Bharti Axa General Insurance Awarded Excellence Award By The Institute Of Economic Studies

Released on: May 08, 2014, 5:12 am (EDT)
Industry: Financial

Bangalore, -- /EPR NETWORK/ -- Bharti AXA General Insurance (GI) Company, one of the fastest growing multi-line general insurance companies in India, announced that it was given the prestigious Excellence Award by the Institute of Economic Studies (IES). The IES aims to recognize excellence across various sectors in India. IES was established in 1980 by a group of economists, parliamentarians and industrialists who came together to study and discuss problems concerning various aspects of the economy and economic development of India.

Along with the Excellence award for the company, for this year, the institute has also conferred Dr Amarnath Ananthanarayanan, Managing Director and CEO, with the Udyog Rattan Award. The awards were given at IES’s Current Economic Scenario seminar 2014 held in Bangalore on 27 March 2014.

Speaking about the award, Dr. Amarnath Ananthanarayanan, said, “It is a great honour for us to receive the award and to be acknowledged for contributing to India’s economic growth. We thank our partners, customers, colleagues and our promoters Bharti and AXA for their strong support, guidance and the confidence they have placed in us. We at Bharti AXA believe that insurance plays an important role in protecting organization and individual aspirations. Bharti AXA through our comprehensive and innovative insurance solutions, seek to redefine industry standards by offering unparalleled and empathetic service to every Indian.”

Bharti AXA General Insurance:
Bharti AXA General Insurance Company Ltd is a joint venture between Bharti Enterprises, a leading Indian business group and AXA, a world leader in financial protection. The joint venture company has a 74% stake from Bharti and 26% stake of the AXA Group. Presently the organization has cashless facilities in over 4300+ network hospitals and over 1800+ garages, as well as 24/7 claims registration through multi-modal channels like e-mail and SMS. The organization commenced national operations in August 2008 and currently has 59 branch offices across the country. Owing to its continued excellence, the company was awarded the Best Private Insurance Company – General, 2014 award by the World HRD Congress at the BFSI Awards 2014. Best Integrated Campaign of the Year and Viral Campaign of the year at the Youth Marketing Forum’s Social Media Awards are two more feathers that the company added to its hat in the year 2014. Further, it is also the first organization in the GI Industry to receive dual certifications of ISO 9001:2008 & ISO 27001:2005 within the first year of operations in 2009 and subsequently re-certified in 2012 for further 3 years. In the year 2013, the company was conferred the Editor’s choice award for service innovation at Banking Frontier’s Finnoviti Awards. The organization was also awarded the prestigious “Personal Lines Growth Leadership Award 2011” at the India Insurance Awards 2011 and this won the “Best Product Innovation Award” and “Commercial Lines Growth Leadership Award” at India Insurance Awards 2012. It won the “Best Employer Brand” award at the IPE BFSI Awards 2012 and “Claims Initiative of the Year” award at Star of the Industry Awards 2012. Bharti AXA General Insurance is the only Indian company in the Life and General Insurance category to have been nominated for and won the “Risk Manager of the Year” award at the Asia Insurance Industry Awards 2011.

For further information

Bharti AXA General Insurance Co.Ltd
Harshita Nair
Corporate Communications

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