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Shriram Life Insurance Company Limited |
Shriram Life is a JV between the Sanlam Group of South Africa and the Shriram Group. Sanlam Limited
is a major financial services Company in South Africa, listed on the Johannesburg Securities Exchange and Namibian Stock Exchange.
The Sanlam Group also operates
in the areas of Group Schemes, Retirement Funds, Life Insurance, Asset Management and other financial services. It has an employee strength of 10,000 and has shareholder funds in excess
of US$ 4.6 billion.
Website: www.sanlam.com |
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Shriram Life Insurance Co. Ltd.
was launched in January 2006. India currently accounts for 16% of the world's population.70% of this population is below 35 years of age. Between 2001 and 2006, Indian demography has changed with the higher income classes (more than INR 70,000 per annum) constituting about 79%.
This represents huge market for insurance products.
This is amply reflected in the growth of insurance industry in the last couple of years. However, this growth has not really reach the Rural and Semi Urban areas. Shriram Group with its network of branches particularly in these areas enjoys an unique opportunity for reaching out to wider audience and sustain the growth story of the insurance industry. |
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Most of the products of Shriram Life were designed by advisors working in the field and based on need analysis done through Intense Market Research.
Presently the company offers 11 products catering to various situations and strata of society.
Shri Life,
Shri Nidhi, Shri Raksha, Shri Vidya, Shri Plus, Shri Plus (SP), Shri Laabh, Shri Vivah, Shri Vishram, Shri Sahay and Immediate Annuity Plan.
Shriram Life Insurance Co. Ltd.
3-6-478, 3rd Floor, Anand Estates
Liberty Road, Himayat Nagar
Hyderabad 500 029, India.
Phone: +91-40-23434466
Website: www.shriramlife.in |
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