Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of INR 733 crores for the first half of financial year 2018-19. For the same period, the 13th month persistency of the company was at 83.5% and, the retail claims settlement ratio was 98%.One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.
At Tata AIA Life, they firmly believe that employees are the key to our success. Their values emphasize respect for people and diversity. They believe that employees have long term careers and strong values and it is their contribution that serves as a bedrock on which the organization is built.
Recognizing the significance of employee engagement, Tata AIA Life designed and launched two employee engagement initiatives in 2012 namely ‘Full on Fun’ and ‘YOU’ (Year of You) with the idea to build an energized and vibrant workforce. With success and learning, the initiatives were enhanced and in the year 2013, launched as ‘Full on Fun Series II’ and ‘YOU Plus’.
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