Brac Bank, MetLife Bangladesh sign agreement for employee insurance

Brac Bank has signed an agreement with MetLife Bangladesh to offer its employees and their dependents comprehensive life and medical insurance coverage.

This partnership will ensure that more than 22,000 Brac Bank coworkers and dependents are protected against medical expenses, accidents, disabilities, and loss of life.

Insurance coverage for coworkers and dependents plays a critical role in fostering a sense of security and loyalty among the workforce.

Providing insurance protection mitigates the financial burden on people and their families in times of crisis and highlights an organization’s commitment to the wellbeing of its team.

Brac Bank has selected MetLife as its insurance provider due to MetLife’s consistent track record of claims settlement, customized solutions, and financial strength, which allows it to pay claims faster and without hassle.

The agreement was recently signed in a ceremony attended by senior officials from both organizations, including Selim RF Hussain, managing director and CEO of Brac Bank, and Ala Ahmad, CEO of MetLife Bangladesh.

“Our people are our greatest asset; their wellbeing is at the heart of everything we do. With this agreement with MetLife Bangladesh, Brac Bank continues to demonstrate its dedication to supporting wellbeing of its people, ensuring they are protected both at work and in their personal lives," commented Selim RF Hussain, managing director and CEO of Brac Bank.

“As one of the leading banks in Bangladesh, Brac Bank has set examples in business excellence and employee care. This partnership is part of our ongoing commitment to support organizations in creating a secure and resilient future for their employees," said Ala Ahmad, CEO of MetLife Bangladesh.