Four-day conference of National Life Insurance concludes

Kathmandu. National Life Insurance Company Limited (NLIC) has concluded a four-day conference on Sunday. The Branch Managers’ Conference was held at Hotel Manakamana Hillcrest Resort in Manakamana, Gorkha.

The conference held with the theme of ‘Raising the Bar, Redefining Success’ held extensive discussions and training on the company’s business expansion, upcoming business strategy, challenges of competitive insurance market and capacity enhancement of employees. The inauguration ceremony was presided over by the company’s Chairman Prema Rajya Laxmi Singh.

Addressing the event, Chairman said that the life insurance business is becoming competitive day by day and there is a challenge for all of us to prepare ourselves accordingly and promote the business and for this, the company has always been moving forward to provide necessary training and in this regard, which is now famous all over the world and especially has the potential to contribute a lot in life insurance, by providing training to the employees in the field of Artificial Intelligence, we are striving to promote the digital marketing of the company He expressed his opinion.

The company is continuously contributing to the career development of its employees by investing as much as possible in human resources and will continue to do so in the days to come. He expressed the belief that the company’s business height will increase further in the coming days with the maximum efforts and mutual coordination of the employees. In his welcome speech, CEO of the company Suresh Prasad Khatri said that with the beginning of the new fiscal year, we have come together to embark on a new journey, new resolutions and new opportunities.

The conference was attended by more than 200 participants including the departmental heads of the company, provincial chiefs, branch chiefs and marketing staffers from all over the country and Director of Insurance Authority of Nepal Sambha Raj Lamichhane imparted training on prevention of money laundering and financing of terrorism. Stating that the possibility of money laundering is increasing through life insurance as well, he stressed that all the employees working in the company should be especially alert and responsible in this regard.

Similarly, Artificial Intelligence trainer Bishwa Raj Poudel imparted special training to the employees with the objective of making them proficient in technology. He provided information about various tools of AI and how to use AI to provide effective marketing to the insurance business through digital medium. Likewise, International Trainer Suran De Silva from Sri Lanka presented various practical examples and imparted training to the participants on market expansion, business growth and ways to succeed in the competition.

On the occasion, the company’s chairman felicitated and awarded five branch offices for their outstanding performance in various aspects of branch operation in the fiscal year 2082/83, as well as the best three branch offices on the basis of maximum first insurance premium collection, maximum active agent production and maximum number of insurance policies.

Various musical and entertainment programs were also organized in the conference with the objective of capacity building of employees and strengthening mutual relations. Badminton and table tennis tournaments and musical chairs were organized with the participation of male and female staff.

Chief Executive Officer (CEO) Suresh Prasad Khatri handed over the prizes to the employees who excelled in various categories of sports competitions.

The four-day conference has worked to determine the company’s future business strategy and further strengthen the coordination, capacity building and institutional commitment among the employees of the branches and central offices.

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