National Life to Insure Excellent Ceramic Group

In a significant move to bolster employee welfare and corporate security, Excellent Ceramic Group has entered into a comprehensive group life and health insurance agreement with National Life Insurance PLC. The formal signing ceremony took place on 15 February at the National Life Insurance headquarters, situated in the NLI Tower in Karwan Bazar, Dhaka.

The strategic partnership aims to provide a robust safety net for the workforce of Excellent Ceramic Group, particularly covering the staff of their prestigious new venture, Milano Ceramics—a premium tiles and sanitaryware brand. Under this agreement, employees will gain access to critical life insurance coverage and enhanced medical benefits, ensuring financial stability for their families in the event of unforeseen circumstances.

High-Level Representation

The agreement was formalised by Md. Kazim Uddin, Chief Executive Officer of National Life, and Imran Ahmed, Executive Director of Excellent Ceramic Group, who signed the documents on behalf of their respective organisations. Following the signing, the policy documents were officially exchanged by the Chairmen of the two entities: Tofazzal Hossain (National Life) and Abdul Halim (Excellent Ceramic Group).

The event was attended by a distinguished cohort of corporate leaders, including:

Barrister Redwan, Chairman of NLI Securities.

Abdul Hakim Sumon, Managing Director of Excellent Ceramic Group and Director of the Board at Shahjalal Islami Bank PLC.

Prabir Chandra Das FCA, Chief Financial Officer of National Life.

Kazi Mohammad Mohsin, Head of Group Insurance at National Life.

Partnership Overview

Strengthening Corporate Welfare

This collaboration underscores a growing trend within the Bangladeshi industrial sector to prioritise human capital. By securing health and life benefits, Excellent Ceramic Group is not only fulfilling a moral obligation to its staff but also positioning itself as an “employer of choice” in the competitive ceramics market.

National Life Insurance, a pioneer in the local insurance industry, continues to expand its corporate portfolio through such alliances. The inclusion of the Milano Ceramics brand in this deal highlights the group’s commitment to protecting its newest assets and the personnel driving its market expansion.