BRAC University seminar raises insurance awareness among youth
As part of the Government of Bangladesh's nationwide initiative, "Tarunnyer Utsab: Customer Service Week 2025", a special seminar entitled "Conventional Insurance Plans for Youth" was held at BRAC University to raise awareness about insurance and financial literacy among students.
The seminar was jointly organised by Guardian Life Insurance Limited and BRAC University, with support from the Insurance Development and Regulatory Authority (IDRA). Dr M Aslam Alam, Chairman of IDRA, attended as chief guest.
The event brought together key guests including Md Apel Mahmud, ACII (UK), Member (Life), IDRA; Sheikh Rakibul Karim, FCA, Acting Chief Executive Officer of Guardian Life Insurance Limited; and Professor Mohammad Mujibul Haque, PhD, Dean of BRAC Business School, BRAC University.
Keep updated, follow The Business Standard's Google news channel
In his remarks, Dr Aslam Alam encouraged young people to explore career opportunities in the insurance sector and emphasised its growing role in Bangladesh's economy. "The insurance sector is expanding rapidly. If our young generation takes an interest in this sector, they can contribute as entrepreneurs, professionals, and responsible citizens to spread the positive impact of insurance throughout society," he said.
Md Apel Mahmud noted that "insurance is more than just a financial product—it is a safety net that reduces life's uncertainties and promotes economic stability". He stressed that raising awareness among youth would help build a financially resilient and future-ready society.
Guardian Life's Acting CEO, Sheikh Rakibul Karim, said, "In life's uncertainties, insurance stands as a pillar of financial support and security. If young people understand its value early on, they can not only secure their own futures but also strengthen the foundation of our national economy."
Professor Mohammad Mujibul Haque highlighted the importance of financial awareness among students, saying that learning about financial planning helps young people become more responsible and economically independent.
The seminar also featured interactive sessions where students learned how insurance companies operate, explored available products, and discussed the broader role of insurance in ensuring both personal and national financial stability.
Through this collaborative effort, IDRA, Guardian Life, and BRAC University aim to inspire greater awareness and interest in insurance among Bangladesh's youth—promoting financial inclusion, literacy, and the sustainable growth of the insurance sector.
