Siddhartha Premier Insurance Limited (SPIL) an ISO 9001: 2015 Certified Company - headquartered at Babarmahal (Hanumansthan), Kathmandu, Nepal is formed after the successful merger between two established companies’ viz. Siddhartha Insurance Limited and Premier Insurance Co. (Nepal) Limited. The company is promoted by one of the reputed class A Commercial Bank i.e Siddhartha Bank Ltd., successful entrepreneurs, prominent and established trading and business conglomerates as well as industrialists.
The company has employee strength of 600+ over a network of 128 offices across the nation & it is dedicated in providing one-stop solution for the entire non-life insurance services. The various lines of business that it underwrites are Property, Motor, Marine, Engineering, Aviation, Livestock & Crops, Micro & Miscellaneous.
SPIL has a strong focus on customer centricity and it aims at delivering exceptional and caring experience for the customers by virtue of its quality services and a hassle-free claim settlement. It has also developed and implemented various initiatives to provide innovative products, risk management solutions & reliable fund performance for maximum TRUST & SECURITY to the customers since last three decades.
SPIL’s greatest strength is human capital. In a business that begins and ends with people, SPIL’s human resources have huge responsibilities on their shoulders so as to ensure that the broad vision, mission and core values pursued by the company are met for the sustainability of the business and customers as well. SPIL is backed up with the reknowned & rated reinsurance arrangements, which provides more security for its equity and solvency by increasing its ability to withstand the financial burden, when unusual events occurs. Corporate good governance and risk management practices along with corporate social responsibilities have always been our focus for excelling further and remaining the leader in the Nepalese general insurance industry.
MISSION
“To deliver insurance services promptly, with integrity and a desire to serve our esteemed stakeholders, while upholding a high quality of teamwork for
excellence and continuous improvement.”
VISION
“To become the first choice for non-life insurance by providing secure coverage."
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