Union Insurance Co. Ltd.

Union Insurance Co. Ltd. provides general insurance products and services in Bangladesh. It operates through four segments: Fire, Marine, Motor, and Miscellaneous. The company offers fire insurance products, including fire and allied peril, fire package, property all risks comprising machinery break-down and business interruption, power plant operational package, and industrial all risk insurance; and marine insurance products, such as marine cargo, marine hull, goods in transit, freight, and ship builder’s liability insurance. It also provides motor insurance products, including private and commercial vehicle insurance, motorcycle, motor transit, and motor trade insurance; and engineering insurance products, such as contractors and erection all risks, boiler and pressure vessel, machinery breakdown, contractors’ plant and machinery, electrical equipment, and industrial all risk insurance. In addition, the company offers miscellaneous insurance products consist of burglary and house breaking, cash-in-transit, cash-in-safe, cash-on-counter, ATM booth, bank lockers, credit card fraud and forgery, fidelity guarantee, banker’s blanket, oversees mediclaim, group hospitalization, workmen’s compensation, personal accident, people’s personal accident, public liability, product liability, niramoy micro health, professional indemnity, and householders’ comprehensive insurance; and other value added services. Union Insurance Co. Ltd. was incorporated in 2000 and is headquartered in Dhaka, Bangladesh.