From Paper to Portal: The Rise of Digital Insurance in Bangladesh
At long last, the winds of digital disruption have begun to stir the sails of Bangladesh’s insurance sector. While industries such as banking, telecom, and retail have already embraced technology as a competitive edge, insurance remained a sleeping giant—anchored to archaic processes and legacy mindsets. But that narrative is shifting. With digitalization now viewed as both a strategic imperative and a market differentiator, insurers are finally charting a course from paper to portal. The era of digital insurance in Bangladesh has arrived—with a calculated, transformative push by forward-thinking players.
The digital transformation of Bangladesh’s insurance industry formally began in 2018, when two insurers—Guardian Life Insurance and Green Delta Insurance—took pioneering steps to intro...