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ICICI Prudential Life Insurance Company Ltd. is one of the main life coverage players in India. It has resources held over Rs. 100,000 Cr.
ICICI Prudential Life's capital mixed stands at Rs. 48.16 billion (as of March 31, 2015) with ICICI Bank Ltd. what's more, Prudential plc holding 74% and 26% stake individually . For the monetary year 2015, the organization gathered an aggregate premium of Rs. 153.07 billion. The organization has resources under administration of Rs. 1001.83 billion as on March 31, 2015.
History:
ICICI Prudential Life Insurance Company is a joint endeavor between ICICI Bank and Prudential plc, a main worldwide money related administrations bunch headquartered in the United Kingdom. ICICI Prudential was amongst the primary private part insurance agencies to start operations in December 2000 subsequent to getting endorsement from Insurance Regulatory and Development Authority of India (IRDAI).
Administration/Key individuals
Mr. Sandeep Bakhshi - Managing Director and Chief Executive Officer
Mr. Puneet Nanda - Executive Director (Chief Marketing Officer)
Mr. Sandeep Batra - Executive Director
Mr. Satyan Jambunathan - Chief Actuary (Appointed Actuary)
Mr. Manish Kumar - Chief Investment Officer
Mr. Deepak Kinger - Executive Vice President (Chief Compliance Officer)
Mr. Binay Agarwala - Chief Financial Officer
Mr. Pratyay Bhattacharya - Vice President (boss Risk Officer - Enterprise Risk)
Mr. Amish Banker - Senior Vice President (Chief Risk Officer - Operational Risk)
Mr. Navin Sharma - Senior Vice President (Chief Internal Audit).
Exclusive Products/Products and Services.
ICICI Prudential offers an extensive variety of protection items crosswise over various classifications to its clients, for example, Term Life Insurance Plans, Wealth Insurance Plans, Retirement or Pension Plans, Group Insurance arranges and Rural Plans.
Term Plan: Life protection arrange for that is legitimate for a predetermined term
Riches Plans: Life protection that additionally concentrates on riches working through interest in stocks or common assets
Conventional Savings/Money Back Plans: A sort of protection where you give a characterized commitment reliably and get an advantage at the season of development
Retirement arranges: Focuses on securing the post retirement life
Bunch Plan: Aimed towards safeguarding workers
Rustic arrangement: Aimed at safeguarding the country occupants
Grants and acknowledgments.
2003
The Economic Times: A C Nielsen Survey of Most Trusted Brands 2003, 2004 and 2005 Best Life Insurer 2003.
2006
Judiciousness Award 2006: People Award for incredibleness in preparing and individuals advancement.
2007
ICICI Prudential Life's, retirement arrangements battle for the year 2006-07 was honored the Bronze Effie trophy in the administrations class. It likewise won the Brand Equity Bravery Award 2007, established by Ad Club.
2008
ICAI Award for Excellence in Financial Reporting' by the Institute of Chartered Accountants of India (ICAI) for the money related year finished March 31, 2008
ICICI Prudential Life was granted the Life Insurance Company of the Year at the twelfth Asia Insurance Industry Awards 2008.
2009
ICICI Prudential positioned as the Most Trusted Pvt Life Insurance brand in the Brand Equity "Most Trusted Brands 2009" overview.
ICICI Prudential Life Insurance has won the principal runner up honor for the Best Defect Elimination in Service and Transaction class at Asian Six Sigma Excellence Summit 2009.
2010
AGC Networks - Economic Times: India's Most Customer Responsive Insurance Company.
2011
ICICI Prudential Life Insurance has been presented the 'Insurance agency of the Year Award 2011' and Company of the Year Award 2011 Life Insurance at The Indian Insurance Awards 2011 founded by the presumed protection diary of India Insurance Review, in relationship with Celent, an examination and counseling firm.
ICICI Prudential Life Insurance was recompensed the 'ICWAI National Award for Excellence in Cost Management – 2010' under the 'Private part Service (Large) class at ICWAI yearly occasion.
2012
ICICI Prudential Life Insurance has been maintained champ in the second Excellence Awards and Recognition for Shared Services, 2012. It won the honor in the classification - Shared Services in India - Insurance Domain.
Bronze Effie in the Financial administrations classification for the battle "Disaster protection in only 10 Minutes".
ICICI Pru iCare has been voted the Product of the Year 2012
2013
Silver EFFIE in the Financial administrations classification for the battle "Achche Bandeh.
