ICICI Pru life: India’s premier banking company, the ICICI Bank and the leading international financial services company based in the UK, Prudential Plc, signed a joint venture in order to create the ICICI Prudential Life Insurance.
The resulting infused capital of the joint venture amounts to Rupees 47.80 billion. 74% of the stake is owned by the ICICI Bank while the remaining 26% is under the Prudential Plc.
The ICICI Prudential Life Insurance started operations in December 2000 after receiving a go signal from the IRDA or the Insurance Regulatory Development Authority. Since then, they already gained 2,074 branches all over India with over 225,000 advisors and 7 Bancassurance partners.
It is India’s first life insurer to receive a rating of AAA from the prestigious Fitch ratings. The Economic Times - Nielsen ORG Marg surveys the country for the most trusted brand and ICICI Prudential Life Insurance has been voted as the Most Trusted Life Insurer in India for three years in a row now.
Their other awards include the Best Life Insurance Company in Asia, Avaya Global Connect, Most Trusted Life Insurer and Prudence Customer Centricity.
For new customers, this Insurance promises to be with you at the various stages of your life. From your child’s education up until you need to save up for your retirement. They have a range of innovative products that is sure to suit your every need.
Their products are designed to tackle the market whether it goes high or low and making you reach your long-term financial goal whatever the case may be. If you stay invested over a period of time, the company promises a gain of good returns.
The ICICI Prudential Life Insurance continues to expand its product range and client base. At the same time, they keep to their commitment in delivering world-class financial solutions across India.
|