IGI Complex Inaugurated: A New Landmark for IGI Prudential Insurance in Kathmandu
27th February 2026, Kathmandu
In a move that signals a significant leap forward for the Nepalese financial landscape, IGI Prudential Insurance Limited has officially inaugurated its new state-of-the-art corporate headquarters, the IGI Complex, in Panipokhari, Kathmandu.
IGI Complex Inaugurated
The grand opening ceremony marks a pivotal moment for the company, which currently stands as a leader in Nepal’s non-life insurance sector with the highest paid-up capital in the industry (NPR 3.02 billion).
A Landmark Achievement in Corporate Infrastructure
Located in the heart of the capital (Kathmandu Ward No. 3), the IGI Complex is more than just an office building; it is a symbol of stability and modernization.
Scale: The 12-story structure spans approximately 60,000 square feet.
Facilities: The complex includes two dedicated floors for parking and a customer-centric design aimed at streamlining insurance services.
Digital Integration: The building is equipped with advanced digital service systems to support the company’s “technology-first” approach to claims and policy management.
The ribbon-cutting ceremony was a high-profile event, featuring Mr. Hem Raj Dhakal (Chairman), Mr. Sushil Dev Subedi (Executive Director of the Nepal Insurance Authority), and Mr. Chandra Prasad Dhakal (President of FNCCI and founding shareholder).
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Strengthening the Nepalese Insurance Market
During the inauguration, Chairman Hem Raj Dhakal emphasized that the new facility is a “foundation of security” for the future. He noted that the IGI Complex would enhance the company’s ability to provide fast, transparent, and reliable services to its growing customer base.
Mr. Chandra Prasad Dhakal, reflecting on the company’s 11-year journey, highlighted the importance of integrity in the financial sector. He noted that the growth of IGI Prudential serves as a benchmark for the Nepalese insurance industry, demonstrating that sustainable growth is achievable through ethical business practices and strong regulatory compliance.
Why This Matters for Policyholders
As the insurance market in Nepal evolves in 2026, IGI Prudential is positioning itself to meet modern demands. The new headquarters will serve as the central hub for:
IGI Health Care: Providing cashless medical services across a wide network of hospitals in Nepal and India.
Digital Transformation: Faster processing of motor, property, and agriculture insurance through integrated tech platforms.
Enhanced Reliability: With its massive capital base and new infrastructure, the company offers a higher level of financial security for large-scale industrial and individual risks.
Looking Ahead: The Future of IGI Prudential
With the transition of the central office from its previous location at Bhim Plaza, Naxal, to the new Panipokhari complex, IGI Prudential is ready to lead the next wave of insurance innovation in Nepal. As the industry faces new challenges in 2026 from climate risks to digital security, the IGI Complex stands as a testament to the company’s readiness to protect the assets and futures of the Nepalese people.
About IGI Prudential Insurance Limited
IGI Prudential Insurance Limited is a leading non-life insurance provider in Nepal, formed through the successful merger of IGI Insurance and Prudential Insurance. The company offers a wide range of products, including Motor, Travel, Health, Agriculture, and Engineering insurance.
