A group of renowned and celebrated entrepreneurs established Pioneer Insurance Company Limited in1996 to carry out non-life insurance business. Since its establishment Pioneer Insurance Company Limited has maintained its presence as the most prominent company launching innovative products and new plans in the non-life insurance industry of Bangladesh. It has recognized itself as one of the most reputed and brightest names in the sector. Continued growth and development have secured Pioneer Insurance Company Limited as one of the “Big Three” non-life Insurers of Bangladesh in terms of gross direct premium and financial base.

Pioneer Insurance Company Limited was sponsored and founded as a publicly traded company having authorized capital of Tk.200 million and paid up capital of Tk 60 million which now stands at Tk 1,000 million and 699.81 million respectively. The Company is enlisted with Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. and has been declaring dividend every year since inception. It has an wide and lively branch network in all major cities and towns of Bangladesh that assures on time service at the customer doorstep. The Company has been assigned “AAA” rating by Alpha Rating, where “AAA” stands for Exceptionally Strong Claims Paying Capacity. Pioneer Insurance Company Limited has always had the advantages of visionary leadership.

Pioneer Insurance Company Ltd. provides its services to prominent national and multinational companies operating in Pharmaceutical, Chemical, Textile, Cement, Services (Tele Communications, Hospitals, and Hotels), Energy, Manufacturing, Engineering, Banking and Financial sectors. The company has a good number of dedicated and highly professional employees supported by qualified, experienced and technically sound executives.

In Brief:

Established	1996
Registered Office	Head Office –Rangs Babylonia (5th Floor), 246 Bir Uttam Mir ShawkatSarak, Tejgaon, Dhaka-1208.
Number of Branches	40
Number of Employees	470
Authorized Capital	1 (One) Billion / USD 12.50 Million
Paid up Capital	Taka 699.81Million / USD 8.75 Million
Share Holding Information	Sponsors 45.14% General Public 31.69% Institute 23.17 % 100.00 %
Credit Rating	“ AAA ”
Founder Chairman	Syed ManjurElahi,Period (25-03-1996 to 27-12-1998)
Current Chairman	M Anis Ud Dowla
C.E.O	Syed Shahriyar Ahsan
Contact us	Tel: 8878901(Hunt.) , Email-piclho@pioneerinsurance.com.bd Fax:88-02-8878913,8878914

 

Member of the International Organization
MEMBER FEDERATION OF AFRO-ASIAN INSURERS AND REINSURERS (FAIR)	F.A.I.R was established in 1964 with a view to enhancing the sharing of knowledge and expertise as well as business relations and therefore to encourage cooperation among insurance and reinsurance companies in Africa and Asia.
MEMBER ASSOCIATION OF INSURERS AND REINSURERS OF DEVELOPING COUNTRIES (AIRDC)	The AIRDC is organized to develop and expand international collaboration and cooperation in the fields of Insurers and Reinsurers. The Association has as its objectives to strengthen the insurance market in developing countries and to foster inter-regional cooperation within the industry.
ASSOCIATE MEMBER (LIFE) EAST ASIAN INSRUACNE CONGRESS (EAIC)	The EAIC was founded in 1962 with the aim of furthering and developing international collaboration in the field of insurance of every sort.