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Economy

Shanta Life accelerates insurance services through digitalisation

By digitising its operations, Shanta Life has reduced service delivery time from days to minutes, driving a significant surge in revenue.

TBS Bangladesh ยท 9 September 2026, 8:55 AM

Shanta Life has transformed its insurance service delivery by embracing digitalisation, allowing customers to complete processes in minutes rather than days. This shift has significantly enhanced operational efficiency.

The company's financial performance reflects this growth, with total revenue for the second quarter of 2026 rising by 1,012% compared to the previous year. Furthermore, the firm recorded a monthly revenue increase of approximately 167% between June and July.