E-Business Leader Award 2014

Thursday, June 26, 2014

AEGON Religare Life Insurance is the E-Business Leader at the Indian Insurance Awards for the second year in a row

  June 26, Mumbai: The Indian Insurance Awards chose AEGON Religare Life Insurance (ARLI) as the E-Business Leader, under the category of Overall Insurance Industry Awards. This is the second year in a row that AEGON Religare is being awarded this honour. The E-Business Leader award seeks to honor an insurer that has deployed the online insurance channel effectively for marketing, lead generation and sales for the business. The award seeks to commend an insurer bringing special focus on this nascent distribution channel.

At the occasion, Mr KS 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 at the Indian Insurance Awards 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.”

The Indian Insurance Awards were held at the The Lalit Hotel in Mumbai on June 25, 2014. The jury members were, Mr S B Mathur, Former Secretary General, Life Insurance Council; Mr R Krishnamurthy, Senior Advisor, Towers Watson; Mr R Chandrasekaran, Secretary General, General Insurance Council.

About AEGON Religare Life Insurance Company

AEGON, an international provider of life insurance, pensions and asset management, Religare, India’s leading diversified financial services groups and Bennett, Coleman & Company, India’s largest media conglomerate, have come together to launch AEGON Religare Life Insurance Company Limited (ARLI). This venture is dedicated to build a customer-centric business and provide a work environment that fosters excellence and innovation. This joint venture adopts a local approach with the power of global expertise. ARLI launched its pan-India operations in July, 2008 following a multi-channel distribution strategy with a vision to help people plan their life better. The fulfillment of this vision is based upon having a complete product suite, providing customised advice and enhancing the overall customer experience. ARLI has launched a suite of products that are focused on providing the customer with the means to meeting their long-term financial goals. At the same time, product development has been founded on the tenet of providing the customer with great value. The Indian Insurance Awards, 2013, honoured ARLI as the ‘E-Business Leader’ under the category of Overall Insurance Industry Awards.


As an international provider of life insurance, pensions and asset management, AEGON has businesses in over twenty five countries across the Americas, Europe and Asia. AEGON companies employ almost 27,500 people serving millions of customers around the world. In total, the company oversees EUR 482 billion in revenue-generating investments. AEGON is one of the largest insurance companies in the United States, and ranks first in the Dutch group pensions market and has strong market positions in individual and group pensions in the UK. The company’s shares are listed on two major stock markets: Amsterdam and New York. AEGON has more than 160 years of experience with its roots going back to 1844. http://www.aegon.com

About Religare Enterprises Limited

Religare Enterprises Limited (REL) is one of India’s leading diversified financial services groups and offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management. Religare Enterprises is headquartered in New Delhi and is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India. Religare is also building an Asia & emerging markets focused Institutional equities and Investment Banking business and a multi-boutique global asset management platform to tap the broader opportunities offered by the most promising emerging markets around the world. http://www.religare.com


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