Overview
Tata AIA Life Insurance Company Limited (Tata AIA Life Insurance) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life Insurance combines Tata’s preeminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in the Asia Pacific region. Tata AIA Life Insurance is one of the leading insurers in the country, and offers plans in multiple life insurance segments such as protection plans, wealth plans, child plans, savings plans, group plans, and micro-insurance plans, among others.
Tata AIA Life Insurance has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10%, and the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life Insurance is now ranked at no. 5 based on individual weighted new business premium (IWNBP).
Our Mission
To provide the best and simplest life and health insurance solutions
Our Vision
To be the pre-eminent protection provider - enabling dreams, inspiring healthier and happier lives
Our Values
Consumer Obsession
Consumer is paramount in everything we do
Innovate solutions and services to delight our customers
Transparently deliver on promise
Passion for Excellence
Set and achieve the highest standards
Do the Right things in the Right way
Take accountability and drive results
Pioneer Change
People - our Core
Inspire myself & my colleagues to be and deliver the very best
Create and take distinctive opportunities for development
Demonstrate courageous leadership at all times
Exceptionally reward outstanding performance and right behaviour.
Social Networks [Tata AIA]: