Prabhu Mahalaxmi Life Insurance 8th Anniversary: Growth and Stability Over 8 Years

Prabhu Mahalaxmi Life Insurance
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13th December 2024, Kathmandu

Prabhu Mahalaxmi Life Insurance celebrates its 8th anniversary today, having completed seven years in the business. Launched on December 11, 2017, the company has focused on delivering excellent returns and comprehensive insurance services.

Prabhu Mahalaxmi Life Insurance 8th Anniversary

The management of the company has reaffirmed its dedication to offering greater benefits to policyholders and higher returns to investors.

Anniversary Celebrations and Social Contributions

To mark this milestone, branches across Nepal, including Pokhara, have organized various social events. These activities aim to raise public awareness and engage local communities in meaningful ways.

Expanding Nationwide Reach

Since its establishment, the company has expanded its services to every corner of Nepal, including remote regions. It has become a recognized name in the life insurance sector, providing easy access to life insurance to all Nepali citizens.

Gratitude for Customer and Investor Support

The company attributes its success to the trust and support of policyholders and investors. During the anniversary celebrations, it thanked all who believed in its mission and pledged to continue offering reliable life insurance solutions, ensuring long-term security for families.

Serving Thousands of Nepalis

Over the past seven years, the company has successfully provided insurance coverage to thousands of Nepalis. Its agents have played a crucial role in spreading life and micro-insurance services throughout the country.

Impressive Growth in Seven Years

In just seven years, the company has made significant progress, now operating in all seven provinces and providing services through thousands of active agents. This expansion has allowed it to reach people in even the most remote areas of Nepal.

CEO’s Vision for Future

During the anniversary celebrations, CEO Santosh Prasai acknowledged the critical support of various stakeholders, including regulatory bodies, agents, and policyholders. He emphasized the company’s strong financial standing and its goal of becoming one of the most reliable insurance providers in Nepal.

Diverse Leadership with a Strong Female Presence

The company is proud of its leadership team, which includes several female directors. This diversity is seen as a positive shift in the insurance industry.

Executive Team Leading the Way

The company is led by CEO Santosh Prasai, who has successfully guided the company’s growth. The executive team also includes Deputy CEO Kishor Prasad Lamichhane, Deputy General Manager Son Bahadur Magar, Assistant General Manager Namas Singh Deuja, and Tika Datt Pyakurel. With a large network of agents, the company continues to provide life and micro-insurance services nationwide.

For more: Prabhu Mahalaxmi Life Insurance 8th Anniversary


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