Our reason to exist, our purpose, is to provide means for people to live a life and lifestyle of their choice. We achieve that by helping people plan for the future with life insurance.

This focus on human relationships has bolstered our growth over the years. It has helped us make a positive difference in the lives of all our stakeholders, be it our customers, employees, shareholders or community in general. Our gross written premium has almost doubled in the last three years proving that more people are willing to invest in us. In a recent report, published by IRDAI, we were mentioned as the only life insurance company to have retained over 50% of our customers for over 5 years, evidence of our constant focus on post sale engagement.

We were declared among the top 10 most trusted life insurance brands in the country, as per Economic Times’ Brand Equity survey. What is notable is the fact that we are the only second generation life insurance company to feature in the list. In a short time, we have made significant progress to gain the trust of people.

While the world measures its success through numbers and financials, at IDBI Federal, we use additional intangible metrics like strength of relationships, smiles and trust!

- Vighnesh Shahane
  CEO, IDBI Federal Life Insurance

Our key milestones

  • License received from IRDAI

    December 2007

  • First policy sold

    March 2008

  • Breaks even within 5 years; among the fastest in the industry

    March 2013

  • Records a profit of Rs. 80 crore

    March 2014

  • IDBI Federal crosses Rs. 1000 crore in total business

    March 2015

  • Moves to a bigger, modern office

    October 2016

  • With Rs 1,565 crore in total premium, we registered 27% growth

    March 2017

Leadership Team

At IDBI Federal Life Insurance, employees are encouraged to create the life and lifestyle of their choice. Meet the leaders who make it possible.

Fresh news about us

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SPOTLIGHT

IDBI Federal Life Insurance will primarily be Bancassurance led.

Vighnesh Shahane talks about IDBI Federal's strategic intent.

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OTHER NEWS

IDBI Federal aims at 40% top-line growth

News
OTHER NEWS

IDBI Federal to sell insurance via PoS channel

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