Visa has signed an agreement with MetLife Bangladesh to provide insurance coverage for its employees and their dependents in Bangladesh. This partnership will ensure financial protection against accidents, disabilities, and loss of life for employees and their dependents will receive in-patient, outpatient, and maternity insurance coverage as stated in the Press Release.
Sabbir Ahmed, Country Manager for Visa Bangladesh, Nepal, and Bhutan and Ala Ahmad, Chief Executive Officer of MetLife Bangladesh, signed the agreement on behalf of their respective organizations.
Insurance coverage for employees plays a critical role in fostering a sense of security and loyalty among the workforces. According to the recently conducted “Employee Benefit Trends Study (EBTS)” over 56% of employees admit that financial worries reduce their productivity, while 41% link financial stress to mental health issues. Furthermore, 78% of employees say insurance and wellness benefits, such as mental health support, make them more loyal.
Visa selected MetLife as its insurance provider due to MetLife’s consistent track record of claims settlement, customized solutions, advanced dashboard, cashless hospitalization and ambulance service, and financial strength, which enables it to pay claims faster and without hassle.
Sabbir Ahmed, Country Manager for Visa Bangladesh, Nepal, and Bhutan said, “As a digital payment leader, operating in a fast paced and always on environment, our people are our greatest strength. Comprehensive insurance coverage is essential to ensuring their financial security and wellbeing, allowing them to focus, innovate, and perform with confidence—knowing that both they and their families are protected against life’s uncertainties.”
“At MetLife, our focus is on empowering organizations to foster a safe, caring workplace for their people. Our collaboration with Visa reflects a shared commitment to enhancing employee well-being through robust and holistic insurance solutions.” commented Ala Ahmad, Chief Executive Officer of MetLife Bangladesh.
Visa is a leading global digital payments network that connects people and businesses to the world economy. Visa enables secure digital payments across more than 200 countries and territories.
In Bangladesh, MetLife provides insurance protection to around 1 million individual customers and over 900 organizations. MetLife has been also ranked the #1 Life Insurer at the IDRA Insurance Excellence Award 2025, presented by the Insurance Development and Regulatory Authority (IDRA). The award is given based on MetLife’s leadership in overall business performance, service quality, good governance, claims settlement, and regulatory compliance. Business Officer and Md. Monirul Islam, Vice President, Corporate Business attended the agreement signing ceremony.
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