ICICI Prudential Life Insurance Company Limited is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. It commenced operations in fiscal year 2001 and is one of the leading private life insurers in India. Incorporated on July 20, 2000, the company received the Certificate of Commencement of Business on October 16, 2000. It’s a joint venture between ICICI Bank (which holds a majority stake) and Prudential Corporation Holdings Limited. Operations started in FY2001, offering a range of life insurance, pensions, and health insurance products to individuals and groups. The company is consistently ranked among the top in the Indian life insurance sector based on retail weighted received premium. It offers diverse plans including term insurance, ULIPs, savings plans, retirement plans, and health plans. ICICI Prudential Life has a multi-channel network including individual agents, corporate agents, banks, brokers, and a proprietary sales force, with a significant pan-India presence. Key milestones include being the first private life insurer in India to cross ₹1 trillion in Assets Under Management (AUM) in FY2015 and the first insurance company in India to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in 2016. 2 The AUM reached over ₹3 trillion by March 31, 2025. For the year ended 2024, the company posted a profit of ₹850.66 crore on a total income of ₹90,307.29 crore. ICICI Prudential Life focuses on customer-centricity, offering cost-effective products, quality services, and a hassle-free claim settlement experience.