Islami Insurance Bangladesh
Islami Insurance Bangladesh is a private Dhaka-based general insurer founded in 1999 that underwrites fire, householders, industrial all risks, marine cargo, and vehicle insurance for the Bangladesh market with 501-1,000 employees.
- Company typePrivate
- Founded1999
- HeadquartersDhaka, Bangladesh
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Islami Insurance Bangladesh does
Islami Insurance Bangladesh is a private general insurance company headquartered in Dhaka, Bangladesh, founded in 1999. It underwrites a diversified non-life insurance portfolio covering basic fire, householders, industrial all risks, marine cargo, and vehicle insurance, alongside other unspecified lines. The firm operates with a workforce of 501-1,000 employees and serves the Bangladesh domestic market. Its revenue mechanics are consistent with a standard non-life insurance underwriting model — collecting premiums across property, marine, and motor lines and bearing risk on the corresponding portfolios — but no pricing, distribution model, customer segmentation, partnerships, or ownership structure is disclosed in the source material, and the corporate website currently displays only a verification/loading page with no substantive content.
No further detail is available on the company's distribution channels (agents, brokers, bancassurance, direct), its technology stack, its management team composition, or any parent/subsidiary structure. The provided financial series shows nominal figures that are internally inconsistent with the firm's profile (a sub-1,000-employee private Bangladeshi insurer), with reported revenue magnitudes on the order of trillions — far exceeding the entire Bangladesh non-life insurance market — which strongly suggests a denomination, unit, or data quality issue rather than a reliable disclosure. Realistic revenue, triangulated from headcount and market context, sits in the low tens of millions of US dollars.
Islami Insurance Bangladesh firmographics
Firmographics- Name
- Islami Insurance Bangladesh
- Website
- https://islamiinsurance.com
- Company type
- Private
- Founded year
- 1999
- Headcount range
- 501–1,000 employees
- Short description
- Islami Insurance Bangladesh is a private Dhaka-based general insurer founded in 1999 that underwrites fire, householders, industrial all risks, marine cargo, and vehicle insurance for the Bangladesh market with 501-1,000 employees.
- Ownership category
- akta.pro rank
Islami Insurance Bangladesh industry classification
Industry- Product category
- General Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro industry
- Marine & Aviation Insurance
Keywords
Where Islami Insurance Bangladesh is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Markets served
Islami Insurance Bangladesh business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Islami Insurance Bangladesh product offering
Product offeringCore offering
Islami Insurance Bangladesh provides general insurance products including basic fire, householders, industrial all risks, marine cargo, and vehicle insurance. The company operates as a Bangladesh-based insurance provider offering coverage for both personal property (householders, vehicles) and commercial/industrial risks (fire, industrial all risks, marine cargo).
Differentiator
Problem solved
Functional benefit
Products and services
- Basic Fire Insurance
- Householders Insurance
- Industrial All Risks Insurance
- Marine Cargo Insurance
- Vehicle Insurance
Companies that use Islami Insurance Bangladesh
Customer profileIdeal customer profiles2 records
Islami Insurance Bangladesh technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Islami Insurance Bangladesh competitors and assessment
Company assessmentDirect peers
- National Insurance (Bangladesh): Bangladesh general insurer with overlapping fire, marine, motor, and accident lines. Comparable domestic multi-line P&C peer.
- Sonar Bangla Insurance: Bangladesh-based general insurance company with similar product offerings and customer base. Comparable private-sector P&C competitor.
- Pioneer Insurance: Bangladesh general insurer underwriting fire, marine cargo, motor, and miscellaneous accident lines. Closely comparable product set, customer base, and regulatory environment to Islami Insurance Bangladesh.
- Green Delta Insurance: One of Bangladesh's largest private-sector general insurance carriers, offering fire, marine, motor, and industrial lines to similar commercial and retail customers. Directly comparable multi-line P&C competitor in the same Bangladesh market.
- Reliance Insurance: Bangladesh-based general insurance company offering fire, marine, motor, and engineering lines. Operates in the same regulatory regime and competes for the same commercial and personal P&C customers.
- Prime Insurance (Bangladesh): Bangladesh general insurer offering similar P&C product lines. Comparable scale and product portfolio to a mid-sized Bangladesh general carrier.
- Pragati Insurance: Bangladesh general insurer with overlapping lines including fire, marine cargo, and motor. Comparable multi-line P&C positioning and customer segments.
- Asia Insurance (Bangladesh): Bangladesh general insurer writing fire, marine, motor and miscellaneous lines. Comparable private-sector general insurance competitor in the same geography.
Broad incumbents
- Sadharan Bima Corporation: Bangladesh state-owned general insurance corporation offering the full suite of fire, marine, motor, and miscellaneous insurance. Larger, government-backed incumbent that defines the competitive backdrop for all private general insurers in Bangladesh.
Emerging players
- Takaful Insurance Bangladesh: Bangladesh-based Shariah-compliant / Takaful operator. Closest peer on the Islamic insurance positioning, directly relevant for the 'Islami' brand niche Islami Insurance Bangladesh targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Islami Insurance Bangladesh social profiles
Digital presenceIslami Insurance Bangladesh financial estimates
Financial estimateRevenue estimate
Valuation estimate
Islami Insurance Bangladesh leadership team
Management profileNumber of profiles
Profiles1 record
Islami Insurance Bangladesh funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Islami Insurance Bangladesh 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 Islami Insurance Bangladesh
What does Islami Insurance Bangladesh do?
Islami Insurance Bangladesh provides general insurance products including basic fire, householders, industrial all risks, marine cargo, and vehicle insurance. The company operates as a Bangladesh-based insurance provider offering coverage for both personal property (householders, vehicles) and commercial/industrial risks (fire, industrial all risks, marine cargo).
When was Islami Insurance Bangladesh founded?
Islami Insurance Bangladesh was founded in 1999. It employs 501 to 1,000 people.
Where is Islami Insurance Bangladesh based?
Islami Insurance Bangladesh is headquartered in Dhaka, Bangladesh, in the Asia region.
Who are Islami Insurance Bangladesh's main competitors?
Direct peers on record are National Insurance (Bangladesh), Sonar Bangla Insurance, Pioneer Insurance, Green Delta Insurance, Reliance Insurance, Prime Insurance (Bangladesh), Pragati Insurance and Asia Insurance (Bangladesh). Sadharan Bima Corporation is listed as a broad incumbent. Takaful Insurance Bangladesh is listed as an emerging player.
Does Islami Insurance Bangladesh have an API?
No public API is recorded for Islami Insurance Bangladesh.
What industry is Islami Insurance Bangladesh in?
Islami Insurance Bangladesh's product category is General Insurance. Its primary akta.pro industry code is FSAJAMAI, Marine & Aviation Insurance. Its NAICS code is 524126 and its SIC code is 6331.