01 About Future Generali

download 01 About Future Generali

of 13

Transcript of 01 About Future Generali

  • 8/4/2019 01 About Future Generali

    1/13

    About Fut ure Genera l i

  • 8/4/2019 01 About Future Generali

    2/13

    A joint venture between Future Group and

    the Italy-based Generali Group

    Presence in both life and non life insurance

    business

    Wide network of Branches, Agents and

    Mallassurance outlets ensures that we are

    close to the customers always

    Future Generali

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    3/13

    The Future Group:

    Pioneer and leader of retail business in India

    Creator of many reputed and trusted store

    formats like Big Bazaar & Pantaloon reaches out

    to more than 200 million people a year

    More than 1000 stores, 12 million sq. ft. of retail

    space across 71 cities with more than 30,000

    employees

    A strong understanding of Indian consumerpreferences, habits and aspirations

    Heritage

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    4/13

    Heritage

    The Generali Group:

    178 years old

    Largest corporation in Italy

    Fortune 50 company

    Present in 65 countries with

    84,063 employees through 315

    subsidiaries including 113 insurancecompanies

    High rating assigned by the

    international agencies

    Over 60 million clients worldwide

    Has over 350 billion Euros of

    Assets Under Management

    Palazzo Carciotti, Generalis Headquarters at Trieste

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    5/13

    Leadership Team

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    6/13

    Vision:We pledge to provide financial security to

    all people & enterprises through TotalInsurance Solutions.

    Corporate Vision & Values

    Values:

    RespectFor all our stakeholders-employees, customers, for all rules and regulations both internal and external.

    Indian-nessUnderstand Indias diversity & use local understanding to respond to markets and customers.

    NimblenessCombination of speed and quality, ability to overcome all obstacles in the way of the achievement ofour vision.

    Can Do attitudeAn attitude which demonstrates our passion, entrepreneurship and positive thinking.

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    7/13

    The Brands baseline is Ek shagun zindagi ke naam. Future Generali wants to be the

    brand that helps our customers stay blessed with our Total Insurance Solutions.

    Brand Promise

    For internal

    circulation only

  • 8/4/2019 01 About Future Generali

    8/13

    Product Portfolio Life Insurance

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    9/13

    Key Milestones

    4500 + employees

    92 branches across 81 Cities

    163 mall stores across the country

    More than 39,000 agents

    152 crores of premium collection in the first year

    of operation-2008-09 Rs. 330 crores of premium collection in the

    second year (Jan. 2010)

    14,70,000 lives protected

    Outstanding Performance duringeconomic slowdown

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    10/13

    Branch Network

    For internal circulation only

    92 Branches

    22SOUTH

    22WEST

    12CENTRAL

    11EAST

    25NORTH

    BRANCHESZONE

    Additional 250 cities through Alliance Partners

  • 8/4/2019 01 About Future Generali

    11/13

    From No. 19 to No. 10 in 1 year

    211,283DLF Pramerica

    202,948Aegon Religare

    196,014Sahara Life

    186,309IDBI Fortis Life

    178,309Shriram Life

    168,736Canara HSBC OBC Life

    159,344Star Union Dai-ichi1412,677Bharti Axa Life

    1318,286ING Vysya

    1220,147Met Life

    1124,843Aviva

    1025,710Future Generali Life

    925,772Kotak Mahindra Old Mutual854,702Tata AIG

    776,186Max New York

    681,979HDFC Standard

    5119,864SBI Life

    4140,481ICICI Prudential

    3141,683Birla Sunlife2169,146Bajaj Allianz

    1176,830Reliance Life

    RankOct-09Insurer

    Number of Policies

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    12/13

    Benchmarks vis-a-vis vintage & competition

    2001-0220091928.11Birla Sunlife

    2001-023214432.78HDFC Standard

    2001-0226201538.8Max New York

    2001-021086114113.33ICICI Prudential

    2002-031,599356.32Reliance Life (Earliear AMPS)

    2002-033,7302835.21Kotak Mahindra Old Mutual

    2002-0315,4511352.21Tata AIG2002-0314,1573363.39Bajaj Allianz

    2002-032,2181071.88SBI Life

    2003-041,8681276.96Aviva

    2008-092444098152.23Future Generali Life

    YearAgentsBranches

    Premium

    (INRCrs.)Insurer

    First Year Full Year Of Operations

    For internal circulation only

  • 8/4/2019 01 About Future Generali

    13/13

    Thank you