Company Overview. Mumbai, Maharashtra, India. HDFC Life Customer Care Number However, the ... partners, customers and we ... for HDFC Life grew by 1% over last year to ` 1,295 crore in FY 2020. 2. Page 2. United Bank of India has signed a bancassurance deal with private life insurer HDFC Life Insurance Company. HDFC Life Customer Care Number The partnership combines HDFC ERGO's experience in introducing innovative non-life insurance products with SVC Bank's customer base across various states. Sankara Narayanan, Managing Director & … It obtained the certificate of commencement of business on 12 October 2000 and certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23rd October 2000 .HDFC Life has 421 branches and is present in 980+ cities,villages and towns in India and supported by 16,544 employees. Sharekhan believes most bank-backed insurance companies are showing resilience, along with players such as Bajaj Allianz Life Insurance Company and Max Life Insurance who also have strong and stable bancassurance partners. In bancassurance, HDFC Life has been the first to successfully embrace open architecture, while continuing to diversify its distribution network with 270+ partners comprising traditional partners such as NBFCs, MFIs and SFBs, and includes more than 40 new ecosystem partners. The company enjoys a good market reputation and is present across India 412 branches, 265 bancassurance partners, 39 non-traditional financial partnerships. Sri Sathya Sai Institute of Higher Learning ... Handling a strategically important, large NBFC partner for scaling up a new retail sales vertical through their pan-india branch network. • Developing strategies to optimize sales to login to conversion process of insurance policies. Open an Account. Join to Connect HDFC Life. New Delhi : HDFC Life, one of India’s leading life insurers and YES BANK Limited entered into a Corporate Agency (CA) arrangement. Direct _ ... – Strong network of 250+ traditional partners and brokers. HDFC Life, one of India€™s leading private life insurance companies, offers a range of individual and group insurance solutions. ... • Responsible for Personal loan sales through channel partners ... Vice President -Bancassurance at HDFC Life. HDFC Life continues to benefit from its presence across the country with 421 branches and additional distribution touchpoints through several partnerships. HDFC Life added over 300 partners, including over 50 in the emerging ecosystem, during the year. The Bancassurance partners of HDFC Standard Life Insurance Co Ltd are HDFC, HDFC Bank India Limited, Union Bank of India, Indian Bank, Bank of Baroda, Saraswat Bank and Bajaj Capital. Bancassurance Chanel Partner- HDFC Bank Ltd.- Kalyan ,Mumbai ,Navi Mumbai ,Thane ,MAHARASHTRA (Vasai, Goregaon , Wada ,Vikramgad,Ghatkopar)-HDFC LIFE INSURANCE CO LTD-1-5 - TimesJobs.com. The floor price of the deal stood at Rs.390 through the means of an offer for sale or OFS. The Bancassurance partners of HDFC Standard Life Insurance Co Ltd are HDFC, HDFC Bank India Limited, Union Bank of India, Indian Bank, Bank of Baroda, Saraswat Bank and Bajaj Capital. As a Channel Partner with HDFC Bank relationship, driving the assigned Branch building a Manager and the RM’s support them in Lead Generation, End to End Support for the Customer’s on their Investments based on their requirement. HDFC Life has an extensive set of Corporate Agents and Bancassurance Partners. View Report. TJJD. Life insurance companies are approaching DCB Bank (formerly Development Credit Bank) for a bancassurance tie-up, as the lender’s current contract with Birla Sun Life Insurance is coming up for renewal soon.. Several life insurers, including Reliance Life Insurance, HDFC Life and Max Life, apart from the current partner Birla SunLife, are pitching to rope in the bank as a distribution partner. Multichannel network of HDFC Life Insurance has spread to nearly nine hundred and eighty cities and towns in India and is handled via an estimated three hundred and ninety-eight branches. Leading private sector life insurers in India 49% share of digital new business in FY20 Sold 896.3 thousand policies in FY20 421 branches and more than 11,200 partner branches Net premium income stood at Rs. At present, Axis bank holds 5.99% stake in Max Life, and also is a bancassurance partner with exchanging 58% of individual policies. The life insurer is focussing to expand its reach by building a high-quality agency channel comprising over 1 lakh financial consultants and leveraging bancassurance partnership. This CA arrangement will enable customers of YES BANK to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment, retirement and critical illness. Max Life’s new business growth, too, was hit after its bancassurance partner, Lakshmi Vilas Bank Ltd., opted for the open architecture. Agenda. The company has also established a liaison office in Dubai. This tie-up between HDFC Life and Vijaya Bank is a unique one involving a large It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India€™s leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom. Join to Connect HDFC Life. Evident in the way we interact with our partners and customers. Be proudly associated with India's largest private Life Insurance company, recognized as one of the Great places to Work! HDFC Life serves its customers across the country through 412 branches and additional distribution touchpoints and bancassurance partners. Kotak Life Insurance. HDFC Life shares slipped 2 per cent to Rs 692, in an otherwise strong market, on the BSE on Tuesday as investors booked profit on the counter post healthy March quarter (Q4FY21) results. All in all, HDFC Life Insurance has a strong base of financial consultants. The partnerships comprise 270 bancassurance partners including NBFCs (Non-Banking Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc. The several new tie-ups and partnerships made by the company have resulted in 163 bancassurance partners which include MFIs, NBFCs, SFBs, etc. HDFC Life. Mumbai Area, India. Distribution strength of 2 of India’s largest banks, HDFC Bank & Axis Bank will allow them to grow faster. Head of Strategic Alliances and non-HDFC Bancassurance partnerships. Brokers and others. The exclusivity agreement with HDFC Life, valid till 31 st July 2017, will not be renewed. HDFC life is actively engaging new bancassurance partners for new business. HDFC Life continues to benefit from its increased presence across the country having a wide reach with 413 branches and additional distribution touch-points through several new tie-ups and partnerships comprising 209 bancassurance partners including NBFCs, MFIs, SFBs, etc. U.S. announces $19 billion coronavirus aid for farmers, food buys for poor. 2.Design and create sales plan to help team gain maximum mindsh… 3 days ago The extensive set of Bancassurance partners and corporate agents help the company reach a wider customer base. Relationship role ) Life insurer HDFC Life has an extensive set of corporate Agents and partners. Sold 1.78 % of the total Bancassurance sales in the emerging ecosystem, during the stint, transformed. 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