Sagarmatha Insurance
Sagarmatha Insurance is a Kathmandu, Nepal-based private general insurance carrier founded in 1996, underwriting property, theft, identity, vehicle, marine, medical, natural disaster, and general liability coverage with 251-500 employees serving individual and commercial policyholders across Nepal.
- Company typePrivate
- Founded1996
- HeadquartersKathmandu, Nepal
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Sagarmatha Insurance does
Sagarmatha Insurance is a Kathmandu-headquartered, private general insurance carrier in Nepal, founded in 1996. The firm underwrites a diversified eight-line general insurance book covering property, theft, identity, vehicle, marine, medical, natural disaster, and general liability, serving what appears to be a mixed base of individual and commercial policyholders across the Nepalese market.
The company operates with 251-500 employees, consistent with a mid-sized regional carrier relying on a multi-channel distribution footprint (likely agents, brokers, and direct sales) typical of South Asian general insurance markets. No proprietary technology stack, digital platform details, or technology partnerships are disclosed in the available source data, and the corporate website (sagarmathainsurance.com.np) is currently offline due to a hosting/DNS misconfiguration, limiting visibility into product specifics, pricing mechanics, and claims operations.
The business model is standard non-life insurance: underwriting premiums across personal and commercial lines, pooling risk, and generating revenue through premium income net of claims and expenses. The company is led by CEO Chunky Chhetry. Investor-relevant signals — premium volumes, combined ratios, geographic footprint beyond Nepal, ownership structure, funding history, and AI/digital capabilities — are not disclosed in the input and represent material data gaps for any due-diligence assessment.
Sagarmatha Insurance firmographics
Firmographics- Name
- Sagarmatha Insurance
- Website
- https://sagarmathainsurance.com.np
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Sagarmatha Insurance is a Kathmandu, Nepal-based private general insurance carrier founded in 1996, underwriting property, theft, identity, vehicle, marine, medical, natural disaster, and general liability coverage with 251-500 employees serving individual and commercial policyholders across Nepal.
- Ownership category
- akta.pro rank
Sagarmatha Insurance industry classification
Industry- Product category
- General Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Health and Medical Insurance Carriers (524114)
- SIC
- Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)
- akta.pro primary industry
- General Liability Insurance (FSAJAMAE)
- akta.pro secondary industries
- Commercial General Liability (CGL) (FSAJADAA), Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)
Keywords
Where Sagarmatha Insurance is headquartered
LocationHeadquarters
- HQ city
- Kathmandu
- HQ country
- Nepal
- HQ region
- Asia
Markets served
Sagarmatha Insurance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Sagarmatha Insurance product offering
Product offeringCore offering
Sagarmatha Insurance is a Nepal-based general insurance company that underwrites and sells a range of personal and commercial insurance policies covering property, theft, identity, vehicle, marine, medical, natural disaster, and general liability risks. Founded in 1996 and headquartered in Kathmandu, the company distributes these insurance products to individuals and organizations across Nepal.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Insurance
- Theft Insurance
- Identity Insurance
- Vehicle Insurance
- Marine Insurance
- Medical Insurance
- Natural Disaster Insurance
- General Liability Insurance
Companies that use Sagarmatha Insurance
Customer profileIdeal customer profiles1 record
Sagarmatha Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sagarmatha Insurance partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Sagarmatha Insurance competitors and assessment
Company assessmentBroad incumbents
- Chubb Limited: Global multi-line P&C and specialty insurer offering property, casualty, marine, and accident & health coverage. Comparable product architecture with broader geographic and capital reach.
Emerging players
- Himalayan Reinsurance Limited: Nepal's first domestic reinsurer, taking on P&C and life treaty risk from local carriers including Sagarmatha. Comparable counterparty exposure with overlapping regulatory and capital dynamics.
Regional players
- New India Assurance Company: Large Indian public-sector general insurer writing motor, fire, marine, health, and liability lines. Comparable multi-line general insurance carrier serving the South Asian regulatory neighbourhood.
- ICICI Lombard General Insurance: Major Indian private general insurer with motor, health, property, marine, and liability products. Demonstrates the scale, technology, and product architecture relevant to Sagarmatha's next-stage growth ambition.
- The Oriental Insurance Company: Indian public-sector general insurer offering motor, health, fire, marine, and liability products. Relevant regional benchmark for product breadth, claims capability, and government-channel distribution.
Others
- Aon plc: Global insurance brokerage and risk advisory. Useful ecosystem peer illustrating the intermediary layer that competes for distribution and advisory wallet share affecting Nepal-based carriers.
Direct peers
- NLG Insurance Company Limited: Nepal-domiciled non-life insurer writing motor, property, marine, engineering, and liability policies. Directly competes in product mix and geography with Sagarmatha.
- Shikhar Insurance Company Limited: Nepali non-life insurer offering motor, property, marine, fire, and miscellaneous lines. Directly comparable multi-line general insurance peer operating in the same Kathmandu-based regulatory environment.
- Nepal Insurance Company Limited: One of Nepal's oldest non-life insurance carriers, providing motor, fire, marine, and miscellaneous coverage. Closest incumbent analogue given long operating history and similar product breadth.
- Premier Insurance Company Limited: Nepali general insurer offering motor, fire, marine, engineering, and miscellaneous coverage. Competes for the same pool of Nepali policyholders and brokers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Sagarmatha Insurance social profiles
Digital presenceSagarmatha Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sagarmatha Insurance leadership team
Management profileNumber of profiles
Profiles1 record
Sagarmatha Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sagarmatha Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sagarmatha Insurance
What does Sagarmatha Insurance do?
Sagarmatha Insurance is a Nepal-based general insurance company that underwrites and sells a range of personal and commercial insurance policies covering property, theft, identity, vehicle, marine, medical, natural disaster, and general liability risks. Founded in 1996 and headquartered in Kathmandu, the company distributes these insurance products to individuals and organizations across Nepal.
Is Sagarmatha Insurance a public or private company?
Sagarmatha Insurance is a private company. It is classified as unknown and is currently operating.
When was Sagarmatha Insurance founded?
Sagarmatha Insurance was founded in 1996. It employs 251 to 500 people.
Where is Sagarmatha Insurance based?
Sagarmatha Insurance is headquartered in Kathmandu, Nepal, in the Asia region.
Who are Sagarmatha Insurance's main competitors?
Chubb Limited is listed as a broad incumbent. Himalayan Reinsurance Limited is listed as an emerging player. Regional players are New India Assurance Company, ICICI Lombard General Insurance and The Oriental Insurance Company. Aon plc is listed as an others. Direct peers are NLG Insurance Company Limited, Shikhar Insurance Company Limited, Nepal Insurance Company Limited and Premier Insurance Company Limited.
Does Sagarmatha Insurance have an API?
No public API is recorded for Sagarmatha Insurance.
What industry is Sagarmatha Insurance in?
Sagarmatha Insurance's product category is General Insurance. Its primary akta.pro industry code is FSAJAMAE, General Liability Insurance, with a secondary code of FSAJADAA, Commercial General Liability (CGL). Its NAICS code is 524126 and its SIC code is 6331.