Prime Life lnsurance

What Prime Life lnsurance does

Prime Life Insurance is a privately-held, for-profit insurance company headquartered in Kathmandu, Nepal, founded in 2007. The firm operates as a multi-line insurer underwriting life insurance, health insurance, business and commercial lines (notably commercial auto), and pension plans for Nepalese retail and commercial customers. Its functional role is that of a domestic risk-carrier licensed to operate across personal and commercial insurance categories in Nepal.

The company is small in scale, with a stated headcount range of 11-50 employees, and is led by Chief Executive Officer Manoj Kumar Bhattarai. Its core capability is underwriting and servicing multi-line insurance policies; there is no indication of proprietary technology platforms, digital underwriting engines, broker portals, or analytics infrastructure in the available data. The only digital touchpoint disclosed is a basic corporate website (primelifenepal.com).

Prime Life Insurance generates revenue through insurance premiums across its product lines, distributed presumably through traditional channels (agents, brokers, direct sales) typical of Nepalese insurers. No pricing, channel, or customer-segment data is disclosed beyond the product categories themselves, and no disclosed financial metrics (revenue, premium volume, claims ratio, profitability, or funding) are available in the input. Operational footprint is concentrated in Kathmandu with no disclosed geographic expansion outside the Kathmandu market.

Name

Prime Life lnsurance

Legal name

TOTOTOGEL

Website

https://primelifenepal.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Prime Life Insurance is a privately-held Nepalese multi-line insurer headquartered in Kathmandu that underwrites life, health, business, commercial auto, and pension plans for retail and commercial customers in Nepal.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

Direct Life Insurance Carriers (524113)

SIC

Life Insurance (6311)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industry

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

Keywords

• Life insurance
• Health insurance
• Business insurance
• Commercial auto insurance
• Pension plans

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Lottery/Togel Betting: Players place bets on various lottery markets (Hongkong, Singapore, Sydney, Totomacau, etc.) with prizes up to 10,000,000 IDR for 4D bets
2. Online Slot Gaming: Revenue generated through slot game provider partnerships including Pragmatic Play, PG Soft, and IDN Slot
3. Live Casino Games: Revenue from live dealer games including Baccarat, Dragon Tiger, Roulette, and other casino-style games

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Prime Life Insurance offers insurance services for life, health, business, and commercial auto lines, and also provides pension plans. The company operates as a private, for-profit insurance provider based in Kathmandu, Nepal, with a workforce of 11-50 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Life Insurance Life insurance coverage products offered to individuals and families.
• Health Insurance Health insurance products providing medical expense coverage.
• Business Insurance Insurance coverage products for businesses and commercial operations.
• Commercial Auto Insurance Auto insurance coverage for commercial vehicles and fleets.
• Pension Plans Pension and retirement savings plans for individuals.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Pragmatic PlaycoreTechnology or Integration · 1 January 2015Major slot game provider established in 2015, headquartered in Malta. Provides over 200 slot games including popular titles like Gate of Olympus, Starlight Princess, and The Dog House. Offers progressive jackpot features and bonus rounds including free spins and Money Re-spins.
• PG SoftcoreTechnology or Integration · 1 January 2015Leading software provider established in 2015, specializing in lightweight games optimized for both desktop and mobile. Offers over 130 slot games with flexible game development and tracking systems for large wins with minimal requirements.
• IDN (IDN Slot)coreTechnology or Integration · 1 January 2010Prominent software provider headquartered in Manila, Philippines, established in 2010. Offers hundreds of games including slots (Burning Pearl, Pirate Gold, Great Rhino), live casino, poker, and sportsbook accessible on mobile and desktop.

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Nepal Life Insurance Co. Ltd. Nepal's largest life insurer offering life, health, and pension plans to individuals and groups. Directly comparable as a multi-line domestic life insurer operating in the same regulatory and demographic environment as Prime Life.
• Rastriya Beema Company Limited: Government-affiliated life insurer in Nepal offering life insurance and savings products. Comparable as a domestic life insurance carrier competing for the same Kathmandu and national policyholder base.
• IME Life Insurance Company: Nepal-based life insurer offering individual and group life products, including savings and pension-like plans. Comparable as a private-sector domestic life insurance peer targeting similar Nepali retail customers.
• Asian Life Insurance Company Limited: Domestic Nepali life insurer offering individual life, endowment, and pension products. Comparable as a domestic multi-line life and savings peer competing in the same regulatory and channel environment.
• Surya Life Insurance Company Limited: Nepal-based life insurer providing individual and group life insurance policies including savings and pension-linked products. Directly comparable multi-line life insurance competitor in the same market.

Broad incumbents

• Life Insurance Corporation (LIC Nepal): Subsidiary of LIC of India offering life insurance in Nepal with strong brand and agency network. Comparable as a large multi-line life insurance incumbent dominating domestic market share that Prime Life must compete against.
• MetLife: Global life insurance and employee benefits giant with established presence in South Asia. Comparable as a broad incumbent selling life and health products in markets adjacent to or overlapping with Nepal.
• Prudential plc: Multinational life and health insurer with significant Asian operations including Indonesia, Malaysia, and India. Comparable as a broad incumbent offering life, health, and pension-style products across emerging Asian markets.

Regional players

• Shikhar Insurance Company Limited: Nepal-based insurer primarily focused on non-life products including motor and commercial lines. Partially comparable as a domestic peer operating in the same market across some of Prime Life's commercial auto and business product lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/PrimeLifeIns
• YouTubeyoutube.com/@tototogelofficial
• Facebookfacebook.com/PrimeLifeInsurance
• Instagraminstagram.com/tototogelid
• LinkedInlinkedin.com/company/primelife-insurance-company-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prime Life lnsurance