Aditya Birla Sun Life Insurance Company Limited (ABSLI) has opened its first all-women branch in Mulund, Mumbai, with a goal of empowering women through meaningful career opportunities. The branch is staffed by 50 women and plans to onboard additional employees in the coming months. The all-women branch offers a supportive environment for professional growth and work-life balance, with a dedicated play area for employees and advisors to work with their children present. The move is in line with Aditya Birla Capital’s commitment to diversity, equity, and inclusion, which is also reflected in their Diversity, Equity, and Inclusion initiatives across various businesses.
The company’s Managing Director and CEO, Kamlesh Rao, stated that the launch of the all-women branch is a reflection of their commitment to creating opportunities for women to build sustainable careers and achieve financial independence. The branch’s opening coincides with International Women’s Day and Aditya Birla Capital’s efforts to celebrate the power of allyship, empowerment, respect, and equal opportunity for women.
As a joint venture between Aditya Birla Group and Sun Life Financial Inc, Aditya Birla Sun Life Insurance Company Limited offers a range of products across the customer’s life cycle, including children’s future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans, and unit-linked insurance plans. As of December 2024, the company had a total asset under management of Rs. 97,286 crore and gross premium income of Rs. 13,605 crore, with a year-on-year growth of 10% in individual business premiums.