At Shriram, our mission goes beyond growth — it’s about purpose-driven impact. Aligned with our mission, our life insurance company, Shriram Life Insurance, is dedicated to making life insurance accessible to the families who need it most, especially in underserved segments like the lower-middle and rural markets. Here are some of their standout initiatives & strategies Affordable Premiums: With an average premium size of ₹18,000 (well below the industry’s ₹80,000+), they ensure that life insurance is within reach for families who need financial protection but cannot afford higher premiums. Purposeful Reach: Their focus on the lower-middle and mass market segments reflects our commitment to serving those who are often overlooked by traditional insurers. Claims Settlement: With a 98%+ claim settlement ratio for individual policies and near 100% for group policies, they are building trust and demonstrating the true value of life insurance to families. They are steadfast in their commitment towards serving the community and ensuring that life insurance becomes a tool for financial security for every family — especially those who need it most. Listen to Shriram Life MD and CEO Casparus Kromhout’s insights in this clip #shriramgroup #shriramlife #lifeinsurance #purposedriven
I am the 100th who liked your post. 😂🤣😂😹
Inspiring!
Sudhir Dubey
3w
Congrats!
Procurement and Vendor Management Operations
4wThat's the Sweet-spot, provide affordable, reach masses do it economically with a human touch and ethics. Who ever did this become super successful in India. Shriram has done this, before Information Technology advancement, Now Sky is the limit.👍