BM Report:

Confidence Finance Insurance Company Limited (CFICL), a leading insurance provider in Bangladesh, has been recognized as the Special Best General Insurance Company at the ICC 4th Emerging Asia Insurance Awards 2023. The prestigious award was presented to CFICL’s Managing Director, Mr. AKM Fazlul Karim, at a ceremony held in Mumbai, India, on May 13, 2023.

The ICC Emerging Asia Insurance Awards are organized by the Indian Chamber of Commerce (ICC) to honor outstanding achievements and contributions to the insurance sector across Asia. This year’s awards ceremony recognized 15 insurance companies from 13 countries, highlighting the dynamic growth and innovation within the region’s insurance industry.

CFICL’s outstanding performance in providing innovative and customer-centric insurance solutions was a key factor in its selection for the Special Best General Insurance Company Award. The company has demonstrated a commitment to excellence in its underwriting, claims management, and customer service operations, earning the trust and respect of its policyholders.

Mr. Mohammad Joynul Bari, CEO of the Insurance Development and Regulatory Authority (IDRA) of Bangladesh, delivered a keynote speech at the awards ceremony, emphasizing the importance of innovation and collaboration in driving the growth and development of the insurance sector in Asia.

The Bangladesh Insurance Association (BIA) played a supporting role in the event, showcasing the country’s growing insurance industry and its commitment to international standards and best practices.

CFICL’s recognition at the ICC 4th Emerging Asia Insurance Awards 2023 is a testament to the company’s dedication to providing comprehensive insurance solutions and contributing to the advancement of the insurance industry in Bangladesh and across Asia.