ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited.
ICICI Prudential Life began its operations in the fiscal year 2001. On a retail weighted received premium basis (RWRP), it has consistently been amongst the top companies in the Indian life insurance sector. Our Assets Under Management (AUM) at March 31, 2023 were `2,511.91 billion.
At ICICI Prudential Life, we operate on the core philosophy of customer-centricity. We offer long-term savings and protection products to meet the 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.
|FY2001||Our company started operations|
|FY2002||Crossed the mark of 100,000 policies|
|FY2005||Crossed the mark of 1 million policies|
Crossed the mark of 5 million policies
Crossed receipt of `100 billion of the total premium
Crossed `250 billion of assets under management
Established subsidiary to undertake pension funds related business
Our company turned profitable - a registered profit of `2.58 billion
Crossed `500 billion of assets under management
|FY2012||Started paying dividends|
|FY2015||Crossed `1 trillion of assets under management|
|FY2017||First insurance company in India to list on NSE and BSE|
|FY2021||Crossed `2 trillion of assets under management|
|FY2023||Crossed `2.5 trillion of assets under management|
Vision: The purpose of our existence
Values: The way we do things
Our core values are Customer First, Humility, Passion, Integrity, and Boundarylessness. Values guide our actions and define the way we work. We encourage all our colleagues to exemplify and role model the Values.
- Customer First: Keep customers at the centre of everything we do
- Humility: Be open to learn and change
- Passion: Demonstrate infectious energy to win and excel
- Integrity: Do the right thing
- Boundarylessness: Treat organisation agenda as paramount