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Bhaktapur Life Insurance Awareness: Shikhar Insurance’s Business Risk Management Program

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3rd April 2025, Kathmandu

The Bhaktapur Chamber of Commerce and Shikhar Insurance Company recently organized a program to raise awareness about life insurance. The event aimed to educate local business owners and industrialists about life insurance’s role in reducing financial risks for businesses.

Bhaktapur Life Insurance Awareness

Event Overview

The program took place on Wednesday at Hotel Ghyampedanda, located in Suryavinayak Municipality, Bhaktapur. It focused on life insurance, its benefits, and how it can protect businesses from unexpected events. Attendees gained important insights into life insurance, helping them make informed decisions about coverage.

Emphasizing the Importance of Insurance

Roshanimaya Dhaubanja, President of the Bhaktapur Chamber of Commerce, inaugurated the event by stressing the importance of life insurance. She explained that life insurance is essential to minimize financial risks in business operations. Dhaubanja encouraged business owners to safeguard their companies against risks like natural disasters or unforeseen events that could result in major losses.

Simplifying the Insurance Process

During the session, Deep Prakash Pande, CEO of Shikhar Insurance, emphasized that life insurance is not just a formality but a necessity. He assured the attendees that the insurance process is straightforward and that Shikhar Insurance ensures that claims are processed smoothly. Pande also highlighted the company’s commitment to providing accessible and effective insurance services.

Understanding Insurance Options

The session also featured Udit Prasad Khafle, General Manager of Shikhar Insurance, who explained the different types of insurance available. He discussed property insurance, travel medical insurance, vehicle insurance, and other coverage options for businesses. Additionally, Suraj Rajwaha, Deputy General Manager at Shikhar Insurance, shared details about the company’s history, its services, and how businesses can easily file claims when needed.

MoU Signing Strengthens Partnership

A key moment in the program was the signing of a memorandum of understanding (MoU) between the Bhaktapur Chamber of Commerce and Shikhar Insurance. This formal agreement aims to provide insurance services to Bhaktapur’s business community. The MoU was signed by Roshanimaya Dhaubanja and Deep Prakash Pande, marking the beginning of a strong partnership between the two organizations.

Strong Attendance and Support

Over 120 industrialists and business owners attended the program, showing strong interest in learning more about life insurance. Key figures such as Krishna Murari Nyaupane, Senior Vice President of the Bhaktapur Chamber of Commerce, and Navin Prajapati, General Secretary, also attended the event, offering their support for this initiative.

A Step Toward Business Resilience

The event was a significant step in raising awareness about the importance of life insurance in Bhaktapur. It helped business owners understand how to protect their enterprises from risks. The collaboration between the Bhaktapur Chamber of Commerce and Shikhar Insurance will strengthen the region’s business community and improve its resilience.

Conclusion

In conclusion, the program underscored the importance of life insurance for reducing risks in business. It highlighted the need for industrialists and entrepreneurs to make informed insurance decisions. With the support of Shikhar Insurance, businesses in Bhaktapur are now better equipped to face future challenges.

For more: Bhaktapur Life Insurance Awareness


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