National Life Insurance Concludes “Start of Success” Program with Inspiring Sessions for Agents

31st October 2025, Kathmandu

National Life Insurance Company Limited, a pillar in Nepal’s life insurance sector, successfully hosted its intensive and motivational two-day program, the “Start of Success,” at the scenic Hotel Pokhara Grand.

National Life Concludes “Start of Success”

This exclusive event served as a high-profile platform to formally recognize and celebrate the exceptional achievements of approximately 300 of the company’s top-performing agents drawn from its extensive network across the country. The program was a direct extension of the company’s commitment to its field force, specifically designed to award those agents who successfully achieved their targets under the highly competitive monthly incentive plan conducted in Bhadra 2082. By blending prestigious recognition with professional skill enhancement, National Life Insurance is actively investing in the long-term career growth and productivity of its core sales engine.

Recognition and Strategic Vision from the Leadership

The “Start of Success” program was inaugurated with a traditional panas lamp lighting ceremony, led by the company’s Chief Executive Officer (CEO), Suresh Prasad Khatri. The presence of senior management, including departmental heads, provincial heads, and branch managers, underscored the organizational importance placed on the agents’ performance and contribution.

CEO’s Affirmation of Value: Addressing the motivated gathering, CEO Khatri delivered a powerful affirmation of the agents’ critical role. He highlighted that the agents were pivotal in driving the company to achieve remarkable business success in the previous fiscal year (FY 2081/82). This acknowledgement of their contribution is more than ceremonial; it is a statement of the company’s strategic prioritization of its field sales force. Khatri further reinforced this commitment by reiterating the company’s strategy to continuously roll out new incentive plans and initiatives specifically designed to motivate agents and ensure their professional progress remains a central focus.

Industry Context: The emphasis on agent recognition is vital in Nepal’s life insurance industry, where over 95% of policies are sold through the agent network. Successful companies, including National Life Insurance, consistently invest in these programs to incentivize agents, who are compensated through a combination of standard commission amounts and performance-based incentive amounts, the latter of which is often the most significant driver of loyalty and sales growth. This annual event is a key mechanism for retaining top talent in a highly competitive market, especially given the strict regulations set by the Nepal Insurance Authority (NIA) regarding how much can be spent on agent incentives.

Blending Skill-Building with Motivational Excellence

A defining feature of the two-day event was its dual focus on tangible skill enhancement and deep personal motivation, ensuring that agents left the program better equipped both professionally and personally.

Sales and Professional Development: Vivek Sharma, Head of the Marketing Department, conducted specialized sessions focused on advanced sales skills and personal development. These sessions were designed to move beyond basic sales training, equipping agents with practical, modern tools to enhance their selling techniques, improve client engagement strategies, and navigate the increasingly digital landscape of insurance sales. Continuous skill-building initiatives are critical for life insurance agents who must maintain specialized knowledge about complex products like whole life, endowment, and retirement plans.

Inspiration from a Cultural Icon: Adding significant star power and drawing cultural resonance, renowned Nepali actor and cultural icon Rajesh Hamal delivered a special address. Hamal shared profound insights drawn from his own illustrious personal and professional journey, stressing timeless virtues crucial for success in any field: persistence, responsibility, and unwavering dedication. He particularly encouraged agents to consistently embrace accountability in their professional pursuits, framing excellence and recognition not as single events but as the inevitable result of sustained commitment to one’s goals over time. This message strongly resonates with the long-term nature of the life insurance business, where relationship-building and consistency are paramount.

Nurturing Talent and Fostering a Culture of Success

The “Start of Success” program is a testament to National Life Insurance’s philosophy of nurturing its talent pipeline and celebrating milestones publicly. The formal recognition and awarding of certificates by the CEO to agents who excelled under the incentive initiative provided tangible evidence of the company’s appreciation for their hard work and accomplishments.

Furthermore, the interactive element of the program, particularly the opportunity for attendees to engage personally with Rajesh Hamal, added immense value, allowing agents to gain unique insights that go beyond standard corporate training. The palpable energy and sense of gratitude expressed by the participants confirmed that such comprehensive initiatives significantly contribute to both professional development and genuine career growth. By systematically blending motivation, practical skill-building, and high-level recognition, National Life Insurance effectively reinforces its position as a leading life insurer in Nepal, simultaneously strengthening the crucial relationship between its management and its dedicated field agents. The success of this event prepares the agents to tackle the targets of the current fiscal year with renewed enthusiasm, driving the company’s mission of building financial freedom for all its customers.

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