ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life) is a joint venture between ICICI Bank Ltd., one of India's largest private sector banks, and Prudential Corporation Holdings Limited.
ICICI Prudential Life began its operations in fiscal year 2001 and has consistently been the market leader* amongst private players in the Indian life insurance sector. Our Assets Under Management (AUM) as on 31st March 2017 were `1,229.19 billion.
At ICICI Prudential Life, we operate on the core philosophy of customer centricity. We offer long term savings and protection products to meet different life stage requirements of our customers. We have developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance and a hassle-free claim settlement experience to our customers.
|2001||Our Company started operations|
|2002||Crossed the mark of 100,000 policies|
|2005||Crossed the mark of 1 million policies|
Crossed the mark of 5 million policies
Crossed receipt of `100 billion of total premium
Crossed `250 billion of assets under management
Established Subsidiary for the purposes of undertaking pension funds related business
Our Company turned profitable - registered profit of `2.58 billion
Crossed `500 billion of assets under management
|2012||Started paying dividends|
|2015||Crossed `1 trillion of assets under management|
|2017||First insurance company in India to list on NSE and BSE|
The success of the company will be founded in its unflinching commitment to 5 core values - Integrity, Customer First, Boundaryless, Humility and Passion. Each of the values describes what the company stands for, the qualities of our people and the way we work. Every member of the ICICI Prudential team is committed to the 5 core values and these values shine forth in all that we do.
- Boundaryless: I will treat organisation agenda as paramount
- Integrity: What I do when nobody is watching me
- Humility: Openness to change and learn
- Customer First: Service excellence towards Internal and External Customers
- Passion: Demonstrates infectious energy and enthusiasm
*On a retail weighted received premium basis (RWRP)