Bangladesh: Govt life insurer taps national digital network to offer services
Source: Asia Insurance Review | Apr 2017
State-owned life Insurance company, Jiban Bima Corporation, has signed a MoU with the Access to Information (a2i) Programme of the Prime Minister’s Office to launch digital insurance services across Bangladesh.
The a2i Programme was established by the Prime Minister’s Office with support from UNDP in 2007 to ensure easy, affordable and reliable access to quality public services which harnesses (but is not limited to) the power of digital.
It has established over 5,000 digital centres providing internet access throughout the country. As a result, citizens can access hundreds of both free public services (such as land records, birth registration, telemedicine, life insurance, passport and overseas job applications) and private services (mobile financial services, assisted rural e-commerce, insurance, and various types of computer and vocational training, etc).
Jiban Bima was ranked the seventh biggest life insurer in the country, with a 5.14% market share last year.