Our reason to exist, our purpose, is to provide means for people to live a life and lifestyle of their choice. We achieve that by helping people plan for the future with life insurance.
This focus on human relationships has bolstered our growth over the years. It has helped us make a positive difference in the lives of all our stakeholders, be it our customers, employees, shareholders or community in general. Our gross written premium has almost doubled in the last three years proving that more people are willing to invest in us. In a recent report, published by IRDAI, we were mentioned as the only life insurance company to have retained over 50% of our customers for over 5 years, evidence of our constant focus on post sale engagement.
We were declared among the top 10 most trusted life insurance brands in the country, as per Economic Times’ Brand Equity survey. What is notable is the fact that we are the only second generation life insurance company to feature in the list. In a short time, we have made significant progress to gain the trust of people.
While the world measures its success through numbers and financials, at IDBI Federal, we use additional intangible metrics like strength of relationships, smiles and trust!
- Vighnesh Shahane
CEO, IDBI Federal Life Insurance