SME Foundation Initiative
Climate-Resilient Micro Insurance for Bangladesh
Pioneer Insurance Claims Platform (PICL) — AI-driven insurance enrollment, claims processing, and settlement for CMSME sector workers.
Insurance Products
Affordable coverage designed for CMSME workers
All Risk Cover
Comprehensive coverage against multiple risks including natural disasters, fire, and theft.
Premium600 BDT/year
CoverageUp to 30,000 BDT
Fire Insurance
Protection against fire damage to business assets and inventory.
Premium150 BDT/year
CoverageUp to 30,000 BDT
Hospitalization Cash
Daily cash assistance during hospitalization for illness or injury.
Premium300 BDT/year
Coverage1,500 BDT/day (max 20 days)
How It Works
Simple enrollment and claims process
1
Register
Sign up as a field agent or MFI partner through our platform.
2
Enroll
Complete micro-insurance enrollment with KYC and loan linking.
3
Claim
Submit claims with AI-powered verification and photo matching.
4
Settle
Receive settlement within 7 days via direct bank transfer.
Backed by
Pioneer Insurance PLCSoftograph LimitedSME FoundationUNDP