit 6. Cash on counter 7. Personal Accident Insurance 8. Fidelity Guarantee Insurance 9. Product/Public Liability 10. Workmen s Compensation Insurance
Page 6 RE-INSURANCE PROTECTION: We have started our journey to give financial safety & security of our clients. Our valued clients have nothing to worry of the insured s property. We have good Treaty arrangement with Sadharan Bima Corporation and from the very beginning we are taking proper re-insurance protection from them. At present, hundred per cent of the total portfolios of the company is re-insured with the stateowned Sadharan Bima Corporation, Bangladesh, the only re-insurer of the country. Besides, we obtain Facultative re-insurance beyond our Treaty from SBC and looking forward to arranging reinsurance coverage with some noted overseas Re-insurers. CLAIM SETTLEMENT: As a sincere & disciplined Army owned organization, we always believe that prompt settlement of claims is the most important strategy to procure insurance business as well as instilling confidence among the clients. Bearing this strategy in mind we give priority to provide quick services to the clients in the event of loss of their properties under the scope of Insurance Policy. OUR COMMITMENT: a) Prudent Underwriting. b) 100% Re-insurance protection. c) Prompt Settlement of Claims. d) Friendly relations with valued clients.
LIST OF THE VALUED CLIENTS: Page 7 We have already established business relationship with reputed business houses including Multinational companies of Bangladesh. To mention the names of a few of those organizations of Dhaka & Chittagong Zone: Bashundhara LP Gas United Hospital Ltd Sena Kalyan Sangstha Bashundhara Industrial Complex Trust Securities & Logistic Services CSD Bangladesh Mongla Cement Factory Trust Bank Ltd. Summit Communications Ltd Chittagong Flour Mills Fauji Flour Mills Diamond Food Industries Sena Hotel Development Ltd. Radisson Blue Water Garden Hotel Hotel International Ltd. Bluestar Services Asian Power Generation Savoy Ice Cream Factory Sena Filling Station(C.N.G), Khondokar Group Sea Resources Ltd. PEB Steel Alliance Ltd Robust International Sena Kalyan Electric Industry BRASCO Drug International Ltd Ashik Rafsan Trading Riaz Furniture House Wastechem International Ltd., Bayazid Industries N. H. Khan Library Aziz Enterprise Buro Bangladesh Mamun enterprise Sark Bangladesh Diganta Media Corp. Parents Enterprise Joshim Enterprise. Bashundhara Paper mills Ltd, Meghna Cement Mills Ltd. Tanman International International Relief Agency CARE Bangladesh RYK Lube Oil Industries Limited Otto Spinning LTD. Kohinoor Trading
Branch/Booth Address Page 8 Motijheel Booth 20 Floor,Room No.2004 195, Motijheel C/A Dhaka 1000, Bangladesh halimur@senakalyanicl.com Dhaka Cantonment Booth House # B-145; Lane # 22,Masjid Road. New DOHS Mohakhali Dhaka-1206 Tel :+88 9104059 Mob:01755512459 aulad@senakalyanicl.com Chittagong Booth Akhturuzzaman Center (6th Floor) 21/22 Agrabad C/A Chittagong. Mob: 01755512457 raziur@senakalyanicl.com Khulna Booth Mohammad Arif Hossain SVP, marketing (Branch Head) 4, KDA Avenue (3rd Floor) Khulna. Mob: 01755512463 arif@senakalyanicl.com Bongshal Booth Lt Col AKM Nazimul Islam psc (Retd) SVP, (Branch Head) House 26/kha (1st floor) Sir Syed Nuzrul Islam Sarani Siddiqe Bazar, Bansal Dhaka. Tel : +88 02 9586560 Mobile:01755512467 nazimul@senakalyanicl.com Tongi Booth 302,Mannan Tower Charagali Market Tongi Gazipur