IGI Prudential Insurance Partners with Janakpur Bolts for Player Insurance and Corporate Collaboration
9th October 2026, Kathmandu
IGI Prudential Insurance Limited has signed a corporate partnership agreement with the cricket franchise Janakpur Bolts.
IGI Prudential Janakpur Bolts Partnership
The partnership is all set to strengthen financial security for players and promote cricket development in Nepal.
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Understanding the Institutional Strategic Partnership
This agreement creates a collaborative framework that links general insurance services with sports risk management. Through this joint initiative, both organizations aim to combine their institutional resources, expertise, and reach to support national athletes while driving cricket expansion.
- Official Signatories: The agreement was formally signed by Yugesh Bhakta Bade Shrestha, Chief Executive Officer of IGI Prudential Insurance, and Niroj Khatiwada, General Manager of Janakpur Bolts.
- Signing Date: Ashwin 23, 2083 (October 9, 2026).
- Core Purpose: Designed to enhance financial safety for athletes, promote cricket as a premier sport, and expand corporate synergies between the two organizations.
Comprehensive Insurance Coverage and Strategic Commitments
Under the terms of the agreement, IGI Prudential Insurance will act as the exclusive insurance partner for the Janakpur Bolts franchise. The policy covers all operational and sports-related risks faced by individuals associated with the club during their active playing tenure.
- Covered Personnel: Complete insurance coverage will be extended to all Janakpur Bolts Nepali cricket players, coaches, technical staff, and administrative officials.
- Institutional Mandate: Janakpur Bolts has committed to securing all institutional and individual insurance coverage exclusively through IGI Prudential Insurance.
- Corporate Sports Vision: CEO Yugesh Bhakta Bade Shrestha highlighted the bank’s active involvement in supporting cricket, volleyball, football, and regulatory futsal tournaments to keep player morale high.
- Long-Term Impact: General Manager Niroj Khatiwada expressed appreciation for the partnership, noting that securing comprehensive financial protection boosts player confidence and accelerates the club’s long-term operational growth.
