Icici Prudential Life Insurance

  • November 2019
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ICICI Prudential Life Insurance ICICI Prudential Life Insurance is a joint venture between the ICICI Group and Prudential plc, of the UK. ICICI started off its operations in 1955 with providing finance for industrial development, and since then it has diversified into housing finance, consumer finance, mutual funds to being a Virtual Universal Bank and its latest venture Life Insurance. Foreign Partner: Established in 1848, Prudential plc. of U.K. has grown to be the largest life insurance and mutual fund company in U.K. Prudential plc. has had its presence in Asia for the past 75 years catering to over 1 million customers across 11 Asian countries. Prudential is the largest life insurance company in the United Kingdom (Source : S&P's UK Life Financial Digest, 1998). ICICI and Prudential came together in 1993 to provide mutual fund products in India and today are the largest private sector mutual fund company in India. Their latest venture ICICI Prudential Life plans to take care of the insurance needs at various stages of life. Contact Information ICICI Prudential Life Insurance Company Limited Registered Office ICICI Towers 9th floor, Bandra-Kurla Complex Mumbai - 400 051. Tel: 494 3232 Delhi office: 3rd floor Videocon Towers E-1, Rani Jhansi Road New Delhi - 110055. Tel: 601 3232 Email: [email protected] Visit us on: www.iciciprulife.com About us



Vision



Management Team



Our Investors

About us: Datacomp Web Technologies is a 20-year-old established & well-known player in the Insurance automation software sector. Established in 1985, Datacomp Technologies today rules the roost in one of the world’s biggest markets - India. Its specialty is developing software solutions for the insurance intermediary sector. A private limited company; it is headquartered in Mumbai with offices in New Delhi, Bangalore and Chennai with total employee strength of 200+ professionals. It also has 90+ channel partners who market and support more than 26,000 customers across 1500 cities & towns. The crème de la crème of Indian insurance intermediaries are all ITenabled by Datacomp through its suite of business automation and CRM products. Datacomp’s solutions, for both Life & Non-Life segments, encompass front end quotation systems, backoffice software solutions, internal intranets, customized website development.The successful product suite also includes BrokerMagic and BancassureMagic, which are being used by India’s leading insurance broking firms and banks respectively. Over the last couple of years, Datacomp has ventured into providing offshore outsourcing services in the global marketplace. Currently Datacomp is involved in offshore outsourcing projects for software companies in the insurance intermediary space in the U.S, U.K and Ireland Markets. With a strong focus on processes, quality & people, it has successfully partnered & delivered on global projects. Today it reaches out to clients forming long lasting relationships that are based on the cornerstone of quality products & services. Our heritage provides our clients the advantage of tried & tested management structures coupled with the Asian cost advantage. Since we ourselves have had 20 years of experience in running a successful IT organisation, we know the pain points that most organisations face. It is our job to reduce the painful learning curve & free up client resources so that they can concentrate on their core competencies. For more information, please contact: Head Office Datacomp Web Technologies (I) Pvt. Ltd. C-205/206, Crystal Plaza,

New Link Road, Andheri (W), Mumbai - 400 053. Tel.: 2673 3385 / 86 / 87 / 89 Fax: 2673 3291 Email: [email protected] Branch Offices Bangalore # 33/7, 2nd Floor, P. Veerappa Road, Mount Joy Extension, Hanumanthnagar, Bangalore 560 019 Tel. No. +91 (080) 2661 9691 / 92 Email: [email protected] Chennai C-1, Ceebros Rangam Apartments 11, Cenotaph Road Chennai, Tamil Nadu 600 018 Tel. No.: +91 (044) 2432 9656-57 Fax No.: +91 (044) 2434 2449 Email: [email protected] New Delhi 307, Sethi Bhawan, Rajendra Place New Delhi-110 005 Tel. No. +91 (011) 2574 0076 / 86 / 96 Email: [email protected] Vision: •

Our Philosophy & Strategy We accomplish our vision through establishing optimum processes & delivery mechanisms to cater to individual clients’ needs and preferences – be it geographical, linguistic or related to specific techno-functional skills. Monitoring the right source opportunities Datacomp Web Technologies believes in the concept of ’Right-Source’, where critical outsourcing has one or more innate advantages Comprehensive project, engagement and delivery models Datacomp Web Technologies project engagement / delivery models are driven by our clients requirements and project dynamics.



Management Values Datacomp Web Technologies “assembles” a framework around our clients projects and development centres. Via tried & tested project management and quality control, in combination with the thorough understanding of cultural challenges, the team delivers results time after time.



Communication



Datacomp Web Technologies will use the latest communication tools, and specifically allocate project and communication personnel that focus on the communication process between clients and our teams Our Strengths > Industry Proven Methodologies. > Ready Pool of technical resources. > Domain Expertise (Insurance). > Adherence to high level of Quality Standards. > Back-ups for Contingencies. > Involvement of Top Management. > Knowledge Management. > Well established communication protocol. | Top |

Management Team:

Ajay Arora (MD & CEO): As a founder Ajay Arora, brings exceptional vision and more than 20 years of well-honed experience in Information Technology development and marketing to Datacomp. Having served as the Technical Director with Virtual Graphics Private Limited and Softron Software Consultants Private Limited he gained extensive business development experience and knowledge of conceptualizing innovative technological solutions for the Insurance and Finance industries, implementing them and further introducing them to target markets. His strong leadership qualities, excellent communication skills coupled with extensive knowledge of the insurance industry has made him a renowned speaker having addressed audiences at more than 1000 regional and national insurance seminars/conventions. He is responsible for spearheading the company and establishing a sense of direction for the company’s products to meet corporate objectives. Madhu Awatramani (Director):

Madhu Awatramani, B.E from Mumbai served as a project leader for Citibank’s Analytics division and holds about fifteen years experience in successfully executing several IT related projects. His work involved developing new markets and building strategic partnerships for creating a global presence for his product. Applying his strong business acumen and leadership skills he set up his own hardware business that took up networking contracts, Y2k projects etc and could boast of clients such as ChaseManhattan Bank, Hoechst, PriceWaterhouse Coopers, Intell, Lintas, Heinz to name a few. His strong entrepreneurial skills and ability to chalk out strategies for exploring new markets have been the major motivating factors that have enabled Datacomp to excel in its pursuit of success. Board of advisors: N.N.Joshi: After spending over 25 years in the insurance industry and serving at various illustrious positions in the Life Insurance Corporation of India and its subsidiaries, Naren is a professional to the core. Presently, the Chief advisor to ING Insurance Company (Netherlands), with his domain knowledge and strategic thinking, Naren is giving Datacomp and InsureMagic.com™ a direction in their endeavor to serve the insurance community. Ashok Shaligram: Ashok has over 30 years of experience in national and international marketing, training, operations and distribution in the insurance industry. An ex-Executive Director of Life Insurance Corporation of India, and an active contributor to National Insurance Academy, CIFP-LIMRA and ETRIMM, Ashok is presently advising Datacomp and InsureMagic.com™ in bringing the Indian insurance community come together and exploit the power of Information Technology. Ramakant Desai: A B.Com graduate and Diploma in public & Business Administration, Mr. Ramakant Desai has spent over 20 years in selling insurance. A career LIC agent, mr. Desai has qualified for Million dollar Round Table for 7 years due to his professional excellence and high standards. He features regularly in the All India Business Achievers. | Top | Our Investors: TDA Capital Partners

TDA Capital is US based Venture Capital fund specialising in emerging markets. It has made more than 40 investments worldwide in Central & Eastern Europe, Israel and US. Datacomp Web technologies is one of its first investment in India. Edelweiss Capitals Ltd. Edelweiss is a technology investment bank, working closely with entrepreneurs and companies that develop innovative and hi-tech products and are typically growing at exponential rates. These companies are in various stages of operations like early stages of commercialization, research and development, or in the later stages attempting to scale up. Edelweiss' s experience in and knowledge of these sectors and early stage business models enables us to provide high quality advice on business plan development and strategy, capitalization structures, valuation, transaction structuring and investor negotiations. Other services offered by Edelweiss include strategic and IPO advisory, and mergers and acquisitions. feedback We, at Insuremagic.com have put in our best efforts in making this site the most comprehensive online insurance advisor. However, it is your views, suggestions and comments that will be a constant source of encouragement in helping us reach newer heights. Be it a pat or a prick, we welcome it all the same. All you need to do is fill up the form below and click submit.

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