Exide Life Insurance is Great Place to Work-Certified™ in 2021
Bengaluru: Exide Life Insurance Co Ltd., one of India’s leading life insurance providers, has been certified as a Great Place to Work by the Great Place to Work® Institute. The certification comes at a time when the company is aiming for accelerated growth by implementing a number of initiatives which include cultural transformation projects, technological and digital upgrade, and heightened customer value proposition. This new journey will give every employee an opportunity to participate in the company’s success and thereby give their career a boost.
Getting featured as a Great Place to Work strengthens the company’s commitment towards offering its employees conducive work environment where team work and excellence is highly valued. The certification is a four-step process which includes an organization-wide Employee Engagement Survey and submission of a culture brief. This is followed by a Culture Audit© to assess the employee-centric practices adopted by the organization. After the institution’s assessment, the company gets certified on meeting various pre-determined criterion which also makes it eligible for a number of recognitions in the future. The Great Place to Work® certification and the research insights shared by the institution will help Exide Life devise an advanced people strategy to further improve its work culture.
Commenting on the certification, Dola Mukherjee, Director – Human Resources, Exide Life Insurance said, “As an organization, we have always focused on offering the best-in-class work culture where employees are encouraged to collaborate with each other to achieve individual as well as company goals. While we believe in promoting healthy competition, we also do our best to ensure that every employee takes pride in their work and contribution towards the company’s growth. The Great Place to Work® certification substantiates these efforts and our commitment of ‘Lamba Saath, Bharose Ki Baat’. We are confident that this certification will help us identify key improvement areas and enhance our employee experience further.”
About Great Place to Work® Institute:
Great Place to Work® Institute is a Gold Standard in workplace culture assessment. It is the world’s leading Employee Engagement and People Practices framework endorsed by around 700 organizations in India, each year. With an experience of 30 years in culture research and consulting, the institute is present in more than 60 countries. The institution’s Annual Global research represents more than 12 million employees across 10,000 organizations in over 60 countries.
About Exide Life Insurance Company Limited:
Exide Life Insurance Company Limited, an established and profitable life insurance company, commenced operations in 2001-02 and is head quartered in Bengaluru. The Company is 100% owned by Exide Industries Limited. The Company serves over 15 lakh customers and manages assets of INR INR 17,748 Cr (as on 31 December, 2020). Exide Life Insurance distributes its products through multiple channels viz. Agency, Bancassurance, Corporate Agency & Broking, Direct Channel and Online. The Agency channel comprises of over 40,000+ advisors who are attached to over 200 Company offices across the country. The Company also offers group life insurance solutions.
The Company is focused on providing long term protection and savings plans and has a strong traditional product portfolio with a consistent bonus track record. The Company has ISO 9001:2015 quality certification for all Customer Service processes and the ISO/IEC 27001:2013 for information security management.