Monday, July 22, 2013

AEGON Religare Life Wins E-Business Leader Award- 2013

AEGON Religare Life Insurance (ARLI) Company has been conferred with the ‘E-Business Leader Award-2013’, under the category of Overall Insurance Industry Awards by the Indian Insurance Award in a function held in Mumbai recently. The E-Business Leader award is given to an insurance company that has deployed the online insurance channel effectively for sales, marketing and lead generation for the business. This also needs to commend an insurance company bringing special focus on this revolutionary distribution model.

Speaking on the occasion, Sri K.S. Gopalakrishnan, Executive Director at AEGON Religare Life said, “AEGON Religare Life Insurance is extremely proud and happy to be honoured as the E-Business Leader Award. It gives me immense pleasure to accept this well-deserved award. It further strengthens our position as pioneers of Online Life Insurance in India. Introducing India to a digital distribution channel for life insurance was a challenge and I believe ARLI overcame this hurdle by simplifying the buying process and introducing several customer-friendly online term, health and investment products.” 

The leading private insurer is a joint venture between AEGON (26%), an international life insurance, pension and investment company; Religare Enterprises Limited (44%), a global financial services group; and Bennett, Coleman & Company (30%), India’s largest media conglomerate. ARLI opened up the online sale of life insurance nearly two years back, is the largest player in this segment followed by Aviva Life insurance.

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