PNB MetLife records 37% premium growth in TS
PNB MetLife, one of India's leading life insurance companies, combines the credibility of PNB – one of India’s oldest and leading nationalised banks and the financial strength of MetLife Inc – a 155-year-old global insurance provider. With over two decades of experience in India, PNB MetLife is a trusted brand that holds a strong presence across India through diverse distribution channels.
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Hyderabad PNB MetLife, one of India's leading life insurance companies, combines the credibility of PNB – one of India’s oldest and leading nationalised banks and the financial strength of MetLife Inc – a 155-year-old global insurance provider. With over two decades of experience in India, PNB MetLife is a trusted brand that holds a strong presence across India through diverse distribution channels.
PNB MetLife also recorded impressive growth in new business premium in FY’23 in the states, with an overall ANBP (adjusted new business premium) growth of 37 per cent in Telangana, and 19 per cent in Andhra Pradesh. It currently has 12 branches in the both States, as well as 271 branches through their bancassurance partnerships in the region through which they offer services and products to customers. “We arerevolutionising the entire customer journey from sales to on boarding and post-sale service, leveraging a comprehensive digital environment. In accordance with their circle of life philosophy, we provide customised products and solutions to serve its customers at all stages of life, including retirement, protection, parenthood, and long-term savings,” said Sameer Bansal, CDO,PNB MetLife.
The company has been able to accelerate all processes by utilising the strength of artificial intelligence (AI), machine learning (ML), and data analytics capabilities to ensure seamless experience to its stakeholders.
