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Tk 600cr project to speed up automation in insurance IDRA chairman says at a roundtable Star Business Report Star Business Report An ongoing big project worth over Tk 600 crore taken by the government will ensure faster upgradation and automation of the insurance sector, said M Mosharraf Hossain, chairman of the Insurance Development and Regulatory Authority (IDRA). "The true purpose of insurance will be served only if we can make the service faster and smoother, which can be ensured through automation," he said. He was speaking at a roundtable on "...

Beximco Pharma shares perk up on vaccine deal Its stock price soared 58pc in three months; DSEX rose 2.16pc last week Beximco Pharma has been the top choice for stock investors in the last few weeks as they believe the drug producer will make higher profits in the days to come with the administering of a Covid-19 vaccine in Bangladesh. Stock price of the local drug maker rose 58 per cent to Tk 174 in a span of the past three months. Piggybacking on the upward trend in pharmaceutical and insurance sectors, the DSEX, the benchmark index of Dhaka Stock Exchange, rose 110 points or 2.16 per cen...

Green Delta introduces AI-based InsuMama app Photo: Courtesy Star Online Report Star Online Report Green Delta Insurance Company (GDIC) has introduced an artificial intelligence (AI)-based mobile application which is the first of its kind in the non-life insurance segment featured with instant account opening and policy purchase tool online.  Using the app titled 'InsuMama', policy holders can also pay their premiums online and renewal of policies on a single tap on the digital platform as the officials informed at a webinar on Sunday.  Dr M Mosh...

Head of Programme, World Food Programme (WFP) Bangladesh In Bangladesh, we are implementing a five-year country strategic plan which will end in December 2020 and then be extended for another year. In this five-year country strategic plan, WFP has worked in areas where humanitarian help is necessary and in other areas with the help of different government agencies. By providing technical assistance we improved the systems for designing the safety net programmes. WFP also carries out some innovative works such as development of systems that can improve the delivery of social protection program...