InsurTech (Insurance + Technology) companies are organizations that leverage modern technologies—such as Artificial Intelligence (AI), Internet of Things (IoT), Big Data, and Machine Learning—to innovate and simplify insurance services. These companies make processes like policy registration, risk assessment, claim submission and customer support more efficient and accessible.
As a result, insurance services become more affordable, accessible and effective for the general population especially for marginalized and underserved communities.
Adorsho PraniSheba Limited is one of Bangladesh's premier Insurance Development and Regulatory Authority (IDRA) approved and licensed InsurTech companies.
We collaborate with Sena Insurance PLC, Nitol Insurance, Green Delta Insurance, Union Insurance Company Limited, Pioneer Insurance Company Limited, and Phoenix Insurance.
We utilize cutting-edge 4IR technologies including Artificial Intelligence (AI), Internet of Things (IoT), Cloud-based Monitoring Systems, and Machine Learning (ML) for muzzle-based cattle identification, real-time health monitoring, and facilitating affordable insurance services.
As one of our primary services, we provide comprehensive support to farmers in accessing insurance benefits through partnerships with IDRA-approved insurance companies. Our services include: completing registrations, assisting with documentation, processing claims, and providing technical support. Through this process, farmers can receive up to 90% of their cattle's value as compensation within 15 working days.
"Adorsho PraniSheba Limited" is an IDRA Certified Digital Platform that ensures financial security for cattle, simplified insurance processes for marginal farmers, and sustainable economic stability. Through digital InsurTech solutions, Adorsho PraniSheba Limited is relentlessly working to improve the quality of life for farmers across Bangladesh.
Adorsho PraniSheba Limited has received approval and licensing from IDRA.
License Number:
53.03.0000.017.16.035.2024
Issue Date:
June 13, 2024
Phoenix Insurance Company Limited
Sena Insurance PLC
Currently marketing insurance products for partner insurance companies through branch offices and social media platforms like Facebook.
Developing a platform for insurance product marketing and online sales, launching soon.
Sena Insurance PLC (In Planning)
Providing other insurance services as determined by authorities
Adorsho PraniSheba Limited is Bangladesh's one of the best IoT-based livestock monitoring platform that uses 4th Industrial Revolution technologies (AI, IoT, Machine Learning) for muzzle-based cattle identification, real-time health monitoring, and data-driven claim verification to ensure affordable insurance services for farmers.
We are not directly involved in insurance underwriting but serve as partners to IDRA approved leading insurance companies, helping farmers with registration, documentation, claim submission, claim follow-up, and continuous technical support.
Adorsho PraniSheba Limited is a licensed InsurTech company by Bangladesh Insurance Development and Regulatory Authority (IDRA), authorized to assist marginal farmers in accessing insurance services under our license.
We partner with Sena Insurance PLC, Nitol Insurance, Green Delta Insurance, Pioneer Insurance Company Limited, Phoenix Insurance, and Union Insurance Company Limited to work more effectively. Beyond cattle insurance, farmers can now access crop insurance through our platform.
Remote medical consultation and health management
Market connection services for farmers
Real-time data analysis and reporting
Our crowd-funding platform provides investors with opportunities to contribute directly to improving the lives of farmers.
In the future, we plan to expand beyond livestock to include fisheries insurance and fire insurance services. Our goal is to bring every farmer, livestock owner, and fish farmer under the umbrella of modern technology and economic protection.
We collaborate with Bangladesh's leading insurance companies