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Nepal Life Insurance Company crowned with best insurance company

By Our Reporter
dsc_8491Nepal Life Insurance Company has been crowned Frost & Sullivan Nepal Best Service Provider insurance company of the Year 2016. Vivek Jha, the Chief Executive Officer (CEO) of the company was conferred the award amid a special function organized in Kathmandu last week.
The globally recognized award was conferred by international growth partnership company Frost & Sullivan, and is a subset of its prestigious Asia Pacific Best Practices Awards which honors best-in-class companies within a multitude of industries in Asia Pacific, including the Automotive, Energy, Building & Environment, Healthcare and Information Communication Technologies sectors in Asia Pacific.
Commenting on the award, CEO Jha said that the company was humbled that its efforts to focus on customers and fulfill their dynamic needs have been recognized internationally. “Frost & Sullivan undertakes a rigorous evaluation process for this award and the achievement is testament of Nepal Life’s exemplary overall growth and best-in-class performance; and a culmination of the hard work and dedication of ten thousand agents working towards the socio-economic prosperity of Nepal with special focus on life insurance” he added.
Established under the Company Act 2053 and Insurance Act 2049 as a public limited company in April 2001, Nepal Life is the foremost life insurance company established by private investors. The promoters of the company are a group of well known businessmen and business houses of Nepal. Within the sixteen years of operation the Company has set up an excellent business record and has a strong financial position.
The company popularly known as Nepal Life, among the business fraternity and general public, being in the business of selling life insurance products it is performing the same job as the other insurers dealing with “Life Insurance”. However, Nepal Life Insurance Company has its own identity because of the mission and manner for which it is working. The company is working with a time bound strategy to fulfill its vision of spreading message of insurance to every home and to contribute substantially in making Nepal an economically healthy and vibrant nation. Apart from spreading the network of branches all over Nepal the company plans to make a quantum jump in number of agents and to provide them adequate training for providing knowledge and skill, so that the company can reach and depth in the market.

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