Prime Minister Sheikh Hasina on Tuesday said automation and digitization of the insurance sector were necessary in order to provide hassle-free services and encourage people about insurance. "Now, we have made our country digitized, I think, the insurance sector must be brought under a full automation and digital system," she said.
She was addressing a function as the chief guest marking the observance of the "National Insurance Day" at the Bangabandhu International Conference Centre (BICC), joining virtually from her official Ganabhaban, BSS reports. The Finance Ministry and the Insurance Development and Regulatory Authority (IDRA) jointly organized the function.
The day is being observed with the theme "Bimay Surokkhito Thakle Egiye Jabo Shobai Mile" (protected with insurance, we will advance together).The prime minister said that the masses would be encouraged to purchase insurance if the process of depositing the premium alongside collecting the insurance claim can be made easier using the technology.
She asked all concerned, particularly the public and private insurance companies to take effective measures to create awareness among the people about making insurance policies using modern technologies."You have to make people understand what benefits they will get if they get insurance policies or what losses they will suffer if they don't," she added.
The premier asked the insurance companies to take proper measures as the confidence of the people in insurance would increase through rendering better services giving topmost priority to the clients.Describing insurance as an "Amanat" (deposit) of the people, she directed the insurance businessmen to handover the insurance claim and other benefits to the clients on time.
She continued: "A system has to be developed as the clients can get their insurance claim in due time without any hassle."The prime minister instructed the insurance companies to be more alert about false claims of insurance referring to some fire incidents in jute and RMG factories.
Sheikh Hasina called upon all concerned to have a wary eye at fraudulence in the insurance sector terming third-party insurance as an act of cheating.The premier greeted the insurance companies to introduce the state-of-the-art technology Unified Messaging Platform (UMP) to protect the interest of the customers along with opening "Bangabandhu Surokhya Bima'' policy for differently abled people from this year.
Finance Minister AHM Mustafa Kamal presided over the event remotely while Financial Institutions Division Secretary Sheikh Mohammad Salim Ullah gave a welcome address.IDRA Chairman Dr M Mosharraf Hossain and Bangladesh Insurance Association (BIA) President Sheikh Kabir Hossain also spoke on the occasion.
On behalf of the prime minister, Sheikh Mohammad Salim Ullah handed over the "Bima Padak" (insurance award) to five persons for their outstanding contribution to the insurance sector and "Bangabandhu Surokhya Bima Policy" to two differently abled children.Former lawmakers and insurance personalities Mokbul Hossain and Mostafizur Rahman were awarded posthumously with lifetime achievement for their significant contribution to the development of the insurance sector.
Insurance personalities Sheikh Kabir Hossain and Nasir Uddin Ahmed Chowdhury were awarded for their special role in the development of the insurance sector while former secretary Nazrul Islam Khan was also awarded for his contribution to making a documentary on the insurance sector and Bangabandhu's contribution to the development of the sector.A video documentary on the insurance sector was screened at the ceremony.
On March 1, 1960, Bangabandhu Sheikh Mujibur Rahman started working at the then Alpha Insurance Company. Therefore, the government decided to celebrate March 1 as the National Insurance Day.The government has upgraded the "National Insurance Day" from "B' category to "A" category commemorating the great architect of independence, the greatest Bangali of all time and Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
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