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The Indian Insurance Awards - 7th Edition 2017

The 7th Edition of The Indian Insurance Awards will be held on July 21, 2017 at Mumbai. These awards recognize and honour the achievements of insurance companies in India that have met measurable and tangible business objectives. 

Fintelekt enforces the highest level of transparency and independence to the evaluation process. Each submission is reviewed, analyzed and processed internally, with a final review by an eminent jury. 

While the awards categories have been consistent over the past few years, new categories may be added each year to reflect changing dynamics with respect to regulation and market trends. Over the years, The Indian Insurance Awards have become an industry benchmark and have evolved to being the most coveted and aspirational awards for insurers in India.

Awards Night

Date: July 21, 2017
Location: Mumbai
Time: 7.00 pm to 9.00 pm, followed by dinner
Dress code: Business Formal

Table Booking

Companies may book a table for their management team to attend the awards night. The table booking chart will be released soon.

Entry and Evaluation Process

  • The Indian Insurance Awards are open to life, general and health insurance companies in India.
  • Entry forms will be emailed to the MD or CEO’s office of each company on April 7, 2017
  • The email and the first page of the form will contain detailed guidelines for submitting the entries.
  • Companies that wish to nominate themselves should fill up the questionnaire and send ONE entry per company to us on or before May 25, 2017.
  • There is no entry fee to submit the questionnaire.
  • On a case-to-case basis, we may invite some of the companies to make a presentation or answer questions by the Jury committee in the context of specific awards on June 16, 2017 in Mumbai. If your company is required to make a presentation, you will be notified by June 9, 2017. Please ensure that a representative of your company is available in Mumbai on June 16, 2017.
  • Three finalists for each award category will be announced on June 23, 2017
  • The awards ceremony will be held on July 21, 2017
  • For any queries, please write to Arpita Bedekar, Research Director, Fintelekt at arpita@fintelekt.com

2017 Award Categories - Life Insurance

  • Social Inclusion#
  • Bancassurance Leader*
  • E-Business Leader*
  • Claims Service Leader#*
  • Agency Leadership
  • Best Persistency 
  • Best Product Innovation
  • Technology Innovation
  • Data Quality Initiative
  • Consumer Education Initiative
  • Life Insurance Company of the Year#

2017 Award Categories - General Insurance

  • Social Inclusion
  • Bancassurance Leader
  • E-Business Leader
  • Claims Service Leader
  • Personal Lines Growth Leadership*
  • Commercial Lines Growth Leadership*
  • Best Product Innovation
  • Technology Innovation
  • Data Quality Initiative
  • Consumer Education Initiative
  • General Insurance Company of the Year#

2017 Award Categories - Health Insurance

  • Best Product Innovation
  • Claims Service Leader - Standalone Health Insurance
  • Standalone Health Insurance Company of the Year
  • TPA of the Year

# Refers to awards split by private and public sector 

Refers to awards split by large and small-medium companies

Category Descriptions and Evaluation Criteria

To view the descriptions and evaluation criteria that will be used to decide the winner for each award, please click here

Jury Convenor

Shirish Pathak, Managing Director, Fintelekt Advisory Services

Jury Members 2017

S B Mathur, Member (Part-Time), IRDAI

R Chandrasekaran, Secretary General, General Insurance Council

V Manickam, Secretary General, Life Insurance Council

R Krishnamurthy, Former MD (Products, Markets and Distribution), Towers Watson India

Kaushal K Mishra
Former MD & CEO, Tata AIG General Insurance


2016 Hall of Fame