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National insurance policy to be updated soon

IDRA chairman says


Published : 17 Sep 2024 09:25 PM

 M Aslam Alam, the newly appointed chairman of IDRA on Tuesday said that the National Insurance Policy will be updated and implemented soon.

He was addressing a Views exchange meeting organized by the Insurance Development and Regula­tory Authority (IDRA) with the delegates of Bangladesh Insurance Surveyors Association, Bima Agent Training Centre, InsurTech Institute, Bima Kalyan Society Bangladesh and Bangladesh Insurance Academy at the IDRA office.

IDRA Chairman presided over the meeting while all members of IDRA, Executive Director, Directors and Deputy Directors were present at 

that time.

The chairman said, like other countries of the world, there is no alternative to the collective efforts of all concerned to restore people’s confidence by creating a positive attitude towards insurance in our country.

Representatives of various organizations, while addressing, highlighted the importance of the responsibilities of their organizations in the development of the insurance sector. 

They pointed out that there is no alternative to quality training to improve the human resources of the insurance sector, to reduce the amount of financial losses, to increase the capacity of the concerned institutions, to restore discipline in the insurance sector.

They expressed hope that without restricting the facilities for a certain number of institutions, by exposing them to all institutions, by successfully implementing the insurance policy, the comprehensive development of the insurance sector is possible under the leadership of the newly appointed chairman of IDRA.

KNM Khorshed Alam, President, Bangladesh Insurance Surveyors Association, Kazi Md. Mortoza Ali, Director General, Bangladesh Institute for Professional Development, S. M. Ibrahim Hossain, Director, Bangladesh Insurance Academy, Mujtaba Fidaul Haque, Managing Director, Adarsho Pani Sewa Limited and Lion Jahangir Alam, President, Bima Kalyan Society  spoke at the exchange meeting.