Guardian Life reports strong claims settlement in Q1

Guardian Life Insurance Limited has reinforced its market leadership by settling 56,478 claims in the first quarter of 2026, disbursing a total of Tk150.84 crore to policyholders and beneficiaries. The payouts comprised insurance benefits, death claims, and medical claims, with Tk83.81 crore disbursed for 11,418 death claims and Tk58.21 crore for 43,324 health and medical claims. A further Tk8.82 crore was settled for 1,736 additional claims across other categories. Sheikh Rakibul Karim, FCA, Chief Executive Officer of Guardian Life Insurance Limited, emphasised that timely and reliable claim settlement is critical for customers. "Each claim represents a moment when timely support makes a real difference. Our focus remains on ensuring customers can rely on a process that is responsive, predictable and free from unnecessary complexities—especially when it matters most," he said. Guardian Life added that it continues to expand access to insurance through bancassurance, microinsurance, and digital platforms, reaching a broader segment of the population. The company partners with more than 500 corporate clients and maintains a network of over 450 affiliated hospitals, extending coverage to over 1.3 crore individuals nationwide. Guardian Life said its scale, digital processes, and robust service infrastructure ensure faster claim turnaround and a seamless customer experience.

(Source：The Business Standard)