PNB MetLife India Insurance Company Limited is one of the leading life insurance companies in India. The shareholders of this company are MetLife International Holdings LLC(MIHL), Punjab National Bank (PNB), Jammu & Kashmir Bank Limited (JKB), M.Pallonji and Company Private Ltd and other private investors. PNB and MetLife are the major shareholders of this company since the stating 2001.

COMPANY DETAILS:
COMPANY TYPE Private Ltd
Managing Director & CEO Mr. Ashish Kumar Srivastava
Foreign Partner MetLife International Holdings LLC Punjab National Bank Jammu & Kashmir Bank Limited M. Pallonji and company Pvt ltd
Covering range of people 17 lacs Lives covered
Contact Details Toll-free   : 1800 425 6969 Website    : www.pnbmetlife.com Mail           : indiaservice@pnbmetlife.co.in
Latest Claim Settlement Ratio 98% (FY 2019-20)
Brand Ambassador Ms. P V Sindhu
Year of start 2001
IRDAI registration No 117
Employees 10,444+ employees
Asset Under Management Rs. 5,507Cr as on 31st March 2020
New Business Premium Rs. 1,779 Cr (FY 2019-20)
Solvency Ratio 189% as on 31st MAR 2020
Branches 13,000 bank branch networks
Banking Partners 1)Punjab National bank 2)J & K bank 3)Karnataka Bank Limited 4)Geojith Financial services Limited 5)Esaf Small Finance Bank
Corporate Office PNB MetLife India Insurance Company Limited Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers,26/27 M G Road, Bangalore, Karnataka – 560001.
Top Selling Best Products 1)PNB MetLife Mera term Plan 2)PNB MetLife Mera Jeevan Suraksha Plan 3)PNB MetLife Guaranteed Savings Plan 4)PNB MetLife Guaranteed Income Plan 5)PNB MetLife Smart Assure
Awards and Recognition 1)PNB MetLife won Gold Award for Data Driven Marketing by ACEF 2020 2)The Economic Times lists PNB MetLife among ‘Top 10 trusted Life Insurers of India’ and recognizes among the Best Brands of 2019. 3)PNB MetLife wins the Risk Team of the year at the ERM World Summit & awards 2019 4)PND MetLife’s app wins Best use of technology award for Enhance customer experience and Best usage of AI in Life Insurance.
Social Media Links Twitter     : twitter.com/PNBMetLife1 Facebook : facebook.com/PNBMetLife Instagram : Instagram.com/pnb_metlife You Tube  : youtube.com/user/pnbmetlife
Values

Core Values drive their strategic approach that facilitates our success in the competitive insurance market of the country.

->Put Customer First

Caring for and respecting customers is core to everything they do. That define their work and shapes the culture for their people, radiating out to their shareholders and communities.

->Be the Best

They are relentless in their search for new and better ways of doing things. As a leader in our industry, they constantly raise the bar, take calculated risks and learn quickly from our mistakes.

->Make Things Easier

Products in their industry aren’t always easy to understand. That’s why PNB MetLife are always looking for simpler ways to connect customers to the best solutions. By doing that, they are aim to exceed their expectations and build trust.

->Succeed Together

United by their purpose, they live by a collective commitment to honesty, integrity and diversity. They are open and inclusive proudly taking and applying the best ideas from every part of their company.

ABOUT PNB METLIFE

MetLife is one of the leading Global Life provider and PNB is one of the oldest leading creditability and reliability nationalized Bank, both brings together to make financial strength of PNB MetLife.

The vast distribution reach of PNB together with Global insurance expertise made the product range to be trustful and fulfill to their customers and make more stronger the MetLife.

OPERATIONS OF PND METLIFE

PNB MetLife is present in 107 locations across the India and serving over 100 million customers in more than 11,000 locations through the strongest banking partners.

Both insurance company and their partners offering the products for their customers in 4 different stages of the life circle - Family protection, Child Education, Long term savings and Retirement. For that they offer 16 savings product, 13 protection product, 5 pension product and 8 0ptional riders to meet their portfolio.

PNB MetLife also having the wide range of protection and retirement products and deliver through its agents of over 7,338 financial advisors and bank partners and had 659 corporate clients in India. For the above vast range of covering people with products this company making profit continuously from the last 5 years.

METLIFE INC

MetLife founded in 1868, through its subsidiaries and affiliates, is a global provider of life insurance, annuities, employee benefits and asset management.

The company serving approximately 100 million customers and 90 of the FORTUNE 100 as clients, its operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

PUNJAB NATIONAL BANK

Punjab National Bank was started in 1895, since inception PNB has always been a people’s bank serving millions throughout India and also had the product distinction of serving great national leaders like Sarvshri Jawaharl Lal Nehru, Gobind Ballabh pant, Lal Bahadur Shastri, Rafi Ahmed Kidwai, Smt. Indira Gandhi and many more leaders.

OPERATIONS OF PNB

PNB is a banking giant and one of the most credible banks with a vast network of 5,600 branches all over India. With over 60 million satisfied customers and more than 5100 offices including 5 overseas branches, PNB has continued to retain its leadership position amongst nationalized banks. The bank has also entered the credit card, debit card, bullion business, life and non -life insurance, gold coins and asset management business, etc.

J & K BANK

Jammu and Kashmir Bank Limited was incorporated on October 1, 1938 and commenced its business from 4th July, 1939 in Kashmir.

This bank was the first in the country as a state-owned bank. According to the extended central laws of the state, Jammu & Kashmir Bank was defined as govt. company as per the provision of Indian Companies Act 1956. In the year of 1971, the bank received the status of a scheduled bank.

The bank has more than 500 branches across the country and has recently become a billion-dollar company.

KARNATAKA BANK LIMITED

Karnataka Bank is a leading private sector bank with 91 years of purposeful banking on February 18, 2015 headquartered in Mangalore.

The bank is having 686 branches across India along with 1065 ATM’s. The bank provides “One Stop Shop” banking experience to the customers; provide services like Mutual Fund, point of sale, Remit2India & Xpress Money transfer for NE remittances.

The bank has a host of customer friendly products like – visa enabled International debit card, with e-commerce & m-commerce, Travel card, Gift card and internet banking, Mobile Banking, Missed call facility, mPassbook and many more.

 

AMERICAN EXPRESS BANKING CORP

American Express Banking Corp is an engine of commerce that provides innovative payment, travel and expense management solutions for individuals and business of all sizes.

Each day American express makes it easier, safer and more rewarding for consumers and business to purchase things they needed for merchants to sell their goods and services.

They help customers realize their dreams and aspirations through industry-leading benefits, access to unique experiences, business-building insights, and global customer care. They enable their customers to do more and achieve more.

RECENT ACTIVITIES OF PND METLIFE

Recently RevFin ties up with PNB MetLife to offer life cover to its customers. RevFin customers who have taken a loan to buy an electronic three-wheeler can take advantage of this tie-up, and cover their outstanding loan amount during loan tenure.

PNB MetLife focus to penetrate the uninsured customer segment and the tie-up with RevFin is in line with same. PNB MetLife will able to reach out unbanked population of India and drive greater financial inclusion with this collaboration.

The company received three new international standard organization for standardization certificates, that provide global validation to PNB MetLife’s rigorous efforts in developing and implementing a quality management system.

With the onset of the global COVID-19 pandemic, PNB MetLife enacted a robust business continuity plan that went beyond IT Infrastructure. It ensured the safety and wellbeing of employees, continued customer engagement and digital servicing, and simplified premium payment and claims process.

You can also read other insurance company details in our website or by using the link given below:

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