About us
Collusion Insurance Company Limited is a non-life coverage organization established in 1996 by driving mechanical and business places of Nepal. It has significant shareholding of Prabhu Group furthermore of Karmachari Sanchaya Kosh (Employee's Provident Fund), an undertaking of Government of Nepal. It has paid up capital of pretty nearly 18.26 crores which after the issuance of 55 percent right impart will be more than 25 crores by end of Fiscal year 2070/2071.
Mr. Devi Prakash Bhattachan, a noteworthy business pioneer and an extremely conspicuous figure in assorted ranges of business, for example, settlement, keeping money & account segment, travel exchange, vitality and foundation, likewise the Chairman of the whole Prabhu Group in Nepal, USA, Malaysia and Qatar, drives the organization as Chairman and Mr. Rajendra Malla, a presumed name in business group included in different organizations, for example, exchanging, industry, venture, foundation, hydro, training furthermore the Vice President of Chamber of Commerce and Industry, as Vice-Chairman.
Vision And Mission
Our organization has made an imprint as a rumored and solid safety net provider in the field of non-disaster protection in Nepal in these ten years since its initiation. In the setting of globalization, we expect to make progress in the days to obtain going to the terms with changing times and the needs it gets its wake in the territories of protection. We have satisfied the desires of our esteemed customers who have remained by us through the years and we would like to expand the quantity of fulfilled clients in geometrical movement in the days to get giving quality administration and money related pay in the occasion of unforeseen adversities.
Board Of directors
Mr. Devi Prakash Bhattachan
Chairman
Mr. Rajendra Malla
Vice Chairman
Ms. Kusum Lama
Director
Mr. Dakshya Poudel "Subhash"
Director
Mr. Krishna Prasad Acharya
Director
Mr. Ranakeshav Pradhan
Director
Dharma Bhakta Balla
Director
Our Products
Fire Insurance: Fire protection covers a wide range of
versatile and fixed property having financial quality which incorporates
structures, plants, hardware, furniture, apparatuses and fittings, family
articles, stocks and stock and so forth.
Fire strategy can be reached out to
cover:
1] quake
2] mob and strike harm, terrorism
3] vindictive harm
4] storm, whirlwind, surge and
immersion, avalanche
5] air ship harm or articles dropped
there from
Household Insurance: Under this protection the organization will reimburse the
safeguarded against loss of or harm to the private abiding house and the family
unit substance in that by any of the accompanying hazards without an additional
premium. The principle goal of this is to ensure the settled resources of the
administration holders. The total not surpassing Rs. 5,000,000 can be protected
against the dangers specified beneath.
- flame,
lightning, blast of local machines and quake
- storm
and surge & Inundation
- subsidence
and avalanche
- uproar
and strike, terrorism
- malevolent
harm
- theft
and housebreaking
- harm
brought about by vehicle or creature
Motor Insurance:There are two sorts of
arrangements of this protection:
Comprehensive
I] Incorporates any
misfortune or harm to the vehicle by
1] unplanned outside means
2] fire, outer blast, ignition
toward oneself, lightning, robbery, housebreaking and burglary
3] noxious act
4] whilst in travel by street,
rail, inland conduit, lift or lift
II] The safeguarded risk to outsiders both in admiration of
real damage and properties of the outsider. The strategy can be reached out to cover the
accompanying dangers on installment of the extra premium – surge, tremor, riot
& strike harm, terrorism and so forth.
Outsider Liability limited to the
obligation depicted in 1(ii) above and not the safeguarded vehicle.
Marine Cargo Insurance:The organization gives Marine
Cargo Insurance of merchandise whilst in travel via ocean, air, rail, or
street. This protection can likewise be stretched out to cover all dangers of
loss of or harm to the merchandise safeguarded brought on by war, strike or
malignant go about according to the organization freight provisions.
Personal Accident Insurance:The organization gives Marine
Cargo Insurance of merchandise whilst in travel via ocean, air, rail, or
street. This protection can likewise be stretched out to cover all dangers of
loss of or harm to the merchandise safeguarded brought on by war, strike or
malignant go about according to the organization freight provisions.
Travel Insurance:Remembering developing need of
restorative protection for Nepalese going abroad, Alliance has thought of 'Union Travel
Insurance Policy' – This protection is expected to cover the guaranteed in the
occasion of sudden and surprising infection or mishap emerging when he is
abroad furthermore loss of checked things, travel permit and open obligation by
method for expansion the strategic.
Burglary and Housebreaking Insurance:This protection is proposed to
cover substance of premises against misfortune or harm by thievery and/or by
housebreaking. Here the theft and housebreaking are characterized as burglary
including entrance to or exit from the protected premises by coercive and
brutal means. It is a general state of this arrangement that a gatekeeper or a
security watchman is accessible in the premises on a 24 hour premise.
Cash in Transit Insurance:This approach gives a
reimbursement in appreciation of loss of cash conveyed by approved emissary
while in travel starting with one spot then onto the next, determined in the
arrangement because of burglary, misfortune created by the mishap of vehicle and
plane. This protection is proposed for banks, modern, assembling and business
concern who intermittently draw from banks or different sources expansive
wholes of cash for installments of pay rates and for other normal exchanges.
Fidelity Guarantee Insurance:This protection is proposed to give a reimbursement to the boss for monetary misfortune maintained as an aftereffect of falsification, theft and robbery of deceitful change of cash of the head honcho conferred by salaried representatives over the span of execution of their obligations. The greatest obligation under the strategy will be the measure of assurance.
Students' Safety Insurance Scheme:The approach is planned to be issued to the schools/grounds or whatever other instructive foundations for the profits of the understudies contemplating in that. The understudies will be secured against death, downright loss of two appendages or one eye and so forth and lasting aggregate or incomplete disablement. Notwithstanding the over, the approach will give repayment of therapeutic costs, subject as far as possible any one understudy every any one year brought about by the understudies for treatment to him/ her in a healing center or nursing home, as an in-patient for any harm supported by a mishap.
Contractors' All Risk Insurance:This protection gives reimbursement to foremen to physical harm that may occur amid the time of development furthermore amid the certain time of support. This approach can be reached out to cover outsider liabilities moreover.
Erection All Risk Insurance:This protection gives an extensive spread to an undertaking including development, erection on establishment of processing plants, workshops, plants & hardware or some other gear.
Marine Cum Erection Insurance:This arrangement can be reached out to connection this to Marine Cargo Insurance to give complete scope from the time the hardware/gear are dispatched from abroad till the task is completely appointed and test run.
Machinery Breakdown Insurance:This protection reimburses misfortunes caused because of breakdown of or harm to hardware gear and apparatuses created by inadvertent, mechanical, electrical and operational reasons. Boilers can likewise be safeguarded under Boiler Insurance.
Electronic Equipment Insurance:This protection is outlined uncommonly to give thorough spread to various sorts to electronic types of gear, apparatuses, devices and so on.
Aviation Insurance:This strategy reimburses the safeguarded against any misfortune or harm brought on to the flying machine because of any mishap. It gives remuneration against Third Party Liability (when the outsider is influenced by the mischance), Passengers' Legal Liability (for travelers on board amid the mishap) and Passengers' Baggage.
Others Insurance:
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Medical Aid Scheme Insurance
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Public Liability Insurance
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Workmen Compensation Insurance
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Poultry Insurance
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Banker’s Indemnity Insurance