National Life to Provide Insurance for Excellent Group

In a significant move to bolster employee welfare and financial security, the Excellent Ceramic Group has formalised a comprehensive group life and health insurance agreement with National Life Insurance PLC. The signing ceremony, which marks a strategic partnership between two industry leaders, took place on 15 February at the NLI Tower, the corporate headquarters of National Life Insurance in Karwan Bazar, Dhaka.

Strategic Welfare for “Milano Ceramics”

This agreement is specifically designed to extend a robust safety net to the workforce of Excellent Ceramic Group’s latest venture, Milano Ceramics—a premium brand specialising in high-end tiles and sanitary ware. Under the terms of the contract, all eligible members and staff of the Milano Ceramics division will now benefit from extensive group life coverage and healthcare protection.

The partnership underscores a growing trend in the Bangladeshi corporate sector where major industrial players are prioritising “human capital” through institutional insurance frameworks, ensuring that employees and their families are protected against unforeseen medical or life events.


Key Figures at the Signing Ceremony

The ceremony was attended by the highest echelons of leadership from both organisations. The formal contract was signed by Md. Kazim Uddin, Chief Executive Officer of National Life, and Imran Ahmed, Executive Director of Excellent Ceramic Group.

Following the signing, the official policy documents were exchanged by the Chairmen of the respective entities: Tofazzal Hossain (National Life) and Abdul Halim (Excellent Ceramic Group).

RepresentativeDesignationOrganisation
Tofazzal HossainChairmanNational Life Insurance PLC
Abdul HalimChairmanExcellent Ceramic Group
Abdul Hakim SumonManaging DirectorExcellent Ceramic Group
Md. Kazim UddinCEONational Life Insurance PLC
Imran AhmedExecutive DirectorExcellent Ceramic Group
Prabir Chandra Das, FCACFONational Life Insurance PLC
Barrister RedwanChairmanNLI Securities
Kazi Mohammad MohsinHead of Group InsuranceNational Life Insurance PLC

Strengthening Corporate Foundations

The presence of Abdul Hakim Sumon, Managing Director of Excellent Ceramic Group and a member of the Board of Directors of Shahjalal Islami Bank PLC, further highlighted the corporate significance of the event.

By integrating National Life’s insurance products into their operational structure, Excellent Ceramic Group aims to enhance employee retention and morale during the rollout of their premium Milano brand. National Life Insurance, a pioneer in the local industry, continues to expand its corporate portfolio, providing tailored risk management solutions to large-scale industrial conglomerates.

The event concluded with an optimistic outlook on the future of the partnership, with both parties reiterating their commitment to excellence in service and social responsibility.

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