Edelweiss Tokio Life Insurance Company Ltd is a new age Life Insurance Company in India, established in 2011. It is a joint venture between Edelweiss Financial services Limited, One of India’s Leading & diversified financial services company and Tokio Marine Holdings Inc, One of the oldest and largest life insurance company in Japan. Hence, the shares of the Edelweiss Tokio Life had divided in the ratio of 74:26 between Edelweiss and Tokio.
|COMPANY TYPE||Private Ltd|
|Managing Director & CEO||Mr. Sumit Rai|
|Foreign Partner||Tokio Marine Holdings Inc, Oldest and Largest Insurance company in Japan – 26% Edelweiss Financial Services Limited, One of India’s leading and diversified financial services company – 74%|
|Covering range of people||4+ lakh Clients|
|Contact Details||Toll-free : 1800 212 1212 (Customer service) : 022 6611 6040 (New product Queries) Website : www.edelweisstokio.in Mail : firstname.lastname@example.org Whats App : +91 77109 51089|
|Latest Claim Settlement Ratio||83.44% (FY 2019-20)|
|Asset Under Management||3,096.89 Cr as on March 31st 2019|
|Solvency Ratio||232% as on 31st MAR 2019|
|Brand Ambassador||Mr. Sonu Sood, an Indian Film Actor.|
|Vision||Edelweiss tokio will take the responsibility of protecting people’s dreams and aspirations. The company will pro-actively find out what people’s dreams and aspirations are and what could potentially hinder their dreams and aspirations. It also will bring our expertise and resources to help them fulfill their dreams and mitigate the hindrances.|
|Year of start||2011|
|IRDAI registration No||147|
|Corporate Office||Edelweiss Tokio Life Insurance Company Limited, 6th Floor, Tower 3, Wing ‘B’, Kohinoor City, Kirol Road, Kurla (W), Mumbai – 400070.|
|Corporate Partner||1) Catholic Syrian Bank Limited 2) Fincare Small Finance Bank Limited 3) Edelweiss Broking Limited 4) Finwizard Technology Pvt Ltd|
1) Edelweiss Tokio Life Simply protect – Term Plan
2) Edelweiss Tokio Life Zindagi Plus – Term Plan
3) Edelweiss Tokio Life Gcap – Endowment Plan
4) Edelweiss Tokio Life Wealth Secure+ – ULIP Plan
5) Edelweiss Tokio Life Active Income Plan – Income Plan
6) Edelweiss Tokio Life Easy Pension Plan – Pension Plan
7) Edelweiss Tokio Life Criticare+
8) Edelweiss Tokio Life Group Life Protection – Group Insurance
|Awards & Recognitions||
1) Edelweiss Tokio Life Wealth Secure + has been ranked as No.1 ULIP for 2020 by CRISIL
2) ‘Best Social Buzz Campaign 2018’ at the Activation Venues Forum for the Product Zindagi Plus
3)Edelweiss Tokio Life Zindgai Plus ‘Innovative Product of the year 2018’awareded at Golden Stars Awards 2018
4) ‘Best Product Innovation Award 2018’ at National Awards for Marketing Excellence for the Wealth plus product
5) Best Product Innovation for Wealth Plus at Golden Globe Tigers Award 2018
|Social Media Links||
Twitter : http://twitter.com/edelweiss_tokio
Facebook : http://facebook.com/EdelweissTokioLife
Instagram : http://Instagram.com/edelweiss_tokio
They will stand for quality across all aspects – quality of their interaction before a purchase decision, quality of their advice, quality of their products and quality li their Post Purchase interactions with their customers.
-> Cost Consciousness
Life Insurance extends a helping hand to people in the darkest hour of their need. Their effort to manage their operations and their people on the most cost-conscious manner will ensure that every rupee saved will add to the help life insurance can extend to their customers.
They view the world from their customer’s perspective to understand their dreams and aspirations. The reflects in their advisory process, their products, their customer service and claim process.
ABOUT EDELWEISS TOKIO LIFE
The company has identified six important need of the consumers and developed a range of products to help their customers for achieving their goals and the financial needs.
Similarly, the products are very suitable for their customers through their various need in various stages of their life stages. The company has over 49,000 agents operating in 121 cities, across 93 locations.
The corporate agent of the company also used to provide their services to their consumers across all places in the country. The company was recognized as a ‘Rising Star Insurer’ in 2013 for its financial strength, business strategy and technology innovation.
EDELWEISS FINANCIAL SERVICES LIMITED
Edelweiss is one of the India’s leading diversified financial services conglomerate, offering a robust platform to a diversified client base across domestic and global geographies. Hence, the company provides a broad range of financial products and services, catering to a substantial and differentiated client base, including corporations, institutions and individuals.
At edelweiss, their enhanced understanding of the financial services sector, deftly balancing risk with rewards, combined with a relentless focus on systems, process and highest governance standards, it also enables them to deliver quality services to their customers.
The company’s continuous single-minded focus on understanding customer’s needs and offering the right financial solutions. Present in every financial life stage of a customer, helping them create wealth, grow wealth and protect everything, are their key lines of business.
OPERATIONS OF EDELWEISS FINANCIAL SERVICES
The company provide credit to retail people and corporates and provide investment solutions & Advisory services for their wealth and asset management and also offering Life and General insurances to protect them from an uncertainty.
Their diversified business model reflects the company’s experience across India’s multiple consuming facets, from industrial behemoths and large companies to small business as well as the average Indian urban and rural household.
By offering these types of service to 1.2 million strong bases of clients as a network of over 476 offices, with close to 11,000 employees. Together with a strong network of sub-brokers and authorized persons, the group has a presence across all major cities in India.
TOKIO MARINE HOLDINGS INC
Tokio marine holdings Inc is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property and oldest insurance group in Japan in terms of revenue and the parent company for Tokio Marine Group employs 39,000 people in 38 countries worldwide.
The main objective of this company is to be engage in management of non-life insurance companies, life insurance companies, specialized securities, foreign companies engaged in insurance business and any other company which is or may become subsidiary of the company in accordance with provisions of the insurance business law of Japan.
RECENT ACTIVITIES ABOUT EDELWEISS TOKIO LIFE
In this pandemic Covid-19, the one thing that can prepare people for uncertainties is life insurance. We have seen a rise in demand for life insurance over the past few months.
For those who have been procrastinating getting a life cover with an excuse of not having enough time to spare for buying a life insurance policy. For that Edelweiss Tokio employees are all work for the people and also provide the servicers through online and make the process simple.
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