Company Information

Get to know Provati Insurance

Provati Insurance Company Limited is a prominent non-life insurance company in Bangladesh, established in 1996. The company offers a comprehensive portfolio of general insurance products, including Fire, Marine Cargo & Hull, Motor, and various Miscellaneous insurances covering areas like engineering, health, and personal accidents. Since its inception, Provati Insurance has focused on providing reliable service and maintaining financial stability, becoming a publicly listed company on both the Dhaka and Chittagong Stock Exchanges in 2009. Its mission is to be a leading insurer in the country by delivering quality services, ensuring customer satisfaction, and contributing to the national economy.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Provati Insurance

Bangladesh

Founded in

31 Jan 1996 (30 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.