SBI Life Insurance Co. Ltd. | Company Profile

Company Directory for SBI Life Insurance Co. Ltd.

SBI Life Insurance Co. Ltd.

Overview

SBI Life Insurance Company Limited is a prominent life insurance provider in India, established in Mumbai in 2000. It operates as a joint venture between the State Bank of India and BNP Paribas Cardif. The company is publicly listed on the Bombay Stock Exchange and the National Stock Exchange of India. With a vast network of over 1,100 offices and more than 27,000 employees, it serves millions of families across the country.

The company offers a diverse range of insurance and pension products, including protection plans, savings plans, pension plans, health insurance, and unit-linked insurance plans (ULIPs). It has built a strong market presence, particularly in individual rated premium and new business premium segments, emphasizing a customer-first approach, operational efficiency, and hassle-free claim settlements. SBI Life is also committed to corporate social responsibility, contributing to social initiatives and fostering a supportive work environment for its employees.

Basic Information

Industryinsurance
Founded2001
Revenue13.4B
HeadquartersM.V. Road & Western Express Highway Junction, Mumbai, Maharashtra, 400069, India
LanguagesEnglish
Parent OrganizationState Bank of India
Alexa Ranking51687

Contact Details

Key Focus Areas & Initiatives

  • life insurance
  • ulip
  • online plans
  • protection plans
  • retirement plans
  • savings plans
  • social responsibility
  • csr initiatives
  • agent network
  • direct life, health, and medical insurance carriers
  • riders
  • product diversification
  • insurance products
  • premium waiver rider
  • critical illness plans
  • insurance
  • financial services
  • regulatory compliance
  • risk management standards
  • corporate partnerships
  • product portfolio
  • health coverage
  • medical expenses coverage
  • insurance technology
  • digital experiences
  • accidental death benefit
  • customer-centric
  • b2c
  • distributor network
  • wealth accumulation
  • claim settlement
  • environmental csr
  • health insurance
  • retail
  • financial security
  • retirement solutions
  • bancassurance
  • disaster relief support
  • insurance marketing
  • risk management
  • pension plans
  • customer engagement
  • services
  • market presence
  • customer service
  • digital insurance
  • agent distribution
  • policy management
  • b2b
  • healthcare
  • finance
  • distribution
  • health care
  • health, wellness & fitness
  • hospital & health care

Technologies Used

  • AI
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  • Microsoft Office 365
  • Outlook
  • Sendgrid