About Birla Sun Life Insurance
Birla
Sun Life Insurance Company Limited is a joint venture between The
Aditya Birla Group, one of the largest business houses in India and Sun
Life Financial Inc., a leading international financial services
organisation. The local knowledge of the Aditya Birla Group
combined with the expertise of Sun Life Financial Inc., offers a
formidable protection for your future.
Birla
Sun Life Insurance (BSLI) in its 5 successful years of operations has
contributed significantly to the growth and development of the life
insurance industry in India. It pioneered the launch of Unit Linked
Life Insurance plans amongst the private players in India. It was the
first player in the industry to sell its policies through the
Bancassurance route and through the Internet. It was the first private
sector player to introduce a pure Term plan in the Indian market. This
was supported by sales practices, which brought a degree of
transparency that was entirely new to the market. The process of
getting sales illustrations signed by customers, offering a free look
period on all policies, which are now industry standards were
introduced by BSLI. Being a customer centric company, BSLI has invested
heavily in technology to build world class processing capabilities.
BSLI has covered more than a million lives since inception and its
customer base is spread across more than 1000 towns and cities in
India. All this has assisted the company in cementing its place amongst
the leaders in the industry in terms of new business premium income.
The company’s current capital base is Rs. 520 crores.
Additional information is available at www.adityabirla.com
About Aditya Birla Group
The
Aditya Birla Group has a turnover close to Rs. 38000 crores (as on
March 31st , 2006) and is one of the largest business houses in India.
It enjoys a leadership position in all the sectors in which it
operates. With over 75 business units, spanning the South East Asian
belt, Africa, Canada and the UK among others, it is reckoned as India's
first multinational corporation. The group is anchored by 72,000
employees and has 7 lakh shareholders, with a market capitalization of
Rs. 53,400 crores.
Additional information is available at www.adityabirla.com
About Sun Life Financial Inc.
Sun
Life Financial Inc. is a leading international financial services
organization providing a diverse range of wealth accumulation and
protection products and services to individuals and corporate
customers. Tracing its roots back to 1865, Sun Life Financial and its
partners today have operations in key markets worldwide, including
Canada, the United States, the United Kingdom, Hong Kong, the
Philippines, Japan, Indonesia, India, China and Bermuda. As of
March 31st , 2006, the Sun Life Financial group of companies had total
assets under management of USD 343 billion. Sun Life Financial Inc.
trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock
exchanges under ticker symbol "SLF".
Additional information can be found at www.sunlife.com
For further information kindly contact:
Ms. Anjana Grewal,
Sr. Vice President - Marketing & Communication,
Birla Sun Life Insurance Company Limited, Ph: 022-6678 3333.
E-mail: anjana@birlasunlife.com |