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.
ICICI Prudential Life began its operations in December 2000 and has been one of the leading players in the Indian life insurance sector since the entry of private players. Our Assets Under Management* (AUM) crossed ₹1 Lakh Crore(as on February 19, 2015). For a life insurance company, it is a sign of trust reposed in us by policyholders. Our claims settlement ratio stood at 93.80% as per the IRDAI Annual Report FY 2014-15. This is a testimony of our commitment to protect the future of your loved ones. We have maintained a dominant^ position amongst private life insurers in the country.
We offer an array of products that match the different life stage requirements of our customers and enable them to achieve their long term financial goals. Customer centricity is the core philosophy we operate on. To further this we have developed and implemented various initiatives to provide cost-effective products, best-in-class services, consistent fund performance and a hassle-free claim settlement experience to you.
ICICI Prudential Life was one of the first private sector life insurance companies to begin operations in December 2000, after receiving approval from the Insurance Regulatory Development Authority of India (IRDAI). For financial year 2015, the company garnered a total premium of ₹191.64 billion.
As a result of your continued support over the years, ICICI Prudential Life has emerged as one of the leading* names in the life insurance industry. From plans designed for newly employed individuals, just-married couples, new parents, parents with teenage children and those in their golden years, we offer products that cater to every life stage.