Nepal Life Damak Committee Formation and Leadership

29th March 2026, Kathmandu

The Nepal Life Damak Committee has been officially formed under the Nepal National Insurance Agents Association marking a significant development in the insurance sector of eastern Nepal.

Nepal Life Damak Committee

This newly established committee at the Damak branch of Nepal Life Insurance Company Limited aims to unify insurance agents safeguard their professional rights and strengthen their collective voice. As the insurance industry in Nepal undergoes rapid regulatory changes the formation of such local bodies is essential for maintaining high professional standards and ensuring the welfare of the workforce.

Background and Purpose

The committee formation took place on March 23 2026 during a well attended interaction program at the Kankai Party Palace in Damak 9. Hundreds of insurance agents gathered to witness and participate in this milestone event. The primary objective behind forming the Nepal Life Damak Committee is to bring all active insurance agents under a single organized platform. This initiative ensures that both agents and policyholders can have their concerns effectively communicated to the relevant corporate and regulatory authorities. It also emphasizes protecting professional dignity and promoting unity within the burgeoning insurance community of Jhapa district.

Key Objectives of the Committee

The newly formed Nepal Life Damak Committee is expected to focus on several critical areas that affect the daily operations of insurance professionals. These objectives align with the broader mission of the Nepal National Insurance Agents Association to empower insurance professionals across the country.

Key focus areas include:

• Promoting unity among various levels of insurance agents in the Damak region.
• Safeguarding the legal rights and financial interests of the agents.
• Enhancing communication between the branch management and the agent network.
• Strengthening professional standards and ethics to improve public trust.
• Supporting agents in resolving industry challenges related to policy digital transformation.

Leadership Structure of Nepal Life Damak Committee

The committee comprises experienced individuals who will lead various responsibilities and ensure the effective functioning of the branch association. The leadership reflects a mix of seasoned veterans and energetic new professionals.

Executive Office Bearers

Chairperson: Nabin Tamrakar

Vice Chairperson: Tilrupa Subedi

Secretary: Lal Bahadur Khadka

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Joint Secretary: Rama Devi Pathak

Treasurer: Sudha Kandangwa

Committee Members

The committee also includes several active members dedicated to grassroots mobilization such as Soma Kumari Rai, Harihar Dulal, Reshma Limbu, Manit Dhimal and Bishnu Maya Adhikari. Other notable members joining the executive body include Ajay Shah, Laxmi Prasad Bhega, Hemant Rijal, Saju Diyali and Hari Kumar Karki, among others.

Chief Advisors

To ensure strategic guidance, the committee has appointed a board of advisors consisting of Janak Koirala, Naresh Banjara, Bhagiratha Upreti and Jeevan Jyoti Bajracharya. These advisors bring years of institutional knowledge to help the committee navigate complex industrial relations.

Presence of Key Dignitaries

The event was inaugurated by Rajendra Amatya, the President of the Nepal National Insurance Agents Association, who lit the ceremonial lamp to mark the beginning of a new era for the Damak agents. The program also featured participation from several senior officials and central committee members of the association.

Notable guests included Senior Vice President Ram Kumar Budhathoki, Secretary Shri Prasad Sitoula and Joint Secretary Ganesh Kalikote. Local government representatives, including Regina Bhattarai Prasai and Ward Chair Kuber Bhattarai, were also present to show their support for the organised labour and professional groups in the municipality.

Commitment and Future Vision

During the event the newly elected officials expressed a strong commitment toward advancing the interests of all insurance agents. They pledged to raise agent concerns at the highest levels of management and ensure professional safety and security for everyone involved in the sector. Their vision reflects a strategic effort to build a more organized and supportive insurance ecosystem that can withstand market fluctuations and regulatory shifts.

Impact on the Insurance Industry

The formation of the Nepal Life Damak Committee is expected to create a positive ripple effect across the insurance sector in Koshi Province. Participants at the event expressed confidence that this initiative will boost morale among insurance professionals and improve collaboration. By addressing long standing professional challenges through a unified front the committee aims to enhance the overall credibility of the insurance industry in the eyes of the general public.

Conclusion

The establishment of the Nepal Life Damak Committee represents a progressive step toward empowering insurance agents in Nepal. With a structured leadership team clear objectives and strong institutional backing from the national association the committee is poised to make meaningful contributions to the industry. As the insurance sector of Nepal continues to grow through 2026 and beyond such initiatives will be essential in ensuring that agents remain united protected and professionally respected.

For More: Nepal Life Damak Committee