After Independence, while all the insurance companies were nationalized, in the mid 80’s Government gave permission to run insurance companies in the private sector.

Guardian Life Insurance Limited offers a wide range of services for risk management and long-term protection. GLIL’s primary commercial products work with B2B business models. GLIL’s commercial line products are classified into three categories: Group Insurance, Bancassurance, and Microinsurance.

The company’s entire assets are now TK 2,299.67 crores, and the total life fund is TK 1,757.20 crores. The entire premium in 2021 was TK 650.77 crores, with about 51 lakh insurance clients.

Being a leading first generation private sector non-life insurance company in Bangladesh, Reliance Insurance Limited was incorporated in 1988.

The company offers a complete range of general insurance products and services in motor, marine, energy, property and casualty, health, accident and liability areas.