MetLife to provide insurance services to the employees of IPDC in Bangladesh

MetLife Bangladesh and IPDC Finance Limited has recently signed an agreement through which MetLife Bangladesh will provide group life and medical insurance coverage to more than 580 employees of IPDC.

Group Life insurance enables employers to provide tailored solutions to their employees in financially supporting them against death, accident or disabilities.

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More than 800 organizations in different sectors including financial institutions take advantage of MetLife’s longstanding experience of providing customized, world-class insurance products and services. As the leading life insurance company in Bangladesh, MetLife also servers over 1 million individual customers

Established in 1981, IPDC is the first private sector financial institution in the country. It is also regarded as one of the best financial institutions in Bangladesh with market capitalization of BDT 10.3 billion.

Ala Ahmad, General Manager, MetLife Bangladesh and Mominul Islam, Managing Director and CEO, IPDC, signed the agreement for their respective organizations. Senior officials of the both the organizations were also present at the signing ceremony.

Commenting on this agreement, Ala Ahmad, General Manager of MetLife Bangladesh said, “At MetLife, we are committed to provide world-class product and services to our customers. we are proud that one of Bangladesh’s most reputed financial institutions – IPDC has selected MetLife to provide financial protection to their employees.”

Mominul Islam, Managing Director and CEO of IPDC, commented, “We are in the middle of an ongoing pandemic. So, obligations to stand beside our client, community and employees at this difficulty time is our key focus. As a responsible financial institution, we want to ensure that our employees get the best financial protection services so that together we can achieve our full potential in life.”

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