Monday, July 14, 2014

AEGON Religare Life Wins 'E-Business Leader'Award For Second Consecutive Year

Leading private sector AEGON Religare Life Insurance (ARLI) Company has been conferred with the 'E-Business Leader Award' for the second consecutive year, under the category of Overall Insurance Industry Awards by the Indian Insurance Award in a function held in Mumbai on June 25, 2014.
The jury members were SB Mathur, Former Secretary General, Life Insurance Council; R Krishnamurthy, Senior Advisor, Towers Watson; Mr R Chandrasekaran, Secretary General, General Insurance Council.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, Managing Director & Chief Executive Officer at ARLI said, “AEGON Religare Life Insurance is extremely proud and happy to be honoured as the E-Business Leader Award for the second year in a row. As pioneers in the online business in life insurance in this country, it gives me immense pleasure to accept this well-deserved award. It further strengthens our leadership position."
“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 the customers to e-friendly products like 'AEGON Religare iTerm Plan' and 'AEGON Religare iGuarantee Plan'. We wish to keep our focus on the E-Sales distribution channel and further strengthen our online presence", he added.
AEGON Religare Life Insurance (ARLI) Company 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.

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