1. The Company was incorporated on 31st January 1996 and started its operation on 2nd April 1996. The Company was listed with DSE & CSE on 18th Jan 2010. Alhaj Md. Mofizur Rahman is the Chairman and Mr. Md. Zahedul Islam (Zahid) is the Chief Executive Officer of the Company.
2. The paid up capital of the company is taka 40,31,22,370 (Forty crore thirty one lac twenty two thousand three hundred seventy) taka only. Total assets are worth Tk 171.53 Crore. Net asset Value per share is 20.99 and Earning per share is Tk. 2.20(December.2023).
3. The Company has 61 Branches with 950 employees of different categories.
4. Provati Insurance is a "AAA" rated company.
5. The Company is a member of:
- a) Bangladesh Insurance Association (BIA)
- b) Bangladesh Insurance Forum (BIF)
- c) Bangladesh Association of Publicly Listed Companies (BAPLC)
- d) Dhaka Chamber of Commerce & Industry (DCCI)
- e) e-commerce Association of Bangladesh (e-CAB)
- f) Dutch-Bangla Chamber of Commerce & Industry (DBCCI)
- g) Bangladesh China Chamber of Commerce And Industry (BCCCI)
- h) Latin America-Bangladesh Chamber of Commerce And Industry (LABCCI)
- i) Eastern European-Bangladesh Chamber of Commerce And Industry (EEBCCI)
6. The company is also certified ISO 9001:2015 by Youable.
7. The vision of the Company may be summed up below:
- a. To establish a strong economic security base in the field of commerce and industry of the country.
- b. To become one of the best general insurance companies in every sense & every sphere whatsoever.
- c. To win the support and satisfaction of the clientele by reaching out company services to their doorsteps.
- d. To establish a standard of performance to be carried on from generation to generation.
