ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank - one of India's foremost financial services companies-and Prudential plc - a leading international financial services group headquartered in the United Kingdom. Total capital infusion stands at Rs. 47.80 billion, with ICICI Bank holding a stake of 74% and Prudential plc holding 26%.
We began our operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA). We have a network of approximately 1,400 offices and over 1,75,0000 advisors, as at June 30, 2011. In addition to this, we also have over 5000 distribution touch-points and over 10,000 servicing touch-points across the country.
For the past decade, ICICI Prudential Life Insurance has maintained its dominant position (on new business retail weighted basis) amongst private life insurers in the country, with a wide range of flexible products that meet the needs of the Indian customer at every step in life. We continue to tirelessly uphold our commitment to deliver world-class financial solutions and services to customers all over India.
