Ajod Insurance Company Limited (AIL)
Introduction of the Company
Ajod Insurance Limited (AIL) is one of the non-life insurance companies in Nepal. It was established under the Insurance Act of 1992 (2049 B.S.). It received license and approval from the Nepal Insurance Board (Beema Samiti), which allowed it to start operations in 21st Ashadh 2075 (5th July, 2018).Currently, the Company is founded and supported by leading commercial banks, bankers, and highly motivated professionals with successful careers in public and private sectors (Civil Servants/Armed Forces), hydropower, supermarkets, real estate, and trading firms as well as diplomatic experience.
Therefore, AJOD enjoys a powerful foundation and amalgamation from Nepal’s intellectuals to financiers with an active involvement for its nourishment and growth. Furthermore, the company has been able to compete effectively and moved forward quickly to grasp the growing market shortly after establishment by pursuing a strategy of aggressive marketing, prompt service delivery, and result-oriented action, as well as maintaining the highest standard possible.
Goal of Ajod Insurance Company (AIL)
The company’s mission is to provide the best general insurance services by valuing customers in all possible ways and making them feel special and assured through personalized services with passion, determination, innovation, integrity and positive approach. AJOD Insurance Limited is striving to provide efficient and quality services to its customers, provide reasonable rate of return to its shareholders and stakeholders, offers handsome remuneration and various benefits with career advancement to the employees and sincerely meets corporate social responsibility towards the society.
Capital Structure of Ajod Insurance Company (AIL)
- Authorized Capital: NRs 1,000,000,000
- Issued Capital: NRs 1,000,000,000
- Paid Up Capital: NRs 1,000,000,000
Products of Ajod Insurance Company (AIL)
- Property Insurance
- Marine/Transit Cargo Insurance
- Motor/Vehicle Insurance
- Engineering Insurance
- Aviation Insurance
- Agriculture Insurance (Cattle and Crops)
- Micro Insurance
- Miscellaneous Insurance
BODs of Ajod Insurance Company (AIL)
| Designation | Name |
| Chairman | Mr. Ajad Shrestha |
| Director | Mr. Ram Bahadur Gurung (Retired Major General) |
| Director | Mr. Sagar Gurung |
| Director | Chiranjivi Dwa |
| Director | Shreejana Subedi |
| Public Director | Panu Datta Poudel |
| Public Director | Bishnu Prasad Nepal |
| BS / CM / Public Relation | B.P. Upadhayay |
Contact Details of Ajod Insurance (AIL)
- Location : CTC Mall (7th Floor), Baagdurbar Marga, Sundhara, Kathmandu
- Phone Number: 977-01-4233743, 4243303
- Fax Number: +977 01 4244013
- Toll Free Number: 16600186496
- Email: info@ajodinsurance.com
- Website: https://www.ajodinsurance.com/