Pioneer Insurance PLC

Pioneer Insurance Company Limited, established in 1996 by a group of renowned entrepreneurs, is a prominent player in the non-life insurance industry in Bangladesh. Known for its innovative products and plans, the company has positioned itself as one of the most reputable names in the sector and is recognized as one of the "Big Three" non-life insurers in Bangladesh in terms of gross direct premium and financial base. Initially sponsored and founded with an authorized capital of Tk. 200 million and paid-up capital of Tk 60 million, Pioneer Insurance Company Limited has experienced significant growth. The authorized and paid-up capital now stands at Tk 1,000 million and Tk 699.81 million, respectively. The company is listed on the Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd., consistently declaring dividends since its inception. With an extensive branch network across major cities and towns in Bangladesh, the company ensures timely services at the customer's doorstep. Pioneer Insurance Company Limited holds an "AAA" rating from Alpha Rating, signifying exceptionally strong claims paying capacity. The company serves prominent national and multinational companies across various sectors such as pharmaceuticals, chemicals, textiles, cement, services, energy, manufacturing, engineering, banking, and finance. The company attributes its success to visionary leadership and is supported by dedicated and highly professional employees, along with qualified and experienced executives.