Protective Micro Insurance Limited has appointed Laxmi Sunrise Capital as the underwriter for its IPO of 22.5 lakh ordinary shares.
Protective Micro Insurance Limited has appointed Laxmi Sunrise Capital Limited as the underwriter for its public issuance of 22.5 lakh ordinary shares. The agreement was signed by Vijay Lal Shrestha, CEO of Laxmi Sunrise Capital, and Naresh Kumar Roka, CEO of Protective Micro Insurance.
Operating as a non-life microinsurance company, Protective Micro Insurance received its business operation approval on Jestha 8, 2080 B.S. Since Asar 31, 2080 B.S., the company has been issuing micro non-life insurance policies.
Established to provide insurance services to communities with limited access, the company focuses on delivering coverage to low-income and marginalized groups. Through its services, clients can manage financial risks and gain protection against unforeseen events.
Protective Micro Insurance offers various accessible non-life microinsurance options tailored to the needs and aspirations of its target groups. Currently, the company provides services through 33 offices spread across all seven provinces of Nepal.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
