SBI Life extensively leverages the State Bank Group relationship as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans. SBI’s access to over 100 million accounts across the country provides a vibrant base for insurance penetration across every region and economic strata in the country, thus ensuring true financial inclusion. Agency Channel, comprising of the most productive force of over 80,000 Insurance Advisors, offers door to door insurance solutions to customers.
|Financial Year 11-12: |
|•||Awarded the most coveted NDTV Profit Business Leadership Award, twice in a row, 2010 & 2011. |
|•||Awarded ‘Most Trusted Life Insurance Brand - II By The Economic Times, Brand Equity and Nielsen, Most Trusted Brands 2011.|
|•||Globally topped the prestigious Million Dollar Round Table (MDRT) for having the maximum number of MDRT members, for three years consecutively.|
|•||CRISIL reaffirmed its AAA / Stable rating to SBI Life, indicating highest financial strength to meet policyholder obligations. |
|•||ICRA reaffirmed its iAAA rating indicating highest claims paying ability and a fundamentally strong position.|
|•||Won one of the most prestigious quality distinction, IMC Ramkrishna Bajaj National Quality Awards 2011- "Certificate of Merit" |
|•||Awarded Silver Shield by ICAI for Excellence in Financial Reporting for FY 2010 – 11 under the Insurance category.|
|•||Won ’Best Presented Accounts Award‘ by The South Asian Federation of Accountants (SAFA), in the Insurance Category for the Annual Report FY 2009-10.|
Corporate Social Responsibility
SBI Life’s CSR Initiative on World Leprosy Day
Coinciding the World Leprosy Day i.e. 30th January, SBI Life supported a Leprosy Eradication Trust - Loknayak, by donating ambulance.
Mr. Atanu Sen, MD & CEO, SBI Life presenting the ambulance keys to Dr. Jagdish Samant, International Award Winner and Founder of Loknayak Jayaprakash Narayan Leprosy Eradication Trust
SBI Life’s CSR Initiative - Enabling Mentally Challenged Children
SBI Life participated in Mumbai Marathon 2013 to support mentally challenged children through its CSR partner - Swayamsiddh.
Mr. Atanu Sen, MD & CEO presented the contribution cheque for SBI Life’s CSR Initiative to Dr. Vandana Mehta, Swayamsiddh - CSR Partner for enabling mentally challenged children in the presence of Mr. Sudhin Roy Chowdhury, Member (Life), IRDA.