About Sadharan Bima Corporation (SBC)

Sadharan Bima Corporation (SBC) is the only state-owned non-life insurance company in Bangladesh and holds a unique position in the country’s insurance industry. Established in 1973 under the Insurance Corporation Act, SBC has been serving as a central pillar of Bangladesh’s public-sector insurance framework for decades. Unlike private insurance companies, SBC plays a statutory role in insuring government-owned properties and public-sector projects, making it a key institution in the national insurance ecosystem.

Headquartered at Dilkusha Commercial Area in Dhaka, Sadharan Bima Corporation offers a broad range of non-life insurance products for businesses, government agencies, and individuals. Its service portfolio includes marine insurance, fire and property insurance, motor insurance, engineering insurance, miscellaneous accident coverage, and cargo protection. Because of its wide scope of services and institutional authority, SBC is often involved in large-scale infrastructure, industrial, and public-sector insurance programs across Bangladesh.

One of SBC’s most important roles is its mandatory co-insurance participation in public property insurance under Section 16 of the Insurance Corporation Act 2019. This means many government projects and public assets must include SBC in their insurance arrangements. This unique legal framework makes SBC a major player in the Bangladeshi insurance market, particularly in sectors like construction, energy, transport, and public infrastructure.

SBC also maintains an extensive branch network throughout Bangladesh, making its services accessible across major cities and districts. This nationwide presence gives businesses and policyholders easier access to insurance consultation, policy issuance, and claims support. Its long operational history and government backing have helped build trust, especially for large institutional clients and contractors working on public projects.

For importers, exporters, factory owners, construction firms, and logistics operators, Sadharan Bima Corporation remains one of the most recognized names for managing complex commercial risks. It is particularly relevant for marine cargo insurance, engineering insurance, and large-scale property protection.

Businesses looking to compare insurance providers in Bangladesh can review SBC’s products, branch details, and service categories through trusted directories like Info Ghor before choosing the right coverage for their needs. With its statutory authority, broad product range, and decades of market presence, Sadharan Bima Corporation continues to play a critical role in Bangladesh’s non-life insurance sector.