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Corporate Excellence Award 2024: Citizen Life Insurance Wins, Nepal’s Coverage & Financial Growth

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26th February 2025, Kathmandu

Citizen Life Insurance Company has been honored with the prestigious Corporate Excellence Award 2024 in the life insurance category. The award was presented by HRM Nepal in recognition of the company’s outstanding performance and significant contributions to the insurance sector.

Corporate Excellence Award 2024

This achievement reflects Citizen Life Insurance’s dedication to innovation, customer satisfaction, and excellence in service delivery. With a strong commitment to providing reliable and comprehensive insurance solutions, the company continues to set new benchmarks in Nepal’s life insurance industry.

Recognition for Excellence

Citizen Life was selected from a group of nominated life insurance companies. The award was based on a detailed evaluation of financial performance, governance, and key industry indicators. Citizen Life stood out due to its strong financial management, ethical business practices, and commitment to providing quality insurance services.

Grand Award Ceremony

The award was handed over during a special event on Tuesday. CEO Poshak Raj Paudel and Deputy CEO Dip Bahadur BC accepted the honor on behalf of the company. The event highlighted Citizen Life’s achievements in promoting sustainable insurance growth and expanding insurance coverage in Nepal.

Commitment to Sustainable Growth

Citizen Life has actively worked to increase insurance awareness and accessibility in Nepal. By reaching out to different communities, the company has helped more people secure financial protection. Despite being a relatively new company, it has quickly gained recognition for its customer-centric services and innovative insurance solutions.

A Strong Market Presence

Since its establishment, Citizen Life has focused on delivering efficient and results-driven insurance services. Its ability to adapt to market needs and introduce new insurance policies has contributed to its rapid growth. The company’s dedication to customer satisfaction, financial security, and transparency has made it a leading name in Nepal’s insurance sector.

Looking Ahead

Winning this award further reinforces Citizen Life’s reputation as a trustworthy and high-performing insurance provider. The company remains committed to expanding its services and setting new standards in Nepal’s insurance industry.

For more: Corporate Excellence Award 2024

 


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