Star Union Dai-ichi Life Insurance
Bank of India and Union Bank of India, two leading Public Sector Banks in India and the Dai-ichi Life Insurance Company Limited, a leading Japanese Company in the Life Insurance market, have floated a Joint Venture Company, Star Union Dai-ichi Life Insurance Co. Ltd. for undertaking Life Insurance Business in India.
Star Union Dai-ichi Life Insurance Co. Ltd., with the strength of the domestic partners in the Indian Financial Sector coupled with the Dai-ichi Lifes strong domain expertise is expected, to be a strong player in the Indian Life Insurance market in a short time. The Company offers various products to serve all strata of the society.
Star Union Dai-ichi Life Insurance Company Ltd. is also committed to providing insurance to rural and weaker / social sectors. Both the domestic partners are in the process of implementing Govt. of Indias initiative of Financial Inclusion and their pan India network of branches gives the Company a natural edge in catering to these sectors effectively.
With the strong brand and commitment of the partners, Star Union Dai-ichi Life Insurance Company Ltd. promises to be a new star on the horizon of the Indian life insurance business, promising value to all stakeholders
Some Key Achievements :-
? Received Excellence in Growth Award in 2011
? Received the Bronze Award for Excellence in Life Insurance Business at the Stars of the Industry Awards in 2012
? Technology Maturity Award - Awarded by Fintelekt on June 21, 2013.
? Excellence in Financial Reporting - Awarded for for best financial accounting practices by ICAI in February 2014.
? Bancassurance Leader of the year award in India Insurance Awards - June 2014
? Best Life Insurance in Private Sector by ABP News, 2015
? Company with Highest Claims Settlement by ABP News, 2015
? Excellence in HR through Technology by Ascent, 2015