Guardian Micro Life Third Anniversary: Celebrating Growth In Micro Insurance Nepal
6th July 2025, Kathmandu
Guardian Micro Life Insurance has entered its third year of operations. The company began formal business on Ashadh 22, 2080 (6 July). It has completed two successful years and now aims for higher achievements.
Guardian Micro Life Third Anniversary
Continued Commitment To Policyholders And Investors
On its third anniversary, Guardian Micro Life reaffirmed its commitment. The company pledged to offer better benefits to policyholders and higher returns to investors. It thanked customers and stakeholders for their continued support and trust.
The company said success came from widespread public belief in its services. Management credited agents, employees, and board members for their contributions.
Services Reaching Remote Areas
Guardian Micro Life has expanded services across rural and remote parts of Nepal. The company offers simple and affordable micro life insurance products. It has helped thousands of individuals gain insurance coverage.
Insurance agents reached out to communities in several districts. As a result, many families secured their future through insurance. The company said it would continue expanding its reach and improving access.
Strong Claim Settlement And Premium Growth
By the end of Jestha (June 2025), Guardian collected NPR 456 million in total premiums. This shows significant growth. Last year, the company collected NPR 42.3 million during the same period.
The company processed and settled all valid claims. A total of 864 insurance claims were paid, totaling NPR 77.6 million. Guardian stated that its claim settlement rate stands at 100%.
Investment Growth Over The Years
Guardian Micro Life made strong financial investments. Within 11 months of the current fiscal year, it invested NPR 900.4 million. This is a major rise compared to NPR 520.7 million last year.
The company aims to continue increasing its investment portfolio. Management believes this will bring better returns for policyholders and investors.
Leading Nepal’s Digital Insurance Model
Guardian is Nepal’s first fully digital microinsurance company. It uses a paperless system to process applications and manage policies. The company said it is adopting technology to improve efficiency and quality.
It plans to use digital innovation to increase insurance access. The company believes technology can help reduce poverty and strengthen the economy.
Words Of Gratitude On Anniversary
On its anniversary, the Guardian expressed gratitude to several institutions. These include the Nepal Insurance Authority, the Nepal government, directors, employees, agents, and well-wishers. The company thanked them for their advice, cooperation, and trust.
It also thanked the media and partner organizations for supporting its mission. Guardian hopes to continue receiving the same level of trust and cooperation in the future.
Experienced Leadership Team Driving Success
Chirayu Bhandari leads the company as Chief Executive Officer. He has guided the company with skill and dedication. Under his leadership, Guardian has expanded operations and improved services.
Udip Shrestha chairs the Board of Directors. The board includes respected professionals like Trishila Jhunjhunwala, Uday Narayan Bhattarai, Dr. Jay Prakash Jaishwal, Pramod Prasad Bhattarai, Jyoti Agrawal, Shastika Shrestha, and Ram Prasad Paudel.
The executive team also includes:
Deputy CEO: Jyoti Prakash Pandey
AGM: Kailash Devkota
Chief Manager: Sunita Koirala
Senior Manager: Dilip Sharma
This team plays a vital role in shaping the company’s growth.
Expanding Presence Across Nepal
Currently, Guardian operates from 26 branches, including its central office. The company employs 62 staff members. It continues to recruit and train professionals committed to micro insurance growth.
Looking Ahead With Purpose
Guardian Micro Life is focused on improving insurance access for low-income groups. The company plans to make services more affordable, reliable, and technology-driven. It will continue supporting communities and reducing financial risk for families.
In the coming years, Guardian aims to grow further. It will introduce better products, expand outreach, and maintain its claim settlement standards. Management hopes to contribute to Nepal’s national goal of financial inclusion.
For more:- Guardian Micro Life Third Anniversary
