PNB MetLife India Insurance Company Limited has launched a new digital platform called 360 BIZ, designed to simplify group insurance and employee benefits administration for companies. The platform aims to elevate the employee experience by providing a seamless and digital experience for both employees and employers. 360 BIZ brings together a wide range of benefits, including Group Term Life, Voluntary Group Life, and Critical Illness cover for employees.

The platform offers several key features for employers, including real-time dashboards with total control, employee engagement tools, and wellness-driven workforce programs. Employers can manage group benefits, employees’ insurance coverage, and administrative tasks effortlessly with real-time dashboards. They can also drive employee engagement through rewards, polls, and surveys, and promote a healthier workforce with wellness-focused insurance and health support programs.

For employees, 360 BIZ provides digital benefits management, instant top-up coverage, personalized recommendations, convenient access to policies and coverage details, and flexible payment options. Employees can access insurance and employee benefits through a unified platform, and voluntary insurance top-ups are available instantly online. The platform also provides tailored product suggestions based on life events, such as child education and retirement planning.

PNB MetLife India Insurance Company Limited is one of the leading life insurance companies in India, combining the financial strength of MetLife, Inc. with the credibility of PNB, one of India’s oldest nationalized banks. The company has a strong presence in 177 branches and access to customers in over 20,000 locations through bank partnerships. It offers a comprehensive insurance solutions portfolio covering child education, family protection, long-term saving, and retirement.

The launch of 360 BIZ is part of PNB MetLife’s commitment to meaningful innovation that delivers tangible benefits. The platform is designed to empower employees while enabling organizations to manage benefits with greater speed, accuracy, and insight. By using technology to enhance the human experience, 360 BIZ bridges the gap between corporate offerings and individual needs, enabling informed choices, deeper engagement, and stronger financial preparedness.

Two significant developments have been announced in the fields of insurance and technology. Firstly, PNB MetLife has launched a new digital platform called ‘360 BIZ’ aimed at simplifying group insurance and employee benefits administration for companies. This platform seeks to provide a seamless and transparent experience for both employers and employees through an integrated digital interface. The introduction of ‘360 BIZ’ is expected to enhance the overall employee experience by making it easier for companies to manage group insurance policies.

The ‘360 BIZ’ platform is designed to streamline the administration of group insurance and employee benefits, making it more efficient and convenient for companies to manage their policies. This digital platform is likely to benefit both employers and employees by providing a user-friendly interface for managing insurance policies, accessing benefits, and tracking claims. By simplifying the process, ‘360 BIZ’ aims to reduce the administrative burden on companies, allowing them to focus on other aspects of their business.

In another development, OpenAI has introduced a 12-month free access plan for ChatGPT Go in India. The rollout of this plan has generated significant interest among users, with many attempting to activate the offer using their UPI credentials. However, some users have reported difficulties in activating the plan, highlighting the need for a smoother activation process.

The introduction of ChatGPT Go’s free access plan in India is expected to increase adoption and usage of the platform, allowing more users to experience the benefits of AI-powered chat technology. The 12-month free access plan is a significant move by OpenAI, as it seeks to expand its user base in India and provide users with a taste of the platform’s capabilities. Despite the initial teething issues with activation, the rollout is likely to be well-received by users in India, who are increasingly looking for innovative and cutting-edge technologies to enhance their digital experiences.

Overall, these developments highlight the growing importance of digital platforms in simplifying complex processes and enhancing user experiences. Whether it’s insurance administration or AI-powered chat technology, companies are increasingly looking to leverage digital solutions to improve efficiency, convenience, and customer satisfaction. As these platforms continue to evolve and improve, we can expect to see even more innovative solutions emerge in the future.

Two significant developments have taken place in the Indian market. Firstly, PNB MetLife has launched a new digital platform called ‘360 BIZ’ aimed at simplifying group insurance and employee benefits administration for companies. This platform seeks to provide a seamless and transparent experience for both employers and employees by integrating all aspects of group insurance into a single digital interface. The introduction of ‘360 BIZ’ is expected to enhance the overall employee experience by making it easier for them to access and manage their benefits.

The platform is designed to make managing group insurance easier and more efficient for companies, allowing them to streamline their processes and reduce administrative burdens. By providing a centralized digital interface, ‘360 BIZ’ enables employers to easily manage employee benefits, track claims, and access policy details. This, in turn, is expected to lead to increased employee satisfaction and engagement, as they will have easier access to their benefits and be able to manage them more effectively.

In another development, OpenAI has introduced a 12-month free access plan for ChatGPT Go in India. The plan, which was launched on Wednesday, has generated significant interest among users. However, some users have reported difficulties in activating the offer using their UPI credentials. Despite these technical issues, the rollout of ChatGPT Go’s free access plan is expected to be a major boon for Indian users, providing them with access to advanced AI-powered chatbot technology.

The introduction of ChatGPT Go’s free access plan in India is a significant move, as it will allow users to experience the capabilities of AI-powered chatbots without incurring any costs. This is expected to drive adoption and increase awareness of the potential benefits of AI-powered technology in the country. As the platform continues to evolve and improve, it is likely to have a major impact on the way people interact with technology and access information.

Overall, both developments are expected to have a significant impact on the Indian market. The launch of ‘360 BIZ’ by PNB MetLife is expected to revolutionize the way companies manage group insurance and employee benefits, while the introduction of ChatGPT Go’s free access plan is expected to drive adoption of AI-powered technology in the country. As these platforms continue to evolve and improve, they are likely to have a major impact on the way businesses and individuals operate in India.

PNB MetLife India, a leading life insurance company, has launched a revolutionary digital platform called 360 BIZ, designed to transform the way businesses manage group insurance and employee benefits. The platform aims to simplify processes, enhance the employee experience, and provide comprehensive coverage and flexible benefits all in one place.

With 360 BIZ, businesses can access a range of features, including group term life, critical illness coverage, and voluntary life insurance benefits that cater to the needs of both employers and employees. The platform is designed to provide a seamless and integrated experience, allowing companies to efficiently manage their benefits administration.

According to Sameer Bansal, Managing Director and CEO of PNB MetLife, 360 BIZ is a testament to the company’s commitment to innovation and customer satisfaction. The platform provides real-time dashboards, enabling organizations to efficiently administer benefits and make data-driven decisions. Employees, on the other hand, gain access to a range of tools and resources, including robust engagement platforms, health programs, and personalized insurance options.

The goal of 360 BIZ is to promote financial preparedness and well-being among employees, while also empowering organizations to manage their benefits programs more effectively. By providing a comprehensive and integrated platform, PNB MetLife aims to set a new standard for group insurance and employee benefits management in India.

The launch of 360 BIZ is a significant development in the life insurance sector, and is expected to have a positive impact on the way businesses manage their employee benefits programs. With its innovative features and user-friendly interface, the platform is poised to revolutionize the industry and provide a new level of convenience and flexibility for both employers and employees. Overall, 360 BIZ is a powerful tool that can help businesses to streamline their benefits administration, enhance the employee experience, and promote financial well-being among their workforce.

PNB MetLife India Insurance Company Limited has launched a digital platform called 360 BIZ, designed to simplify group insurance and employee benefits administration for companies of all sizes. The platform provides a seamless digital experience, bringing together comprehensive insurance coverage and flexible employee benefits. It offers a range of benefits, including Group Term Life, Voluntary Group Life, and Critical Illness cover for employees.

The platform has several key features for employers, including real-time dashboards with total control, employee engagement tools, and wellness-driven workforce programs. Employers can manage group benefits, employees’ insurance coverage, and administrative tasks effortlessly with real-time dashboards. They can also drive employee engagement through rewards, polls, and surveys, and promote a healthier, more resilient workforce with wellness-focused insurance and health support programs.

For employees, the platform provides digital benefits management, instant top-up coverage, personalized recommendations, convenient access to policies and coverage details, and flexible payment options. Employees can access insurance and employee benefits through a unified platform, top up their coverage instantly online, and receive tailored product suggestions based on life events such as child’s education or retirement planning.

PNB MetLife’s MD & CEO, Sameer Bansal, stated that the platform is designed to empower employees while enabling organizations to manage benefits with greater speed, accuracy, and insight. The company believes in meaningful innovation that delivers tangible benefits and aims to bridge the gap between corporate offerings and individual needs.

PNB MetLife is one of the leading life insurance companies in India, combining the financial strength of MetLife, Inc. with the credibility of PNB, one of India’s oldest nationalized banks. The company has a strong presence in 177 branches and offers a comprehensive insurance solutions portfolio covering child education, family protection, long-term saving, and retirement. With the launch of 360 BIZ, PNB MetLife aims to elevate the employee experience and provide a more seamless and efficient way for companies to manage their group insurance and employee benefits.

PNB MetLife India Insurance Company Limited has launched a digital platform called 360 BIZ, designed to simplify group insurance and employee benefits administration for companies. The platform aims to provide a seamless digital experience for both employees and employers, bringing together comprehensive insurance coverage and flexible employee benefits.

The platform offers a range of benefits, including Group Term Life, Voluntary Group Life, and Critical Illness cover for employees. According to Sameer Bansal, MD & CEO of PNB MetLife, 360 BIZ is designed to empower employees while enabling organizations to manage benefits with greater speed, accuracy, and insight. The platform uses technology to enhance the human experience, bridging the gap between corporate offerings and individual needs.

For employers, the key features of 360 BIZ include real-time dashboards with total control, allowing them to manage group benefits, employees’ insurance coverage, and administrative tasks effortlessly. The platform also offers employee engagement tools, such as rewards, polls, and surveys, to drive employee engagement. Additionally, 360 BIZ promotes a healthier, more resilient workforce with wellness-focused insurance and health support programs.

For employees, the platform offers digital benefits management, providing seamless access to insurance and employee benefits through a unified platform. Employees can also access instant top-up coverage, voluntary insurance top-ups available instantly online. The platform provides personalized recommendations, tailored product suggestions based on life events, such as child’s education or retirement planning. Employees can also access all policies and coverage details digitally, allowing for easy tracking and updates. Furthermore, the platform offers flexible payment options, enabling premium payment through salary adjustment or online payment options.

Overall, 360 BIZ is designed to elevate the employee experience while simplifying group insurance and employee benefits administration for companies. The platform’s innovative features and user-friendly interface make it an attractive solution for businesses of all sizes. By providing a comprehensive and flexible digital platform, PNB MetLife aims to deliver tangible benefits to both employees and employers, promoting informed choices, deeper engagement, and stronger financial preparedness.

PNB MetLife India Insurance Company Limited is observing the Onam festival in Kerala with a variety of activities that bring together communities, customers, and partners. The company has partnered with BIG FM to launch the “BIG Maveli” initiative, which will take place from August 26 to September 5, 2025. This initiative aims to reach over one million people and engage more than 500 valued partners across seven key branches in Kerala.

The BIG Maveli initiative combines traditional Onam customs with entertainment and cultural activities to spread joy and strengthen community connections. A specially branded Onam Van will travel throughout Kerala, engaging audiences with contests, games, and wish-box collections. The van will also give families the opportunity to meet Maveli and participate in interactive games hosted by BIG FM radio jockeys.

According to Sourabh Lohtia, Chief Marketing and Communications Officer at PNB MetLife, the company’s Onam celebrations are designed to connect with customers and communities in Kerala in a meaningful way. The festivities, which include activities in the company’s branches and cultural experiences with BIG Maveli, aim to bring people together, spread happiness, and strengthen bonds with valued customers.

Through these initiatives, PNB MetLife is reaffirming its commitment to Kerala, celebrating the state’s traditions while engaging customers in memorable and meaningful ways. The company’s efforts are focused on promoting unity, prosperity, and joy, which are the core values of the Onam festival. By doing so, PNB MetLife is strengthening its connection with the community and reinforcing its position as a responsible and caring corporate citizen.

Overall, PNB MetLife’s Onam celebrations are a testament to the company’s dedication to its customers and the community. By embracing the spirit of Onam and promoting cultural exchange, the company is creating a positive impact on the lives of people in Kerala and beyond. With its vibrant activities and engaging initiatives, PNB MetLife is spreading joy and happiness, while also reinforcing its commitment to the state and its people.

Manoj is a seasoned professional with a remarkable career journey, marked by his association with several prominent organizations. One of the notable milestones in his career was his stint at IBM, where he started as a Subject Matter Expert. This role not only showcased his expertise but also laid the foundation for his future endeavors.

In addition to IBM, Manoj has had the opportunity to work with other esteemed companies, including Wipro Infotech Ltd. His five-year tenure at Wipro Infotech Ltd was particularly significant, as it played a pivotal role in shaping his career development. During this period, he worked as a Technical Specialist, where he could leverage his technical skills to drive growth and innovation.

However, it was his role at EXL Services that truly showcased his capabilities as a leader in the field of cybersecurity. As a Senior Manager – Information Security, Manoj spent five years spearheading various aspects of IT security, including cybersecurity, information security assessment, cloud security, and vulnerability assessment. His expertise in implementing and managing Information Security Management Systems (ISMS) was particularly notable, demonstrating his ability to develop and execute comprehensive security strategies.

Throughout his career, Manoj has consistently demonstrated his ability to adapt and evolve, taking on new challenges and responsibilities with ease. His experience in working with diverse organizations has not only broadened his perspective but also equipped him with a unique understanding of the cybersecurity landscape. As a result, he has developed a distinctive ability to identify and mitigate potential threats, making him a valuable asset to any organization.

Manoj’s professional journey is a testament to his dedication, expertise, and passion for cybersecurity. With a career spanning several years, he has established himself as a trusted leader and expert in his field. His contributions to the organizations he has worked with have been significant, and his impact on the cybersecurity landscape continues to be felt. As he continues to grow and evolve in his career, it will be exciting to see the new challenges he takes on and the innovative solutions he develops to address the ever-changing cybersecurity landscape.

If you’re looking to advertise your company and connect with your customers, there are various ways to collaborate with us. Our team is skilled in designing and creating effective advertising campaigns, both in print and digital formats, which can be featured on our website and in our print magazine. This allows you to reach a wide audience and increase your brand’s visibility.

In addition to advertising campaigns, we can also help organize events that cater to your specific needs. These events can be held in person or digitally, depending on your preferences. Our team can assist in finding renowned thought leaders and industry experts to participate in these events, potentially leading to new partnerships and business opportunities. By hosting or participating in these events, you can establish your company as a key player in your industry and foster meaningful connections with other professionals.

Another way to gain recognition for your achievements is through our awards programs. These programs provide a platform for your company to be acknowledged for its accomplishments throughout the year. You can participate in these awards as a nominee or sponsor, which can help enhance your reputation and credibility in the industry.

By partnering with us, you can drive your business forward and achieve your goals. Our team is dedicated to helping you succeed and is committed to providing the necessary support and expertise to make your advertising and event endeavors a success. Whether you’re looking to increase brand awareness, generate leads, or build partnerships, we can help you create a customized plan that meets your unique needs and objectives. With our help, you can take your business to the next level and achieve long-term success.

PNB MetLife has launched a new Value Fund, offering investors an opportunity to build long-term wealth through value investing. This approach focuses on identifying fundamentally strong companies that are available at attractive prices due to market neglect or cyclical downturns. The fund aims to deliver long-term capital growth by investing in undervalued companies with solid fundamentals.

The PNB MetLife Value Fund offers several benefits, including long-term wealth creation, active fund management, and outperformance potential. The fund’s strategy is driven by a team with a proven track record, with 99% of PNB MetLife’s equity funds receiving 4 or 5-star Morningstar ratings. The fund also benefits from exposure to currently undervalued sectors such as energy, financials, commodities, and power.

The launch of the fund is timely, given the current market environment with softening interest rates and an improving earnings outlook. The fund is ideal for investors who understand the concept of value investing, have patience, and are comfortable taking risks for potential high returns. The fund is available with PNB MetLife Unit Linked Insurance Plans (ULIPs), offering a seamless experience across both online and offline distribution channels.

Investors can consider the Value Fund if they have a high-risk tolerance and long-term investment goals. The fund aims to generate long-term capital appreciation by actively investing in companies that are attractively valued. However, it’s essential to note that the investment risk in the investment portfolio is borne by the policyholder, and the unit-linked insurance products do not offer any liquidity during the first five years of the contract.

The PNB MetLife Value Fund is available with various ULIP plans, including PNB MetLife Smart Goal Ensuring Multiplier, PNB MetLife Goal Ensuring Multiplier, and PNB MetLife Smart Platinum Plus, among others. Investors can access the fund through the PNB MetLife official website or offline distribution channels. With its research-backed and actively managed approach, the PNB MetLife Value Fund offers investors an opportunity to capitalize on market inefficiencies and build long-term wealth.

PNB MetLife India Insurance has made a significant change in its marketing strategy by consolidating its integrated creative agency account with Cheil X India. This decision comes after a competitive pitch process that involved multiple agencies, including incumbent ones. The move aims to unify the company’s brand narrative in the highly competitive insurance market.

Prior to this, PNB MetLife had multiple agencies handling its creative mandate. However, with the consolidation, Cheil X India will now be responsible for managing the account. The agency, which operates as an independent full-service agency under the Cheil India SWA group, has recently announced the appointment of Jitender Dabas as its CEO.

The creative consolidation comes at a time when PNB MetLife is experiencing robust financial growth. The company’s net profit surged 152.12% to ₹119.68 crore in the quarter ending June 2025, compared to ₹47.47 crore in the corresponding period last year. Additionally, sales rose 9.58% to ₹2,111.39 crore, up from ₹1,926.85 crore in the year-ago quarter.

Earlier this year, the insurer announced a record bonus declaration of ₹1,041.45 crore for FY 2024-25, a 12% increase from the previous year’s ₹930 crore. This declaration is set to benefit over 5.68 lakh eligible participating policyholders, highlighting the company’s focus on customer value creation.

By consolidating its creative mandate with Cheil X India, PNB MetLife appears to be aligning its strong financial trajectory with an equally ambitious marketing approach. This move signals a sharper, more unified brand narrative in the insurance market. The company’s decision to partner with Cheil X India is expected to enhance its marketing efforts and further strengthen its position in the industry.

The partnership with Cheil X India is a strategic move by PNB MetLife to leverage the agency’s expertise in creating innovative and effective marketing campaigns. With Cheil X India on board, PNB MetLife can expect to see a significant improvement in its brand visibility and customer engagement. The company’s goal is to create a unified brand narrative that resonates with its target audience and sets it apart from its competitors in the insurance market.

PNB MetLife India Insurance has announced a significant bonus for the 2024-25 financial year, amounting to ₹1,041.45 crore. This declaration represents a 12% increase from the previous financial year’s bonus of ₹930 crore. As a result, over 5.68 lakh eligible participating policyholders will benefit from this bonus payout.

According to Sameer Bansal, Managing Director and CEO of PNB MetLife, this bonus is the highest ever declared by the company. Bansal attributes this achievement to the company’s “disciplined investment approach, robust risk management, and effective asset allocation.” This statement highlights the company’s commitment to prudent financial management and strategic decision-making.

It is worth noting that PNB MetLife has consistently declared bonuses for 22 consecutive years, demonstrating its stability and reliability as a life insurer. This track record of consistent bonus payments underscores the company’s ability to generate profits and reward its policyholders.

The bonus declaration of ₹1,041.45 crore for 2024-25 is a notable increase from the previous year, reflecting the company’s strong financial performance. This development is likely to be welcomed by policyholders, who will receive a larger payout as a result of the company’s successful investment strategies and risk management practices.

The announcement was made on June 17, 2025, and is a testament to PNB MetLife’s commitment to its policyholders. The company’s ability to declare bonuses for 22 consecutive years is a significant achievement, demonstrating its long-term focus and dedication to delivering value to its customers. Overall, the bonus declaration is a positive development for PNB MetLife policyholders, who can expect to benefit from the company’s continued financial success.

A recent survey conducted by PNB MetLife, a leading life insurer in India, has revealed that nearly two-thirds of Indian fathers consider themselves as “Hero Dads”, who prioritize their family’s financial security. The survey, which engaged over 6,000 fathers across the country, classified them into three distinct personas: “Hero Dads” (62%), “Thoughtful Dads” (29%), and “Disciplined Dads” (9%). The “Hero Dads” are guardians of their family’s financial security, while “Thoughtful Dads” are strategic planners who take a cautious approach to managing their family’s finances. The “Disciplined Dads” are consistent savers who prioritize routine and control in their financial decisions.

The survey found that children’s education remains the top financial priority for Indian fathers, with 51% placing it above all else. However, there is a growing focus on long-term security and experience-led living, with 14% prioritizing planning for a comfortable retirement and another 14% aspiring to take their families on a grand vacation. Indian fathers are also adopting a long-term mindset when it comes to financial planning, with 53% willing to invest for a period of 10 to 15 years.

The survey highlights a growing maturity in India’s savings culture, with a strong inclination towards low-risk, stable financial instruments such as fixed deposits, life insurance, and mutual funds. The findings suggest that Indian fathers are committed to building a secure and meaningful future for their families, and are increasingly financially aware and responsible. According to Sourabh Lohtia, Chief Marketing and Communications Officer, PNB MetLife, “Today’s Indian father is not just a provider; he is a protector, planner, and nurturer — someone who is not only emotionally present but also increasingly financially aware.”

The survey’s findings are significant, as they reflect a shift in the role of fathers in Indian society. Traditionally, fathers have been seen as providers, but now they are taking on a more holistic role, prioritizing their family’s financial security and well-being. The survey’s results will help PNB MetLife to develop protection and savings plans that reflect the evolving aspirations and responsibilities of Indian fathers. Overall, the survey provides valuable insights into the financial mindset of modern Indian dads and their priorities, highlighting a growing emphasis on long-term security, experience-led living, and financial responsibility.

PNB MetLife India Insurance Company has introduced the PNB MetLife Value Fund, an actively managed equity fund available under its Unit-Linked Insurance Plans (ULIPs). The fund opened for subscription on July 15, 2025, and will remain open until July 28, 2025, with an initial Net Asset Value (NAV) of ₹10. After the subscription window closes, investors can purchase units at market-linked NAVs.

The PNB MetLife Value Fund follows a value investing strategy, aiming to help customers build long-term wealth while providing life cover. The fund will invest across various sectors, including energy, financial services, commodities, utilities, automobiles, construction materials, and chemicals. This diversified investment approach is designed to minimize risk and maximize returns.

The new fund is available under several of PNB MetLife’s existing ULIP offerings, such as Smart Goal Ensuring Multiplier, Goal Ensuring Multiplier, Smart Platinum Plus, Term with Unit Linked Insurance Plan, and Mera Wealth Plan. According to Sanjay Kumar, Chief Investment Officer at PNB MetLife, the Value Fund will enable investors to tap into businesses with enduring value and pursue steady long-term returns. The fund is backed by strong research and disciplined risk management, ensuring that investments are made with caution and careful consideration.

PNB MetLife is a joint venture between MetLife, Inc. and Punjab National Bank, serving customers through 155 branches and over 36,000 financial advisors across India. The insurer offers a range of products, including child education, family protection, long-term savings, and retirement plans. The introduction of the PNB MetLife Value Fund is expected to provide investors with a new opportunity to build wealth and achieve their financial goals. With its value investing strategy and diversified investment approach, the fund is likely to appeal to investors seeking long-term growth and stability.

PNB MetLife India Insurance Company Limited has announced a high individual claim settlement ratio of 99.57% for the financial year 2025. This demonstrates the company’s commitment to supporting its policyholders and their families. The group claim settlement ratio also improved to 99.72% from 99.53% in the previous year. In FY2025, the company processed 5,615 retail claims amounting to INR 431.35 crore and 8,419 group claims totaling INR 510.77 crore.

The company’s claims settlement process is efficient, with 99.99% of claims settled within 30 days of receiving all required documents. Additionally, 95% of claims were settled within a week, and 33% were settled within a single day. According to Mahendra Munot, Chief Operations Officer of PNB MetLife, the company takes great pride in supporting its customers when they need it most. The high claim settlement ratio reflects the company’s commitment to delivering a faster, more seamless, and empathetic experience.

The claim settlement performance is consistent across all age groups and product categories. Customers under 25 years of age benefited from a 100% claim settlement ratio, while all other age brackets maintained ratios above 99%. The settlement ratios for different products, including Non-Par, Par, Protection, and ULIP, also remained above 99%. Retirement and annuity products achieved a perfect 100% settlement ratio.

PNB MetLife is one of the leading life insurance companies in India, combining the financial strength of MetLife, Inc. with the credibility of PNB, one of India’s oldest nationalized banks. The company offers a comprehensive insurance solutions portfolio covering child education, family protection, long-term saving, and retirement. With a strong presence in 155 branches and access to customers in over 20,000 locations through bank partnerships, PNB MetLife has a wide range of protection and retirement products available through its sales channel.

The company’s positioning, “Milkar Life Aage Badhaein,” demonstrates its customer-centric innovations and employee empowerment practices. PNB MetLife caters to over 585 group relationships in India and has a wide range of insurance products available through its sales channel of over 36,000 financial advisors and multiple bank partners. The company’s commitment to supporting its policyholders and their families is evident in its high claim settlement ratio and efficient claims settlement process.

Jammu and Kashmir (J&K) Bank has provided financial relief to the families of its deceased borrowers by settling their MetLoan & Life Suraksha (MLLS) insurance claims. The bank has disbursed claims amounting to Rs 39 lakh to ten families across various branches in its Delhi Zone. This move has eased the financial distress of these families during difficult times.

A ceremony was held to symbolically disburse the claims, where the bank’s General Manager and Divisional Head, Rajesh Gupta, and Associate Director and Head of PNB MetLife, Irfan Ali Zargar, jointly displayed a cheque representing the disbursed amount. The event was attended by senior officials from both J&K Bank and PNB MetLife, as well as branch heads and managers from the Delhi branches.

The beneficiaries expressed their gratitude to the bank and PNB MetLife for their prompt assistance, stating that the support has lifted a huge financial burden from their shoulders. They appreciated the bank for insuring the loans and ensuring the timely settlement of claims.

Rajesh Gupta emphasized the importance of insuring loans for financial security, stating that it is the bank’s responsibility to encourage customers to secure their borrowings under MLLS. This, he said, ensures that families are not left with financial liabilities in unforeseen circumstances.

The bank’s AGM, Dorjey Angchuk, highlighted the benefits of MLLS, stating that it provides financial stability to borrowers’ families with a single premium option available with bank funding. Irfan Ali Zargar reaffirmed J&K Bank’s commitment to customer welfare, emphasizing the crucial role of loan insurance in providing financial protection to families during difficult times.

The swift settlement of MLLS insurance claims demonstrates J&K Bank’s efforts to provide financial relief to its customers and their families. The bank’s partnership with PNB MetLife has enabled it to offer this support, which has made a significant difference in the lives of the bereaved families. The bank’s commitment to customer welfare and financial security is evident in its efforts to encourage customers to insure their loans, providing them with a sense of financial stability and security.

According to Sanjay Kumar, Chief Investment Officer at PNB MetLife, the Reserve Bank of India (RBI) may consider cutting policy rates again in August, but the threshold for doing so is quite high. This is due to the current inflation data, along with the outlook for good monsoon rainfall and benign global commodity prices, which may lead to inflation undershooting the RBI’s projection of 3.7% for FY26. Kumar believes that the auto sector is gearing up for a robust second half in FY26, driven by a boost in disposable incomes across both rural and urban India.

Kumar expects the June quarter earnings (Q1FY26) to be significantly better than those in the March quarter, driven by a favorable base, strengthening domestic macro-economic outlook, supportive monetary policy stance, and benign inflation. The monsoon is progressing well, which should support the rural economy, while improvement in urban demand is expected to be driven by the positive effect of income tax benefits announced in the Union Budget.

The auto sector is expected to see a strong recovery in volumes during the second half of FY26, with double-digit growth possible. This is due to the boost in disposable incomes, particularly in rural areas where the above-average monsoon is likely to help farmers with better crop yields and lower irrigation costs. Urban consumers are also expected to loosen their purse strings, thanks to recent income tax cuts.

Kumar prefers betting on the discretionary space over the staples sector, considering the potential for stronger earnings performance. The consumption sector has been severely impacted in the last two years due to high inflation and slowing economic growth, but discretionary categories such as apparel, QSR, and footwear are expected to be bigger beneficiaries of the revival in consumption demand.

The ongoing decline in inflation has led to expectations of an interest rate cut in the RBI’s August policy meeting. However, the timing of these measures may depend on the RBI gaining confidence on the sustainability of the lower inflation trajectory. Kumar maintains a strong bullish view on hotels, travel, and quick commerce (Q-commerce) names from a medium-term perspective, driven by a confluence of transformative macro and microeconomic tailwinds.

Overall, Kumar believes that the Indian economy is poised for a strong recovery, driven by a combination of factors such as favorable monsoon, improving farm incomes, and a rise in disposable incomes. The equity markets are expected to be driven by a supportive monetary and fiscal policy stance, improving earnings growth trajectory, and sustained domestic flows. Stability in the global financial markets and a favorable outcome of the India-US trade negotiations would further aid the ongoing market buoyancy.

A call center operating in Sector 11, Noida, has been busted by the police for running a large-scale insurance fraud scheme. Four individuals, including a woman, were arrested in connection with the scam, which targeted victims across Maharashtra, Gujarat, and Tamil Nadu. The accused, who were running the operation for two months, would impersonate insurance company representatives and ombudsman officials to deceive policyholders into transferring funds.

The victims, who were misled into believing they were renewing their insurance policies at discounted rates, reportedly lost between Rs 10-12 lakh each. The police have identified linked bank accounts and are investigating additional complaints. The accused have been booked under various sections of the Bharatiya Nyaya Sanhita (BNS) at Sector 24 police station.

According to the police, the accused used stolen data to access PNB MetLife insurance details and would lure victims with fake policy renewals. If the victims resisted, they would be threatened with financial recovery actions. The fraud came to light when policyholders contacted PNB MetLife to verify renewals and found no such transactions.

The police have advised citizens to verify caller credentials before transferring money to avoid falling prey to such scams. The accused, who have experience in the insurance sector and banks, leveraged their knowledge to access personal data and convincingly manipulate policyholders. They operated from temporary locations to avoid detection.

The police have recovered phones, laptops, and important documents from the accused, which will be used as evidence in the investigation. The Deputy Commissioner of Police, Yamuna Prasad, warned citizens to be cautious and verify the authenticity of calls before transferring money. The police are also investigating whether there are more people involved in the scam and are working to prevent such incidents in the future.

Jammu and Kashmir Bank has demonstrated its commitment to customer welfare by facilitating the swift settlement of MetLoan & Life Suraksha (MLLS) insurance claims for the bereaved families of its deceased borrowers in the Baramulla Zone. A total amount of Rs 2.09 Crores has been disbursed to 57 families, bringing much-needed financial relief during difficult times. The settlement was made possible through the bank’s partnership with PNB MetLife, and a symbolic cheque representing the total amount was displayed during a brief ceremony in Baramulla.

The ceremony was attended by senior officials from the bank and PNB MetLife, including Zonal Head Imtiyaz Ahmad Bhat and Associate Director Irfan Ali Zargar. The legal heirs and nominees of the deceased borrowers expressed their heartfelt gratitude for the timely support, stating that the bank’s efforts to get the loans insured and ensure prompt settlement of claims have been crucial in reducing financial stress during a difficult time.

Imtiyaz Ahmad Bhat highlighted the importance of loan insurance in mitigating the financial impact of unforeseen events, stating that the MLLS scheme provides financial security for borrowers and their families. He emphasized that the bank believes in supporting its customers through every phase of life and that the scheme ensures critical relief to customers and their families during their toughest moments.

Irfan Ali Zargar also reiterated the importance of loan insurance, stating that while emotional loss cannot be replaced, financial stability can be provided to families facing unforeseen circumstances. The settlement represents the joint commitment of the bank and PNB MetLife to fulfilling their promises and providing timely assistance to valued customers. The bank’s efforts to facilitate the swift settlement of insurance claims demonstrate its commitment to customer welfare and its dedication to providing financial support to those in need.

PNB MetLife India Insurance Company Limited has launched the “Samriddhi Skill Center” (SSC) in Jind district, Haryana, in collaboration with its NGO partner, Foundation of Development Initiative (FDI). This initiative is part of PNB MetLife’s Samriddhi CSR project, which aims to prevent stubble burning and create sustainable economic opportunities for rural communities. The project has been successful since its launch in October 2024, with 80 awareness sessions conducted with farmers in 20 villages, resulting in the prevention of stubble burning across 22,979 acres of farmland and the adoption of sustainable farming methods by over 3,800 farmers.

The Samriddhi Skill Center is a first-of-its-kind initiative that provides skills development training to women, enabling them to contribute to their family incomes by converting paddy residue (Parali) into marketable products. These products include coasters, lamps, pen stands, chick blinds, tissue paper holders, and decorative lights. The initiative addresses the severe air pollution caused by stubble burning and empowers local communities with alternative income sources.

According to Sourabh Lohtia, Chief Marketing and Communications Officer at PNB MetLife, the Samriddhi project is a vital initiative that blends environmental preservation with rural economic empowerment. The company believes that many farmers lack access to viable alternatives to stubble burning, and this initiative provides a solution to this problem. The project also fosters collaboration with communities, reinforcing the company’s belief in “Milkar Life Aage Badhaein,” which translates to “moving life forward together.”

The launch of the Samriddhi Skill Center is a significant step towards creating a positive impact on the environment and the lives of rural communities. By providing skills development training and promoting sustainable farming practices, PNB MetLife aims to make a lasting difference in the region. The company hopes that the success of this initiative will inspire broader adoption of such practices beyond Haryana, contributing to a cleaner and more sustainable environment for future generations. Overall, the Samriddhi project is a testament to PNB MetLife’s commitment to corporate social responsibility and its efforts to create a positive impact on the environment and society.

The Jammu and Kashmir (J&K) Bank has facilitated the swift settlement of insurance claims for five families of deceased borrowers in its Mumbai zone, providing relief from financial burdens. The claims worth Rs 80 lakhs were paid under the bank’s MetLoan & Life Suraksha (MLLS) product, which provides life insurance coverage to borrowers. The settlement was enabled through the bank’s partnership with PNB MetLife.

The event was attended by senior officials of the bank and PNB MetLife, including the General Manager, Divisional Head, and Associate Director. The claimants expressed their gratitude for the quick redressal, appreciating the bank and PNB MetLife for their timely support. They praised the swift settlement, which relieved them of a significant financial burden.

The bank’s officials emphasized the importance of insuring loans to secure the financial future of families. They highlighted the benefits of products like MLLS, which can reduce the financial burden on borrowers and their families during challenging times. PNB MetLife’s Associate Director and Head also urged customers to consider loan insurance for their peace of mind, saying it can provide much-needed financial support to bereaved families.

This initiative demonstrates the bank’s commitment to providing customer-centric products and services, ensuring the well-being of its customers and their families. The settlement of claims under MLLS has brought relief to the affected families, and this initiative will continue to support them during difficult times.

PNB MetLife India Insurance Company Limited has launched a new campaign, “Aapka aage ka plan kya hai?” (What’s your plan next?), to encourage individuals to take charge of their retirement planning with confidence. The campaign, which is being promoted across TV, print, outdoor, digital, Meta, YouTube, and radio, is designed to inspire people to reflect on their aspirations and take proactive steps to secure their golden years.

The campaign’s central figure is the Grand Assured Income Plan (GAIN), an insurance solution that provides customers with a guaranteed annuity rate for a lifetime, ensuring financial security and peace of mind during retirement. The campaign’s core message is that retirement should be a time of fulfillment and not financial worry, and that it’s never too early to start planning for the future.

The campaign features a digital film that showcases a conversation between two friends, who, after a jog, sit on a park bench and talk about their retirement dreams. One friend describes a vivid picture of his retirement plans, including owning an apple orchard in Himachal Pradesh and starting a homemade jam business. The film also features PNB MetLife’s brand ambassador, cricketer Smriti Mandhana, who emphasizes the importance of securing one’s future through the company’s GAIN product.

The campaign also includes an interactive 3D immersive experience through a QR code on print, TV, OTT, and digital ads, which allows users to unlock a visual storytelling journey that reinforces the importance of financial planning. Overall, the campaign aims to nudge Indians to take their retirement planning as seriously as they do their careers.

The simplicity and relatability of the campaign’s message, combined with its digital-first execution, make it a strong contender for resonating with India’s diverse economic and cultural landscape. By encouraging people to reflect on their aspirations and take control of their financial futures, the campaign is encouraging individuals to prioritize retirement planning and financial security.

India Post Payments Bank (IPPB) and PNB MetLife India Insurance Company Limited (PNB MetLife) have entered into a strategic bancassurance alliance to offer life insurance solutions to millions of individuals across India. This collaboration combines PNB MetLife’s life insurance products with IPPB’s network of 650 banking outlets and 110 million customers, making life insurance more accessible to every household in India. The partnership aims to promote financial inclusion and help customers achieve their goals.

According to R. Viswesvaran, MD and CEO of India Post Payments Bank, “This partnership allows us to advance our mission of delivering inclusive financial services across the nation by offering our customers a broader range of life insurance products tailored to their needs.” Similarly, Sameer Bansal, MD and CEO of PNB MetLife, stated that the partnership reflects their commitment to making life insurance accessible to all Indians and their belief that insurance is a promise of security and resilience for families.

India Post Payments Bank, which was launched in 2018, has the mission to remove barriers for the unbanked and underbanked and reach the last mile using its postal network. PNB MetLife, on the other hand, is a major life insurance company with a strong presence in India, offering a range of products covering child education, family protection, long-term saving, and retirement. The partnership between the two companies aims to create a strong ecosystem for life insurance adoption and awareness, ultimately achieving financial inclusion for all.

PNB MetLife India Insurance Company Limited and India Post Payments Bank (IPPB) have formed a strategic partnerships to make life insurance solutions more accessible to millions of people across India. The alliance aims to leverage IPPB’s extensive network of 650 banking outlets, serving over 110 million customers, to offer PNB MetLife’s comprehensive portfolio of life insurance products. This partnership is a significant move towards achieving financial inclusion for all, as stated by PNB MetLife’s MD & CEO, Sameer Bansal, who believes that insurance is not just a product, but a promise of security and resilience for families.

IPPB’s MD & CEO, R. Viswesvaran, adds that the bank was founded on the principle of delivering inclusive financial services, and this partnership will help them advance this mission by offering customers a wider range of life insurance products tailored to their needs. The two organizations are committed to providing efficient and user-friendly services to meet customer needs effectively.

The partnership aims to build a robust ecosystem for life insurance awareness and adoption, giving more families greater security across India. With this collaboration, PNB MetLife and IPPB are taking significant steps towards achieving financial inclusion, ensuring that life insurance solutions become more accessible to every household in the country.

PNB MetLife India Insurance Company has launched a new campaign, “Aapka aage ka plan kya hai?”, aimed at encouraging individuals to take control of their retirement planning and make the most of their post-retirement years. The campaign, which incorporates various media channels, urges people to reflect on their aspirations and take proactive steps to secure a financially stable retirement.

The campaign’s core product is the Grand Assured Income Plan (GAIN), an insurance solution that provides a guaranteed annuity rate for life, ensuring financial security and peace of mind during retirement. Chief Marketing and Communications Officer, Sourabh Lohtia, emphasizes that the campaign is designed to help customers plan for a fulfilling retirement, free from financial worries.

The campaign’s digital film features a conversation between two friends discussing their retirement goals, which funnily enough, shows that even the friends themselves are unsure of their plans. A friend envisions himself owning an apple orchard, employing locals, and running a homemade jam business with global exports. PNB MetLife brand ambassador, Smriti Mandhana, highlights how customers can achieve such aspirations with the Grand Assured Income Plan, which guarantees a lifetime income and offers five annuity options.

The campaign also includes a 3D immersive experience, accessible through QR codes on print, TV, OTT, and digital ads, which allows users to explore a visually engaging narrative that underscores the importance of financial planning. Overall, the “Aapka aage ka plan kya hai?” campaign is an initiative by PNB MetLife to inspire people to take control of their retirement planning and make the most of their post-retirement years.

PNB MetLife India Insurance has formed a strategic partnership with India Post Payments Bank (IPPB) to offer life insurance solutions through IPPB’s 650 banking outlets, serving over 110 million customers. The goal of this partnership is to enhance financial inclusion and boost life insurance adoption and awareness in India.

The partnership aims to provide PNB MetLife’s life insurance products to a broader customer base, allowing customers to access life insurance solutions tailored to their needs. R Viswesvaran, MD and CEO of IPPB, stated that this partnership will help advance their mission of providing financial security to customers.

Sameer Bansal, MD and CEO of PNB MetLife, highlighted that this partnership is a shared commitment to making life insurance accessible to all Indians, emphasizing the importance of insurance as a promise of security and resilience for families.

This partnership builds on the companies’ previous collaboration on the Pradhan Mantri Jeevan Jyoti Bima Yojana life insurance scheme, which was launched in 2020. PNB MetLife, a joint venture between MetLife and Punjab National Bank, provides a range of products, including child education, family protection, long-term savings, and retirement planning. The company had 155 branches as of November 2024, reaching over 19,000 locations through banking partnerships.

Lift Insurance Firm PNB MetLife has partnered with Policybazaar to launch a new pension plan, the PNB MetLife Smart Invest Pension Plan, designed to help individuals plan for their golden years. This Unit-Linked, Non-Participating Individual Pension Plan is aimed at people aged 40-50, offering a flexible approach to early retirement planning.

The plan allows customers to choose an immediate annuity upon maturity or defer it for a few years, and up to 60% of the maturity amount can be withdrawn tax-free. The plan comes with two funds: Pension Mid Cap Fund and Pension Bond Fund, both available from February 1-14, 2025, at a NAV of ₹10.

The Smart Invest Pension Plan offers several benefits, including zero charges, extended vesting age up to 70 years, and market linked return flexibility. Individuals can choose from three strategies: Automatic Asset Rebalance, Systematic Transfer, or select between the Pension Mid Cap Fund for growth and the Pension Bond Fund for stability. Additionally, customers can make unlimited fund switches, premium redirection, and partial withdrawals after five years to meet specific needs.

Sameer Bansal, MD & CEO of PNB MetLife, commented on the new product launch, stating that the partnership with Policybazaar aims to make retirement solutions more accessible to people, particularly those using digital platforms, seeking financial guidance for their retirement planning. The Smart Invest Pension Plan is designed to provide customers with a flexible and tailored approach to planning for their golden years.

PNB MetLife India Insurance Company Limited has launched a new campaign, “Aapka Aage Ka Plan Kya Hai?” featuring Royal Challengers Bengaluru (RCB) captain, Smriti Mandhana. The initiative aims to encourage people to take control of their financial futures and plan for a secure retirement. The campaign urges Indians to think about their future and make proactive financial decisions to ensure a pleasant life after retirement. The Grand Assured Income Plan (GAIN) is the campaign’s centerpiece, a retirement plan that provides customers with assured annuity rates for life, ensuring financial security and peace of mind in their older years.

The campaign’s core is a digital film that illustrates the concept, depicting two friends discussing their plans after retirement. The campaign also includes an innovative 3D immersive experience, accessible through a QR code, which emphasizes the importance of financial planning for a secure and rewarding future. Smriti Mandhana, PNB MetLife’s brand ambassador, highlights how the PNB MetLife Grand Assured Income Plan can help customers achieve their retirement goals.

Sourabh Lohtia, Chief Marketing & Communications Officer, PNB MetLife, emphasizes that retirement should be a time of fulfillment, not financial worry. The campaign’s message is clear: “Retirement should be a time of fulfillment and not financial worry. We understand our customers’ aspirations, and ‘Aapka Aage Ka Kya Plan Hai?’ is their call to action. We’re here to help them plan for what’s next, from travel and new experiences to a financially secure retirement.”

The campaign is targeted at individuals to take a proactive approach to financial planning and to prioritize their future. By using the catchy tagline “Aapka Aage Ka Plan Kya Hai?”, PNB MetLife encourages people to think about their long-term goals and take actionable steps to ensure a secure and comfortable life after retirement.