Insurance company: Green Delta Insurance company , Sylhet Branch, Modhuban Super market.

Types: General Insurance

Products and Services: Green Delta offers almost everything to insurance
Corporate
Risk Management
Property All Risks Insurance including Business interruption
Electronic Equipments and Computer insurance
Corporate Hospitalization cover
Corporate Overseas Health policy
Financial
Portfolio cover
Credit card Protection Insurance
Bankers Blanket Insurance
Money Insurance
Idelity Bond
Conventional
Fire & Allied Perils Insurance
Marine Cargo & Hull Insurance
All types of Aviation Insurance
All types of Automobile Insurance
All types of Accident, Miscellanious & Liability Insurance
All types of Engineering Insurance
Takaful (Islamic)
All types of (non life) Takaful Products
Investment & Portfolio Management
Underwriting
Pre-IPO placement Syndicate
Trusteership


Fire: It includes all fire related losses . We can buy fire insurance policy for our home, office,
warehouse, shop etc. Merine insurance includes all merine transit related losses. Insured can buy
policy if he/she transit any product by ship. Most of the time people buy policy for valuable
product like transformer, car etc. Insurance company covers all the losses of merine transaction
for the insured goods.Moto insurance includes all the vehicle insurance. It covers all the losses of
motor vehicle. If vehicle occurs any accident insurance company will cover the loss. Moto
insurance is compulsory according to the Government.
Period of Insurance:
a) Short term: Short term insurance includes those insurance which is less then one year. For
example: When bank transport big amount of money from one place to another they buy short
term insurance, which may be for 30-40 minutes. Short term insurance has much lost than long
term insurance. Its premium can be 10% of goods price.

b) Long term: Long term insurance are those which is for one year or more than one year. For
example: insurance of vehicle, home for one or more than one year.
Most common insurance: In the matter of quantity the most popular insurance is motor
insurance. Because motor vehicle needs insurance to get clearance from traffic police. On the
other hand in the matter of premium volume fire insurance has highest insurance. It has bigger
premium than motor vehicle insurance. Fire insurance is the one of the common source of
income for Green Delta life Insurance Company.

Determining the premium: To determine the premium insurance company need all the relevant
information about the insured goods. To determine the premium of a house Green Delta Life
Insurance Company needs info about structure, position, materials etc of this house. If everything
is fine, then 1crore worth house needs 12-14 thousand taka old and week buildings. These types
of insurance does not have any installment offer. Installment has only in insurance.

Employee: Currently Green Delta life insurance sylhet branch has 15 employee in there sylhet
branch including one senior vice president and Regional Head.

Problem: Green Delta Insurance company faces unethical competition from other insurance
company.For example, a house needs 12 thousand taka premium for fire insurance. But other
insurance company will offer 8 thousand taka for the same house by showing false statement and
commitment . As a resultGreen Delta Insurance Company losses their customers.
Other problem which Green Delta Company faces are less awareness and less demand of
insurance among the people.
People do not want to do insurance willingly. They have insurance when they need to get a bank
loan . Because insurance makes it easy to get a bank loan. Another problem is moral hazard of
people .Sometime people faked the accident to get a premium
Solution: To solve unethical problem and moral hazard insurance company needs regulator and
monitor. A regulator or a monitor will check the whole sitvation of insurance company and their
policy.Is there any unethical competition is going on or net.
Job opportunity and exprience : Job opportunity on insurance company of Bangladesh is bright
according to the J.J Bhattacharjee Chandan senior Vice president and regional Head of Green
Delta Insurance Company Sylhet . He is working in Green Delta Insurance company since 1987.
In 1987, they can sell only 600 policy a year. But demand of insurance company is increasing
day by day. Last year they sold almost 12 thousand Insurance policy . which is 20 times more
than 1987. Because of increasing demand of insurance they need more employee and branchs
all over the country. Every different kind of insurance is being added in their company. To
manage all these thing they need skilled people . As a result job opportunity in insurance
company of Bangladesh is increasing day by day.
premium. But premium is high for
Insurance Company at Sylhet
1.Sunlife insurance Company Ltd
Mirabazar,sylhet.
2.Chartered Life Insurance Company Ltd
Mahmud Complex, Dhupa dighirpar Sylhet.
3.Bangladesh General Insurance Company Ltd
Modhuban Super market,Sylhet
4.Finix Insurance Company
Modhuban Super market,Sylhet
5.Green Delta Insurance Company Ltd
Modhuban Super market
6.United Insurance Company Ltd
Modhuban Super market
7.Meghna Life Insurance Company Ltd
Millennium Shopping City
8.Zenith Islami Life Insurance Company Ltd
Eligant Shopping city,Zindabazar
9.Popular Life Insurance Company Ltd
Eligant Shopping city,Zindabazar
10.Sondhani Life Insurance Company Ltd
Asia International Market,Zindabazar
11.Rupali Life Insurance Company Ltd
Asia International Market,Zindabazar
12.Provati Insurance Company Ltd
Sohir Plaza,Zindabazar
13.Prime Islami Life Insurance Company Ltd
Kaniz Plaza , Zindabazar
14.Homeland Life Insurance Company Ltd
Kazi Manson ,Zindabazar
15.Eastern Insurance Company Ltd
Hazari Building ,Zindabazar.
16.Golden Life Insurance Company Ltd
Manru Shopping City,Chowhattra
17.Sadharan Bima Corporation
Chowhattra
18.Met Life Alico
Sohir Plaza,Zindabazar
19.Sondani Life Insurance Company Ltd
Badsha Tower ,Dorgah Gate
20.Delta Life Insurance Company Ltd
Mannan Super Market ,Amborkhana
21.Sun Life Insurance Company Ltd
Amborkhana
22.Jibon Bima Corporation
Amborkhana
23.Farest Life Insurance Company Ltd
Point View Shopping center ,Amborkhana
24.Progresiv Life Insurance Company Ltd
Century Shopping Center,Amborkhana
25.Karnaphuli Insurance Company Ltd
Century Shopping Center,Amborkhana
26.Federal Insurance Company Ltd
Century Shopping Center,Amborkhana
27.Pioneer Insurance Company Ltd
Laldighirpar