Nepal Life Insurance Hosts Business Review Meet Emphasizing Resilience Amid Economic Challenges
Nepal Life Insurance Company (NLIC), a leading entity in life insurance in Nepal, recently conducted a noteworthy Business Review Meet in Kathmandu. The event, themed "Parakrami Gati Aakramak Niti" (Dynamic Pace, Aggressive Policies), was instrumental in evaluating the company's business performance during the initial quarter of the fiscal year 2080/81 and strategizing for the remaining period amidst ongoing economic adversities.
The event was graced by the presence of senior executives, including Kamlesh Kumar Agrawal, the company's Senior Director, and other key officials such as Chief Executive Officer Praveen Raman Parajuli, Deputy CEO Amit Kumar Keyal, and National Sales Head Umapati Pokharel, along with regional leaders.
During the event, Kamlesh Kumar Agrawal emphasized the company's resilience in maintaining an enthusiastic business stance despite the economic slowdown, thanking all supporters for their dedication. Nepal Life Insurance was recognized for its distinguished legacy in the life insurance sector and its substantial 27% market share, positioning itself as a market leader even amidst challenging circumstances.
Agrawal highlighted the company's role in steering the insurance market and emphasized the pivotal contribution of the adept sales team and agents. He underlined the company's commitment to guiding the insurance market amid various challenges, showcasing a determination to lead and empower the sector even during fluctuating times.
Additionally, CEO Praveen Raman Parajuli expressed gratitude to employees and stakeholders for their contributions to achieving the company's objectives and urged them to continue their dedicated efforts toward meeting the business goals set by NLIC. He also mentioned the company's strides in digitalization to streamline both internal and external operations, focusing on enhancing customer experiences in the future.
The event provided a platform for regional and department heads to present their reports and strategies, aligning with the company's vision of expanding market outreach and enhancing insurance accessibility for citizens across the country.
Concluding the event, Deputy CEO Amit Kumar Keyal expressed gratitude for the achievements so far and urged all stakeholders to further strengthen Nepal Life's position as a market leader by maintaining continuous dedication to their roles in the company's progress. The company extended its appeal for continued support to further solidify its position and broaden its contribution to the life insurance market.
