ING Vysya Life in India

ING Vysya Life Insurance Company Limited entered the private life insurance industry in India in September 2001, and in a span of 5 years has established itself as a distinctive life insurance brand with an innovative, attractive and customer friendly product portfolio and a professional advisor sales force.

It has a dedicated and committed advisor sales force of over 21,000 people, working from 140 branches located in 74 major cities across the country and over 3,000 employees. It also distributes products in close cooperation with the ING Vysya Bank network. The Company has a customer base of over 4,50,000 & is headquartered at Bangalore. In 2005, ING Vysya Life earned a total income in excess of Rs. 400 crores and has a share capital of Rs. 440 crores.

The Company aims to make customers look at life insurance afresh, not just as a tax saving device but also as a means to add protection to life. The one thing we hold in highest esteem is 'life' itself. We believe in enhancing the very quality of life, in addition to safeguarding an individual's security. Core values are therefore defined as Professional, Entrepreneurial, Trustworthy, Approachable, and Caring.

The Company’s portfolio offers products that cater to every financial requirement, at any life stage. We believe in continuously developing customer-driven products and services and value being accessible and responsive to the needs of our customers.

In fact, the company has developed the LifeMaker- A simple method that can be used to choose a plan most suitable to a specific customer based on his needs, requirements, and current life stage. This tool helps you build a complete financial plan for life, whether the requirement is Protection, Savings, or Investment, Retirement.

Partners

• ING Group
• Exide Industries Limited
• Gujarat Ambuja Cements Limited
• Enam Group

ING Group – A Fortune Global 500, 2006. ING is a global financial institution of Dutch origin. It has 150 years of experience, and provides a wide array of banking, insurance, and asset management services in over 50 countries and is trusted by over 60 million customers. Its 1,13,000 employees work daily to satisfy a broad customer base – individuals, families, small businesses , large corporations, institutions and governments. The ING Group has gone from strength to strength year after year and is the world's 13th largest company. The ING Group is the world's largest financial institution with over US $ 1 trillion in assets and profits of US $ 8.5 billion in 2005.

Over the last 150 years, ING Group has grown to become the largest insurer in the world. Today it touches the lives of millions of people across 50 countries.

ING Group has wide and deep experience in setting up companies in new markets, which require substantial investments underlining ING's long-term commitment. In the last 20 years, ING Group has established successful life insurance companies in 15 countries contributing to the development of insurance services in these countries successfully.

Exide Industries Limited - With eight manufacturing plants strategically located across the country, Exide is India’s largest producer of automotive and industrial batteries. Its range of products covers everything from the smallest batteries required in motorcycles to the giant batteries powering submarines.

For the fiscal year 2004-05, the company registered a sales turnover of Rs. 1,482 crores and a net profit of Rs. 77 crores. Boasting an uninterrupted dividend payment track record of 58 years, the company has a global presence through its subsidiaries in Singapore, Sri Lanka and the United Kingdom.

It is the market leader in the organised sector in both the automotive and industrial segments. 'EXIDE' and ‘SF (Standard Furukawa)', the flagship brands of the Company, are also the leading battery brands in the country.

Gujarat Ambuja Cements Limited - Gujarat Ambuja Cements Limited is the fastest growing cement company in India and considered one of the most reputed companies in India. GACL’s brand “Ambuja Cement” is considered a premium brand in the Indian market. Apart from domestic sales, Ambuja Cement is also the largest seller of Indian cement in countries including Sri Lanka, Dubai and Kuwait.

Its plants are some of the most efficient in the world, with environment protection measures that are on par with the finest in the developed world. It is the most profitable cement company in India, and the lowest cost producer of cement in the world.

Enam Group - Enam Group is one of India’s leading financial service providers reputed for its ability to perceive the true potential of businesses and enhance their value. The culture at Enam Group is deeply rooted in ethics, innovation and financial sobriety.

About ING Vysya - ING Vysya has three businesses in India, ING Vysya Life Insurance, ING Vysya Bank and ING Vysya Mutual Fund. ING Vysya Bank is a premier private sector bank with a 70-year heritage and 1.5 million satisfied customers. ING Vysya Mutual Fund is a mid sized asset management company with a retail investor focus.