reserch report on hdfc life insurance company

1. Introduction
HDFC Life is a joint venture between Housing Development Finance Corporation Limited (HDFC),
India's leading housing finance institution and Standard Life plc, the leading provider of financial
services in the United Kingdom.
HDFC Ltd. holds 71.42% and Standard Life (Mauritius Holding) Ltd. holds 26.00% of equity in the
joint venture, while the rest is held by others.
HDFC Life's product portfolio comprises solutions, which meet various customer needs such
as Protection, Pension, Savings, Investment and Health. Customers have the added advantage of
customizing the life insurance plans, by adding optional benefits called riders, at a nominal price.
The company currently has 24 retail and 8 group products in its portfolio, along with 9 optional
rider benefits catering to the savings, investment, protection and retirement needs of customers.
HDFC Life continues to have one of the widest reach amongst new insurance companies with over
400 branches in India touching customers in over 900 cities and towns.The company has also
established a liaison office in Dubai. HDFC Life has a strong presence in its existing markets with a
strong base of Financial Consultants.
Corporate History[edit]
The Insurance Regulatory and Development Authority (IRDA) was constituted in 1999 as an
autonomous body to regulate and develop the insurance industry. The IRDA opened up the market
in August 2000 with the invitation for application for registrations. HDFC Life was established in 2000
becoming the first private sector life insurance company in India.[6]
By 2001, the company had its 100th customer, strengthened its employee force to 100 and had
settled its first claim. HDFC Life launched its first TV advertising campaign 'Sar Utha Ke Jiyo' in
2005. In 2006, a study conducted by the Brand Equity – Economic Times had put HDFC Life at 29th
rank in the most trusted Indian Brands amongst the Top 50 Service Brands of 2010.[7]
The Insurance Regulatory and Development Authority (IRDA) gave accreditation to HDFC Life for
149 training centres housed in its branches to cater to the mandatory training required to be given as
well as for other sales training requirements in 2009.
In 2012, it the first private life insurance company to bring back pension plans under the new
regulatory regime, with the launch of two pension plans - HDFC Life Pension Super Plus and HDFC
Life Single Premium Pension Super.[8]

2. ORGANISATION BODIES
1. AuditCommittee 2. Nomination&RemunerationCommittee 3. StakeholdersRelationship
Committee 4. RiskManagementCommittee 5. Corporate Social ResponsibilityCommittee 6.
InvestmentCommittee 7.PolicyholderProtectionCommittee 8.WithProfitsCommittee 9.Executive
Committee
III) OUR VISION AND VALUES
HDFC StandardLife Insurance CompanyLtd.isone of India'sleadingprivate insurance companies,which
offersa range of individual andgroupinsurance solutions.Itisa jointventure betweenHousing
DevelopmentFinanceCorporationLimited(HDFCLtd.),India'sleadinghousingfinance institutionand
StandardLife plc,a GroupCompanyof the StandardLife,UK.
A) Our Vision'The most successful andadmiredlife insurance company,whichmeansthatwe are
the most trustedcompany,the easiesttodeal with,offerthe bestvalue formoney,andsetthe
standardsinthe industry'.Inshort,'The most obviouschoice forall'.
) Our ValuesValuesthatdefinehowwe work:
Excellence
 People Engagement
 Integrity
 CustomerCentricity
 Collaboration 

3. Corporate Office
HDFC Standard Life Insurance Company Limited,
12th & 13th Floor, Lodha Excelus,
Apollo Mills Compound, N .M. Joshi Road,
Mahalaxmi, Maharashtra, Mumbai - 400 011
Telephone: (022) 67516666
Working days
Monday to Friday: 9:15 AM to 6:00 PM
Awards & Accolades
2007
Deepak M SatwalekarAwarded QIMPRO Gold Standard Award 2007
Mr Deepak M Satwalekar, then MD and CEO, HDFC Standard Life, received the QIMPRO Gold Standard Award 2007
in the business category at the 18th annual Qimpro Awards function. The award celebrates excellence in individual
performance and highlights the quality achievements of extraordinary individuals in an era of global competition and
expectations.
SarUtha Ke Jiyo Among India's 60 Glorious Advertising Moments
HDFC Standard Life's advertising slogan honoured as one of '60 Glorious Advertising & Marketing Moments' over the
last 60 years in India,' by 4Ps Business and Marketing magazine.
2008
Received 2008 CIO Bold 100 and CIO Security Awards

4. HDFC Life received the 2008 CIO Bold 100 Award and the Special 2008 CIO Security Award. The company received
the 2008 CIO Bold Award for its mobile workforce portal and the CIO Security Award for its initiatives for a secure
computing environment, including identity management
Honoured with PCQuest Best IT Implementation Award 2008
HDFC Life was honoured with the PCQuest Best IT Implementation Award 2008 for Consultant Corner, the
applications for its financial consultants, providing centralized control over a vast geographical spread for key
business units such as inventory, training, licensing, etc.
Won SilverAbby at Goafest 2008
HDFC Standard Life's radio commercial - 'Pata Nahin Chala' for Pension Plans won a Silver Abby in the radio writing
craft category at the Goafest 2008 organised by the Advertising Agencies Association of India (AAAI).
HDFC Life's Unit Linked Savings Plan in Mint Best TV Ads Survey
HDFC Standard Life's Unit Linked Savings Plan advertisement was ranked 4th in terms of a combined score of ad
awareness and brand recall and 3rd in terms of ad diagnostic scores (likeability, enjoyment, believability, and claim) .
2009
Received CIO 'The Ingenius 100 2009' Award
HDFC Standard Life has received the CIO 'The Ingenious 100 - 2009 Award,' for ATLAS (Agency Training Licensing
and Servicing System). The company also received the CIO 100 'Security Award 2009' for pioneering LANDesk
Management and Security Suite security implementation and taking its security to a higher level of technological
excellence.
Honoured with DiamondEDGE Award 2009
HDFC Standard Life was honoured with the Diamond EDGE Award 2009 for its mobile workforce portal - Consultant
Corner. EDGE - Enterprises Driving Growth and Excellence (using IT) is an initiative by the Network Computing

5. magazine to identify, recognise, and honour end-user companies in India that have demonstrated the best use of
technology.
2010
Recipient of IMC RBNQA - Performance Excellence Trophy 2010
HDFC Life has bagged the Indian Merchants' Chamber Ramkrishna Bajaj National Quality Award (IMC RBNQA) 2010.
The company has been declared a winner of the Performance Excellence Trophy 2010 in the service category.
Adjudged one of the Best Companies to Work for in India, 2010
HDFC Life has been adjudged one of the Best Companies to Work for in India in 2010. The company participated in
the Great Places to Work® study for the first time and ranked first in the insurance category. It ranked 34th on the
Top 50 Best Companies to Work for, in India 2010 list.
HDFC Life and 'YoungStarSuper'Voted 'Product of the Year 2010'
HDFC Life’s YoungStar Super has been voted ‘Product of the Year 2010’ in the 'Insurance' category by more than
30,000 consumers nationwide across 36 markets. YoungStar Super is an unit linked Children Plan with unique
benefits such as bumper additions, double and triple benefits, attractive allocations rates, and seven different funds
2011
Received Amaron Quanta - Express Uptime Champion Awards 2011
HDFC Life won the award in the BFSI category at Amaron Quanta - Express Uptime Champion Awards 2011. These
awards recognize reliability of IT infrastructure with solutions that guarantee optimal infrastucture uptime 24*7.
PowerBrands Hall Of Fame Most DynamicMarketing Professional of the Year

6. Sanjay Tripathy, EVP - Marketing, Product & Direct Channels received the PowerBrands Hall Of Fame Most Dynamic
Marketing Professional of the Year award 2011. PowerBrands Hall Of Fame is a ceremony that seeks to honour the
leaders in the marketing & communications fraternity who have carved a niche for themselves.
Honoured with CA Professional Achiever - Financials Services 2011
Vibha Padalkar, ED & CFO, was honoured with CA Professional Achiever - Financials Services (Women's Category).
These awards are instituted to acknowledge Chartered Accountants in Industry who: have demonstrated excellence
in the way in which they conduct their profession, are exemplary role models in the industry, have created value to
their company's stakeholders on a sustainable basis.
Best Marketing Campaign & Most Innovative Campaign by GiveIndia
HDFC Life received second prize for Best Marketing Campaign & Most Innovative Campaign
Recipient of MasterBrand Award 2011
HDFC Life recieved Master Brand Award in 2011. Master Brand Award is conferred upon those brands which appeal
to a large set of consumers from premium to masses while constantly keeping in mind a consumer centric approach.
Honoured at EFFIE 2011 Awards (Financial Services)
HDFC Life won the Effie Bronze for HDFC Life Children Plan Campaign 2011.
Won IMC RBNQA Performance Excellence Trophy 2011
HDFC Life won the Indian Merchants' Chamber Ramkrishna Bajaj National Quality Award (IMC RBNQA) 2011 for
excellence in the Service category. The IMC Ramkrishna Bajaj National Quality Award is one of the most prestigious
Quality Awards in the country.

7. Winnerat Asian Leadership Awards 2011
The Asian Leadership Awards is about Achievers, Super Achievers and Future Business Leaders. It recognizes and
rewards their ability to steer their businesses through turbulent times, applying the best of business modules to
manage and keep their missions afloat.
Ranked in India's Most Trusted Service Brand 2011
HDFC Life ranked India's Most Trusted Private Life Insurance Brand in 2011 in a survey conducted by Economic
Times-Brand Equity and the Nielsen Company.
Received Golden Peacock HR Excellence Award 2011
HDFC Life received the 'Golden Peacock HR Excellence Award’ for the year 2011 in the 'Banking Financial &
Insurance Sector.’ Golden Peacock Awards have been instituted since 1991 by the Institute of Directors (IOD) a non -
profit apex body of directors registered in India.
Recipient of Bloomberg UTV CXO Awards 2011
HDFC Life received the ’CXO Awards 2011 – The Technology Chapter’ organized by Bloomberg UTV in association
with Lenovo for ’Best Utilisation of Information Technology to Transform Business – Large Enterprise.’
Received EDGE Award 2011
HDFC Life received the EDGE Award 2011 for MINT, the company’s Renew al & Retention System. EDGE – Enterprises
Driving Growth and Excellence(using IT) award 2011 is an initiative by InformationWeek to identify, recognize and
honor end–user companies in India that have demonstrated the best use of technology to solve a business problem,
improve business competitiveness, and deliver quantifiable ROI to stakeholders.
Winnerof ASTD - Excellence in Practice Award 2011
HDFC Life received the ASTD Excellence in Practice Award in 2011. The American Society for Training & Development
(ASTD) Excellence in Practice category recognizes results achieved through the use of practices and solutions from
the entire scope of workplace learning and performance.

8. Winnerat Outlook Money Awards 2011
HDFC Life has been honoured with Outlook Money Award 2011 - Runners Up in the 'Best Life Insurer' Category. The
awards honor & celebrate the very best in the field of Personal Finance services.
Honoured with Innovation in CRM Award 2011
HDFC Life was conferred the prestigious Innovation in CRM award by IDC Financial Insights at its inaugural Financial
Insights Innovation Awards (FIIA) – Insurance held at the Asian Insurance Congress (AFS) in Singapore.
Conferredwith CIO 100 Award 2011
HDFC Life was awarded 2011 CIO 100 (International) Award for WONDERS, its enterprise wide workflow system. The
2011 CIO 100 Awards honor 100 companies globally that exemplify the strategic partnership of IT and business.
Honoured at Asia Best Employer Brand Awards 2011
HDFC Life received 5 awards across diverse categories in Asia Best Employer Brand Awards in the CMO Asia Awards
for Excellence in Branding and Marketing. The award categories that HDFC Life won are: Young HR Professional of
the Year, Talent Management, Best HR Strategy in Line with Business, Innovation in Recruitment and Brand
Leadership Award For Excellence in Branding and Marketing.
Conferredwith Yuva Hero Award
HDFC Life received Yuva Hero Award from the NGO Yuva Unstoppable for contribution towards upliftment of lesser
privileged children. Yuva Unstoppable is a premier volunteer movement with a force of 60,000 young people across
30 cities of India helping more than 100,000 kids in municipal schools / slums through organizational partnerships
with schools, colleges and corporate companies.

9. Top 50 Best Companies to Work for in India in 2011
HDFC Life has been adjudged one of the Best Companies to Work for in India in 2011, for the second consecutive
year. The company participated in the Great Place to Work® study and ranked first in the insurance category. It
ranked 40th on the Top 50 Best Companies to Work for, in India 2011 list.
Winnerat Indian Insurance Awards 2011
HDFC Life has won the 'Best Product Innovation Award 2011 - Life Insurance' for the product 'HDFC SL Crest' at the
Indian Insurance Awards 2011. The Indian Insurance Award is an initiative by India Insurance Review in association
with Celent to honour life insurance companies' performance, growth, product and market innovation, customer
service and technology throughout the year.
Winnerat CISO 100 Awards 2011
HDFC Life has been awarded the Top 100 CISO Awards 2011, for demonstrating outstanding performance in its
information security and technology practices. The 'Top 100 CISO Awards' recognizes executives who have
demonstrated outstanding initiatives in using information security practices and technology to secure their business
and mission critical information in the most effective manner and deliver business value, by creating competitive
advantage, optimizing business processes and improving relationships with customers.
Conferredwith Business SuperbrandIndia 2010-11
HDFC Life was conferred with 'Business Superbrand India 2010-11' title by Business Superbrands Council. HDFC Life
is ranked amongst the top quarter of all brands across all segments and all categories in India.
2012
Winnerat Golden Peacock Awards 2012
HDFC Life has emerged as the winner of the ‘Golden Peacock Innovative Product / Service Award’ for the year 2012
(for Click 2 Buy). Golden Peacock Awards, instituted by Institute of Directors in 1991, are now regarded as Holy Grail
of Corporate Excellence Worldwide.

10. CIO 100 Symposium & Awards Ceremony 2012
HDFC Life was awarded the Security Supremo Special Awards for bridging gaps in compliance and security by
creating an effective integrated framework at the CIO100 Symposium & Awards Ceremony, hosted by Websense, in
Association with CIO.
Featured in the list of 'Top 25 India's Best Companies to Work' 2012
HDFC Life has been acknowledged as one of India’s Top 50 'Best companies to Work' for the third consecutive year.
This year HDFC Life featured among 'Top 25 Companies to work for and ranked 23rd in a study conducted by Great
Places to Work®Institute, India in partnership with Economic Times.
Winners of the Indian Insurance award for Best Product Innovation 2012
HDFC Life was been awarded ‘The Indian Insurance award for best product innovation’. We received recognition for
our product offering called Sampoorn Samriddhi. Asia Insurance Review, part of SP Media, presented the annual
Indian Insurance Awards 2012 to honor performance and commitment of top Indian insurance companies.
Thought Leader Award at HRD Congress 2012
Mr. Amitabh Chaudhry, HDFC Life's MD & CEO, was awarded the Thought Leader Award in the Insurance Sector at
the World HRD Congress 2012. World HRD Congress felicitates change leaders in the industry.
Winnerat Top 100 CISO Awards 2012
HDFC Life’s Chief Information Security Officer (CISO) - Mr. Sharad Sadadekar, was recognized amongst the Top 100
CISOs 2012, for implementing one of the best Information Security practices amongst Indian companies.
Winnerat Best Prax 2012

11. HDFC Life was adjudged a winner at BestPrax Benchmark 2012 for Assessment of Integrated Reality and Risk (AIRr),
Scenario Planning and GOAL (Go Online And Learn). BestPrax Club is the Indian member of Global Benchmarking
Network (GBN), founded by Dr Robert Camp, author of the seminal works on Benchmarking.
Honoured at Asia’s Best CIO Awards for Leadership & Innovation 2012
HDFC Life received an award for leveraging IT for Business Performance, at the Asia’s Best CIO Awards for
Leadership & Innovation 2012 organised by CMO Asia.The Asia’s Best CIO Awards for Leadership & Innovation
provide the foundation for the IT Industry to showcase and celebrate Innovation and Leadership.
Awarded at Asia Best Employer Brand Awards 2012
HDFC Life received an award for Talent Management at the 3rd Asia Best Employer Brand Awards 2012. Our MD &
CEO, Mr. Amitabh Chaudhry also received an award in the category of CEO with HR orientation.
Winnerof Brand Slam LeadershipAward 2012
At Brand Slam 2012 organised by CMO Asia, Sanjay Tripathy, Senior Executive Vice President was awarded Brand
Slam Leadership Award. The Brand Slam Awards celebrates outstanding achievement across all aspects of the brands
landscape to recognize & honour the creativity and insight of both individuals and business at the cutting edge of the
marketing and branding technology industry.
Winnerat Asian BFSIAwards 2012
At the Asian BFSI Awards 2012, HDFC Life was honoured with an award for Underwriting initiative of the year. The
Asian Leadership Awards highlight, recognize and reward the Achievers, Super Achievers and Future Business
Leaders.
Recipient of Porter Prize 2012
HDFC Life won its first ever Porter Prize for leveraging unique activities in strategy across the organization. A total of
120 organizations across different industries had applied for the prize and our company was amongst the six
eventual winners.

12. Winnerat CNBC TV18's India's Best Banks and Financial Institutions Awards 2012
HDFC Life was honoured with 'Best Life Insurance Provider - Private Sector' Award at CNBC TV18's India's Best Banks
and Financial Institutions Awards 2012. IBFA honours Banks, Insurance companies, NBFCs and financial institutions
that have showcased the ability to manage risk, retain strong fundamentals, create wealth and are today leading
India to the global stage.
Honoured at World Quality Congress & Awards 2012
HDFC Life received the Best BPM Project award at World Quality Congress & Awards 2012. The Best BPM Project was
awarded for AIRr-Assessment of Integrated Risk and Reality. The World Quality Congress is an international forum
with participation from market leaders across several sectors.
Winnerat Celent Model InsurerAsia Award 2012
HDFC Life received Model Insurer Award in the area of Underwriting (for Point of Sale) and Model Insurer Asia of the
Year (For Point of Sale project) at Celent Model Insurer Asia Award 2012.
Honoured with Outlook Money Award 2012
HDFC Life has been honoured with Outlook Money Award 2012 - Runners Up in the 'Best Life Insurer' Category. The
Awards were monitored and judged by an eminent jury based on criteria such as reach and distribution, disclosures,
customer loyalty, product innovation, performance, and regulatory compliance.
Received CIO 100 Award 2012
HDFC Life was awarded the CIO 100 Award at the 7th annual CIO 100 awards 2012. The award acknowledges
companies that use information technology in innovative ways to deliver business value, create competitive
advantage, optimize business processes, enable growth or improve relationships with customers.

13. Conferredwith Business SuperbrandIndia 2011-12 title
HDFC Life has been conferred with 'Business Superbrand India 2011-12' title by Business Superbrands Council. The
company has also received the title of 'Consumer Superbrand' for the year 2011-12. HDFC Life is ranked amongst the
top quarter of all brands across all segments and all categories in India.
Received BestPrax Benchmark 2012 Award
HDFC Life received the BestPrax Benchmark Award 2012 for Leadership Governance in the Service category. HDFC
Life has been adjudged the winner by an eminent panel for ‘Scenario Planning’, ‘Assessment of Integrated Reality &
risk (AIRr)’ and ‘Vision & Values Communication- GOAL’.
Awarded at Indian Insurance Award 2012
Received the Best Product Innovation Award for its product - Sampoorn Samriddhi. This award seeks to honour a life
insurer that has launched an innovative product that has set the benchmark in terms of fulfilling an un -met customer
need in the domain.
Honoured at Bloomberg UTV Financial LeadershipAwards
HDFC Life was conferred with the 'Life Insurer of the Year' Award at the Bloomberg UTV Financial Leadership Awards
2012. Bloomberg UTV Financial Leadership Awards acknowledges extraordinary contribution of India’s financial
leaders and visionaries.
Selectedas a Celent Model Insurer2012- Global
HDFC Life has been selected, among the 23 Insurance Companies Worldwide, as a Model Insurer 2012, for the use
of Enterprise Wide Learning via the Internet by Celent USA. HDFC Life has also won the Celent Model Insurer Asia
2012 award.

14. Winnerat the 5th Loyalty Awards 2012
HDFC Life was declared as a winner for Customer & Brand Loyalty in 'Insurance Sector - Life'. These awards
recognize Customer loyalty efforts of Companies across various sectors. The Theme of this year's summit was
'Driving Loyalty through Customer Experience Management'
Honoured at Century International Quality ERA Award 2012
HDFC Life received an award in Gold Category at the Century International Quality ERA Award 2012. Century
International Quality ERA is based on Excellence in Leadership and Business Management, Quality and
Excellence,Business and Brandname Prestige, and Technology, Innovation and Expansion.
Winners at Starof the Industry Awards 2012
HDFC Life won the Silver award for Excellence in Life Insurance at the Stars of the Industry Awards 2012. The award
recognises individual and corporate excellence across the banking and financial services sector. These Awards were
decided by an eminent Jury comprising senior professionals.
Recipient of CFO 100 Roll of Honour 2012
HDFC Life received CFO 100 Roll of Honour 2012. The CFO 100 is an annual initiative to recognise India's finance
leader's extraordinary contributions to the corporate world. The CFO100 is an annual benchmark for rising stars
among India's CFOs.
2013

15. Received Give India Award 2013
HDFC Life’s CSR initiative Swabhimaan was awarded by Give India for its efforts during Joy of Giving. It received
prize for Best Campaign Material and Innovative Fundraising Campaign.
Honoured with Finnoviti 2013 award
HDFC Life won Finnoviti 2013 award for Quest2Green project. This award is our project done on the subject of Power
(carbon foot print), where we had used unconventional methods to save power.

16. Received a Silveraward at Express IT Awards 2013
HDFC Life was honoured with a Silver Award for IT Innovation (Large Enterprise) at the Express IT Awards 2013 for
our point of sale project Click2Buy.
Won an award at the 7th SAPACE Award
HDFC Life won the 7th edition of SAP ACE Award for Customer Excellence 2013 in the category of Best Run Award in
Budgeting, Planning & Consolidation. This award is in recognition of the business excellence that HDFC Life has
achieved through best implementation of SAP.
Honoured with Golden Peacock Award for HR Excellence
HDFC Life was honoured with the prestigious Golden Peacock HR Excellence award in private life insurance sector at
a specially organized 'Golden Peacock Awards Nite'. Golden Peacock Awards, instituted by the Institute of Directors,
India in 1991, are regarded as a benchmark of Corporate Excellence worldwide.

17. Received TISS-LeapVault CLO Award
HDFC Life received TISS-Leap Vault CLO Award in Program for Sales Enablement category. The awards and the
summit together represent India’s finest corporate learning & talent management professionals in organization and
leadership development.
Honoured at Asian Leadership Award 2013
HDFC life has been honoured with an award for Brand Excellence in Effective Communication at the Asian Leadership
Award 2013, Dubai. This event highlights, recognises and rewards a company’s ability to steer their businesses
applying the best of business modules.
Featured in the list of 'Top 25 Best Places to Work for 2013'
HDFC Life ranked 18th in the list of ‘Top 25 Best Places to Work for’ in a study conducted by Great Place To Work®
institute, India in partnership with Economic Times. HDFC Life has also been ranked No. 1 in Insurance industry and
3rd in Best Company in large organizations (more than 10,000 employees).
HDFC Life receives the 2013 CIO100 Award
HDFC life has been awarded the CIO100 Award at the 8th annual CIO100 awards. HDFC Life also received the
Information Mastermind Special Award.The annual award program recognized organizations for being imaginative
and innovative with their IT deployments in difficult economic conditions.
Winnerat the 10th National Award for Excellence in Cost Management

18. HDFC Life was recently adjudged as a winner in Private Service Sector (Large Organisations) category at the 10th
National Award for Excellence in Cost Management held in New Delhi.
Awarded at Asia’s Best Employer Brand Awards 2013
Amitabh Chaudhry, HDFC Life’s MD & CEO received CEO with Best HR Orientation award and Vibha Padalkar, HDFC
Life’s ED & CFO received Women at Work Leadership award at the Asia’s Best Employer Brand Awards 2013.
Honoured at SABRE India Awards 2013
HDFC Life was honoured with two awards at the SABRE India Awards 2013 - Winner : Gold SABRE Awards for
Excellence in Public Relations Programming under Financial & Professional Services category and Runners up: Gold
SABRE Awards for Excellence in Public Relations Programming under Financial Communications category.
Received 4 awards at the 4th CMO Asia Awards for Excellence in Branding and Marketing
At the 4th CMO Asia Awards for Excellence in Branding and Marketing, HDFC Life received 4 awards - Award for
Brand Excellence (Banking, Financial Services & Insurance Sector), Marketing Campaign of the Year for Director of
Happiness campaign, Award for Best Use of Social Media in Marketing and Marketing Professional of the Year.
Winnerat CIO 100 Award 2013
HDFC Life has been recognized by CIO magazine as a 2013 CIO 100 Award Winner for its innovative Point of Sale
tool – CLICK2BUY. The 26th annual international award program recognizes organizations around the world that
exemplify the highest level of operational and strategic excellence in information technology (IT).

19. Received Top 100 CISO Award 2013
HDFC Life received the prestigious Top 100 CISO Award 2013 for incorporating and implementing innovative
information security solutions to assist customers to confidently and securely transact with HDFC Life at various
touch points. The 'Top 100 CISO Awards' is envisioned by InfoSecurity Magazine partnering with iViZ Security.
Received D.L. Shah Quality Award 2013
HDFC Life received the D.L. Shah Quality Award for case study on "Re-Cycling Customer Payouts". The QCI-DL Shah
Quality Awards have been instituted with a view to promote awareness that performance improvement through
quality initiatives is an important element for gaining a competitive edge.
Honoured with Best CFO Award 2013
Vibha Padalkar, HDFC Life's ED & CFO was honoured with Best CFO Award at IMA India's the India CFO Awards 2013
for Excellence in Financial Control, Compliance and Corporate Governance.IMA India instituted The India CFO Awards
to recognise distinction in finance and honour those individuals who have demonstrated outstanding capabilities and
achievements.
Won a Gold in the 'Integrated Media Campaign of the Year by a Brand'
HDFC Life's Activation Campaign for its Smart Woman plan- “Models of Happiness” won a Gold in the “Integrated
Media Campaign of the Year by a Brand” category at WOW awards 2013. WOW Awards is an initiative of Event FAQS
and was conceptualized in 2008 as the industry benchmark for excellence in brand experience creation.

20. Recipient of Women Leadership Excellence Award 2013
HDFC Life's ED & CFO, Vibha Padalkar was honoured with 'Women Leadership Excellence Award' at the 2nd IPE
Banking Finnancial Sservices And Insurance (BFSI) Awards. The IPE BFSI Awards is organized to recognize the Best
performances in the Banking, Financial services and insurance sector.
Received 2 awards at the Indian PR and Corporate Communications Award 2013
HDFC Life received two awards at the Indian PR and Corporate Communications Award 2013 - Best Campaign in the
Financial Services Sector for 'driving financial freedom for Indian urban women.' and Best In House Team of the Year
for effectively 'driving financial freedom among Indian urban women.'
Honoured with ASTD Excellence in Practice 2012 citation
HDFC Life has been honoured with ASTD Excellence in Practice 2012 citation for 'Improving First Level Sales Manager
( FLS ) Productivity', in the Sales Enablement category. ASTD (American Society for Training & Development) is the
world’s largest professional association dedicated to the training and development field.
Recognizedas Celent Model Insurerof Asia for the Year 2013
HDFC Life has been recognized as the Celent Model Insurer of Asia for 2013, the highest honor among the 17
technology initiatives which are selected as Model Insurer Component in the Asia Pacific region. The company has
also received two Model Insurer Component awards namely Model Insurer Award in the area of Underwriting and the
other in Distribution/New Business.
HDFC Life Smart Woman Plan voted as 'Product of the Year 2013'
HDFC Life Smart Woman Plan has been voted as 'Product of the Year 2013' under Life Insurance Category. The
innovative features of HDFC Life Smart Woman Plan (first ULIP in India specially designed for women to take care of
her critical life stage needs - motherhood, diseases that women are prone to certain ages as cancer or loss of
spouse) helped us to win this prestigious award.

21. 2014
National GoldAward for Excellence in Cost Management organizedby Institute of Cost Accountants of India
HDFC Life, India’s leading long term private life insurance solutions provider, has been recognized for its excellence
in cost management at the 11th National Awards for Excellence in Cost Management organized by Institute of Cost
Accountants of India. This is the second consecutive year when the company has won the first prize under the
category of Private-Service Sector (Large) Companies. The criteria for selection was leadership in cost management
practices and performance of the company.

22. TDWI Best Practices Award 2014
HDFC Life was honoured with TDWI Best Practices Award 2014 under the category BI on a Limited Budget. TDWI's
Best Practices Awards program identifies and honours companies that have demonstrated excellence in developing,
deploying and maintaining BI and DW applications.
Featured in Top 50 Best Places to Work
HDFC Life ranked 32nd in the list of ‘Top 50 Best Places to Work for’ in a study conducted by Great Place To Work®
institute, India in partnership with Economic Times. HDFC Life has also been ranked No. 1 in Insurance industry and
3rd in Best Company in large organisations (more than 10,000 employees).

23. Recipient of InfosecMaestros Award
Ranked amongst Top 100 CISOs at the Infosec Maestros Awards 2014. ‘INFOSEC MAESTROS’ Awards is an initiative
to inspire the innovative, talented and hard working information security professionals across the verticals, across the
nation.
50 Most TalentedQuality Professionalsof India
Jitendra Agrawal, Sr. VP - Business Service Excellence was ranked amongst 50 Most Talented Quality Professionals of
India at World Quality Congress and Awards. These awards recognise individuals who demonstrate outstanding
commitment to championing the Quality principles and have an excellent track record of achievements in various
domains.
Innovative Leadership in Quality
Jitendra Agrawal, Sr. VP - Business Service Excellence received Innovative Leadership in Quality award at the World
Quality Congress and Awards, for demonstrating institutionalization of innovation in a systemic and structured way
through QuEST [Qst]- Innovation in Business Excellence at HDFC Life.

24. Indian Insurance Awards 2014
HDFC Life has emerged as winner in 3 categories of awards at the Indian Insurance Awards 2014 - Best Product
Innovation (Life Insurance), Best Technology Innovation (Life Insurance) and Most Socially Responsible Insurer
(Overall).
IAA Marketerof the Year - Insurance
Sanjay Tripathy, Sr. EVP – Marketing, Product & Direct Channels received the Marketer of the Year award –
Insurance sector at the 2nd Edition of the IAA Leadership Awards 2014. India Chapter of the IAA's Leadership
Awards celebrates leaders in the fields of marketing, advertising and media.
Best Business Process Excellence Program
HDFC Life was honoured with Best Business Process Excellence Program Award at the National Quality Excellence
Awards 2014. The award is given to the program managed in a coordinated manner to consistently deliver excellence
to support strategic goals
25 Most TalentedGlobal Training & Development Leaders
R Chandrasekhar, EVP - L&D, was recognised as one of the ‘25 Most Talented Global Training & Development
Leaders’ at the 22nd Edition of the World HRD Congress in February, 2014.

25. Women Leadership Achievement Award
Vibha Padalkar, ED & CFO, was honoured with Women Leadership Achievement award at the World Women
Leadership Council & Awards, 2014. The Award is conferred to the outstanding women professionals who
demonstrate excellent leadership and management skills in an organisation.

26. Most Admired Life Insurance Companies in Pvt Sector
HDFC Life was conferred 'Most Admired Life Insurance Companies in Private Sector' award at the Banking, Financial
services & Insurance Awards, 2014. The award focuses on best-of-the-best practices of BFSI industry.
Honoured with Youth Icon Award

27. Sanjay Tripathy, Senior EVP & Head - Marketing, Product & Direct Channels, was honoured with My FM Stars of the
Industry -Youth Icon Award at the My FM Stars of the Industry Awards, 2014 for Excellence in Finance, Banking,
Insurance and Financial Services.
Honoured with 7th Loyalty Award
HDFC Life won the Loyalty Award for Financials - Non Banking Financial Sector at the 7th Loyalty Awards and
Summit, 2014. The 7th Loyalty Awards were presented By AIMIA and conceived & managed by Kamikaze B2B Media.
2015
ICAI Award for Excellence in Financial Reporting 2013-14
HDFC Life was awarded the highly prestigious and professional award from The Institute of Chartered Accountants of
India (ICAI) for Excellence in Financial Reporting for the annual report of FY 2013-14. ICAI is recognised as a
premier accounting body not only in the country but also globally, for its contribution in the fields of education,
professional development, maintenance of high accounting, auditing and ethical standards.

28. Finnoviti 2015 Award for innovations in BFSI
HDFC Life's MYmix was awarded the prestigious Finnoviti 2015, an award that salutes the spirit of innovation.
Finnoviti 2015 Conference and Awards recognize and reward innovations in BFSI sector and honour the innovators.
MYmix was selected amongst more than 175 nominations across 85 organizations.
CNBC Asia’s India Business LeaderAward 2014
Mr. Amitabh Chaudhry, MD & CEO - received the award for Corporate Social Responsibility at the 10th edition of the
CNBC-TV18 India Business Leader Awards 2014 ceremony held in Mumbai. CNBC with the Asia Business Leader
Awards pioneered the business leadership awards to recognize leaders who create and sustain entrepreneurial
initiatives, develop best practices and carve out powerful businesses in the global economy.