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Carnival Assure Limited

Be Assured in life, health, travel and more in just a few minutes with Carnival Assure!

Carnival Assure Ltd.: Transforming the Insurance Landscape

Carnival Assure Ltd. is an InsurTech organization-according to Insurance Development and Regulatory Authority or IDRA of Bangladesh-with the purpose of promoting easy, affordable, and transparent insurance products through hassle-free online registrations, customized insurance policy, and streamlined and quick electronic claims-settlement process.

Carnival Assure always strives to extend the country’s insurance ecosystem and ensure the mass inclusion of people in it through technology and affordability.

Carnival Assure – Key Achievements:

CategoryAchievementDetails
Customer BaseOver 240,000Distributors, employees, agents, retailers, delivery agents, field force of various FMCG and MFS organizations
Customer BaseOver 160,000Consumers reached through partnerships with multiple retail brands, MFS, and agent banking outlets
PartnershipsCollaboration with UNCDFPiloted a project to onboard micro and small enterprises as resellers of micro-insurance products to rural people
AwardsBangladesh Innovation Award 2022Awarded in the Innovation in Insurance Category for “Bundling Health Insurance with Product to increase insurance penetration to the mass”

Customer Base:

Carnival Assure currently serves over 240,000 distributors, employees, agents, retailers, delivery agents, field force, and many more of various FMCG and MFS organizations across the country.

Apart from that, Carnival Assure has been serving over 160,000 consumers across the country through partnerships with multiple retail brands, MFS, and agent banking outlets.

Partnerships and Collaborations:

It has also successfully piloted a project with the United Nations Capital Development Fund (UNCDF) for onboarding micro and small enterprises as resellers of micro-insurance products to rural people.

Awards and Recognition:

Additionally, Carnival Assure received the Bangladesh Innovation Award 2022 under the Innovation in Insurance Category for “Bundling Health Insurance with Product to increase insurance penetration to the mass”.

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