Company Overview
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 fiscal year 2001 and has consistently been amongst the top players* in the Indian life insurance sector. Our Assets Under Management (AUM) as on 30th June 2020 were ₹ 1,700.06 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.
In FY2015 ICICI Prudential Life became the first private life insurer to attain assets under management of ₹ 1 trillion. ICICI Prudential Life is also the first insurance company in India to be listed on NSE and BSE
| Fiscal | Particulars |
|---|---|
| 2001 | Our Company started operations |
| 2002 | Crossed the mark of 100,000 policies |
| 2005 | Crossed the mark of 1 million policies |
| 2008 | Crossed the mark of ₹ 5 million policies Crossed receipt of ₹ 100 billion of total premium Crossed 250 billion of assets under management |
| 2010 | 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 |
Vision - The purpose of our business
To build an enduring institution that serves the protection and long-term saving needs of customers with sensitivity.
Values: The way we do things
The success of the institution is built on our constant commitment to the five core values of Customer First, Humility, Passion, Integrity, and Boundaryless. Our values guide our actions, describe what we stand for and the way we work. Every member of the ICICI Prudential Life team is committed to the five core values and these values shine forth in all that we do.
- Customer First: Keep customers at the centre of everything we do
- Humility: Openness to learn and change
- Passion: Demonstrate infectious energy to win and excel
- Integrity: Do the right thing
- Boundaryless: Treat organisation agenda as paramount