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ICICI Prudential Life Insurance |
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ICICI Prudential Life Insurance Company Limited was incorporated on July 20, 2000. The authorized and paid up capital of the Company is Rs. 1500 Million. The Company is a joint venture of ICICI (74%) and Prudential plc UK (26%). The Company was granted Certificate of Registration for carrying out Life Insurance business, by the Insurance Regulatory and Development Authority on November 24, 2000. It commenced commercial operations on December 19, 2000, becoming one of the first few private sector players to enter the liberalized arena. The Company is now operational in Mumbai, New Delhi, Pune, Chennai, Kolkata, Bangalore, Chandigarh, Hyderabad and Ahmedabad. During this short period till March 31,2001 the Company has issued 6387 polices translating into a Premium Income Rs. 59.7 Million and a sum assured of over Rs.1000 Million. The company recognizes that the driving force for gaining sustainable competitive advantage in this business is superior customer experience and investment behind the brand. The Company aims to achieve this by striving to provide world class service levels through constant innovation in products, distribution channels and technology based delivery. The Company has already taken significant steps to achieve this goal.. Welcome to ICICI Prudential ! |