Aviva Life Insurance today announced the launch of its second branch office in Bangalore to strengthen presence and meet the growing demand. The new branch is located in the Jayanagar area in Bangalore. With the opening of this branch the total Aviva branch strength will go up to 35 branch offices in 27 cities across India.
- Opens second fully functional branch in Bangalore
- Total branches in India go up to 35
- Aviva’s products and services are available in 200 locations through branches and bancassurance partners
Aviva Life Insurance today announced the launch of its second branch office in Bangalore to strengthen presence and meet the growing demand. The new branch is located in the Jayanagar area in Bangalore. With the opening of this branch the total Aviva branch strength will go up to 35 branch offices in 27 cities across India.
The branch was inaugurated by Grant Barrans, director - Aviva Life International, in the presence of Aviva Life Insurance Company India Pvt Ltd managing director Stuart Purdy and Shoumitro Roye, director, Direct Sales Force. Grant Barrans said: "I am delighted to inaugurate Aviva India’s second branch in Bangalore. The city is contributing significantly to the overall business in India. The Aviva Group is very pleased with the rapid growth rates and the performance of Aviva in India."
Stuart Purdy said: "Bangalore is one of the most mature insurance markets in the country. Opening another branch in the city is a step further towards expansion. In the last three years we have been able to strengthen our Direct Sales Force by covering a large geographical area of the country and offer quality advice to customers. We are delighted to further expand our presence and ensure that our customers get world class products that suit their individual needs."
Aviva India has branch offices in Mumbai, Delhi, Kolkata, NOIDA, Cochin, Gurgaon, Coimbatore, Chennai, Hyderabad, Bangalore, Jaipur, Kanpur, Lucknow, Asansol, Guwahati, Ahmedabad, Vadodara, Pune, Ludhiana, Patna, Vijaywada, Bhubaneshwar, Chandigarh, with multiple branches in the metros and four rural branches in Udaipur, Faridkot, Nasik and Nagpur.
In addition, Aviva’s products are available in 200 locations in the country through its Bancassurance tie-ups.About Aviva
Aviva Life Insurance is a joint venture between Dabur and Aviva. Current paid up capital amounts to 320 Crores. Dabur are the 74% shareholder and Aviva the 26% shareholder. Aviva plc is the UK’s largest insurance group and the world’s oldest insurance group, with a history dating back to 1696. Today, it is the sixth largest insurer worldwide, with 30 million customers and Ł291 billion assets under management. Prior to nationalization, Aviva was the biggest of the foreign insurers operating in the Indian market.
Founded in 1884, Dabur is one of India’s oldest and largest groups of companies with the group’s consolidated annual sales in excess of Rs 1,350 crores. A professionally managed company it is the country’s leading producer of traditional healthcare products.
Aviva pioneered the concept of bancassurance in India, and has leveraged its global expertise in this area successfully in India. Bancassurance has been contributing close to 65% of the total sales of Aviva India. Through its branches and its bancassurance partner locations, Aviva products are available in 200 towns and cities across India.
Aviva’s products have been designed in a manner to provide customers flexibility, transparency and value for money. We have been among the first companies to introduce unit linked products in the market.
Aviva has a unique need based sales approach through the "Financial Health Check" (FHC). The FHC is a free service administered by our FPAs (Financial Planning Advisers) for a need-based analysis of the customer’s long-term savings and insurance needs. Depending on the life stage and earnings of the customer, the Financial Health Check assesses and recommends the right insurance product for them.
Aviva is also keen to reach out to the underprivileged that have not had access to insurance so far. Through its association with Basix (a micro financial institution) and other NGOs, it has been able to cover lakhs of lives.
For further information, please contact:
Pooja Garg Khan R Murali
Aviva Life Insurance Company India Pvt. Ltd
tel: 0124-2804141, extn 7105
e-mail: pooja.khan@avivaindia.com
R Murali
IPAN
tel: 080-22228239
e-mail: murali@ipan.com