SICHO Benefits from MetLife

SICHO to benefit from MetLife insurance services

Dhaka July 26, 2023

[Dhaka, July 19, 2023] SICHO, a leading company for logistical requirements Infrastructure Logistics in the country, recently signed an agreement with MetLife Bangladesh to provide insurance facilities to for its employees.

The signing ceremony between SICHO Group & MetLife took place recently at the former’s office in Chattogram.

As part of this, all 173 employees of SICHO will receive financial support for medical treatments, accidents and loss of life. The company selected MetLife as the employee insurance provider because of the insurer’s customized solutions, online claims settlement service, faster payment of insurance claims and financial strength.

Late Mr. Shamshul Islam Chowdhury, also known as S. I. Chowdhury, founded SICHO in 1968.

SICHO has been a key player in supply-chain transformation and meeting customers’ unique logistics needs for more than Last 55 years.

In Bangladesh, MetLife provides insurance protection to over 270,000 employees and their dependents of more than 800 organizations.

“This collaboration is an effort to extend our care to the people who want to make a difference in Bangladesh’s logistical industry. I am sure that the services of MetLife will be heavily beneficial for our employees.” said A.N.M. Shahidul Islam Chowdhury, Director, SICHO Group.

Nafis Akhter Ahmed, Chief Corporate Business Officer, MetLife Bangladesh, said, “We are delighted to join hands with SICHO which is a leading logistical name in the country. MetLife is happy to be a part of SICHO’s journey. Our extensive experience with such businesses has enabled us to provide a tailor-made solution for SICHO’s required services.”

MetLife Bangladesh Southeast Region’s Head Mr. Khurshed Kaisar and Head of Employee Benefits Sales Md. Monirul Islam were present at the event among others.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com

MetLife Bangladesh is the leading international life insurer in the country serving over a million customers in Bangladesh. To learn more, please visit: www.metlife.com.bd

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