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HDFC Life announces completion of Exide Life Merger

Mumbai (Maharashtra) [India], October 15 (ANI/NewsVoir): On October 14, 2022, HDFC Life, one of India's leading life insurers, announced the merger with its wholly owned subsidiary Exide Life, pursuant to the receipt of the final approval from Insurance Regulatory and Development Authority of India (IRDAI). This event marks the completion of the first-ever merger and acquisition (M&A) transaction in the Indian life insurance sector. HDFC Life completed the acquisition of Exide Life in January 2022. The entire transaction - from announcement of the deal in September 2021 followed by the acquisition in January 2022 and the eventual merger - was completed in less than 14 months. Pursuant to the merger, customers across both entities will have access to a wider bouquet of products and service touchpoints. Employees and distributors will benefit from a larger, stronger organisation that has complementary business models, wider geographical presence and strong ethos. This merger will ....

Vibha Padalkar , Mauritius Holdings , Life Insurance Company Limited , Development Authority Of India , Life Company , Exide Life , Insurance Regulatory , Development Authority , Insurance Company Limited , Mumbai Maharashtra India , Ctober 15 Ani Newsvoir On October 14 , Hdfc Life , Ne Of India 39s Leading Life Insurers , Nnounced The Merger With Its Wholly Owned Subsidiary Exide Life , Ursuant To The Receipt Of Final Approval From Insurance Regulatory And Development Authority India Irdai This Event Marks Completion First Ever Merger Acquisitionm Ampa Transaction In Indian Life Sector Hdfc Completed Acquisition Exide January 2022 Entire Announcement Deal September 2021 Followed By Eventual Was Less Than 14 Months Pursuant , Ustomers Across Both Entities Will Have Access Toa Wider Bouquet Of Products And Service Touchpoints Employees Distributors Benefit Froma Larger , Tronger Organisation That Has Complementary Business Models , Ider Geographical Presence And Strong Ethos This Merger Will Accelerate The Scale Up Of Hdfc Life 39s Agency Channel Enhance Its In Tier Ii Iii Markets Speaking On Vibha Padalkar , Md And Ceo , Uot We Are Delighted To Have Completed The Entire Transaction Ina Short Span Of Time This Merger Has Been Made Possible Due Encouragement , Imely Approvals And Support From Our Regulator Irdai All Other Authorities Involved In The Process We Would Also Like To Thank Passionate Committed Employees , Oyal Customers And Distribution Partners All Policyholders Of Exide Life Will Continue To Receive Best In Class Service From Us Now Have Access Hdfc 39s Market Leading Products , Ervices And Digital Capability We Strongly Believe That This Amalgamation Can Result In Value Creation For Our Customers , Hareholders And Distribution Partners As One United Team , Ur Vision Continues To Be The Most Obvious Choice For Life Insurance Solutions And We Do Our Part Insure India Quot Digital Purchasing Policy Servicing , Ll Prospects And Policyholders Can Visit Www Hdfclife Com Initiate Transactions Or Servicing Requests Hdfc Life Insurance Company Limited 39 Isa Joint Venture Between Ltd ,

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HDFC Life launches Insure India Campaign

Mumbai (Maharashtra) [India], September 30 (ANI/NewsVoir): HDFC Life, one of India's leading life insurers has launched the 'Insure India' campaign that is aimed at educating Indians on the benefits of life insurance as a product category. Over the last three years, HDFC Life along with its vast network of distribution partners has established life insurance awareness month as an exclusive property to spread awareness about the category. Previous initiatives include 'Start the Talk', 'Get Set Protect' and 'Being Responsible' which primarily aimed to educate consumers about life insurance. These continued efforts across various platforms, by HDFC Life and its partners, have enabled the brand to reach out to millions of individuals across the country. 'Insure India' is the latest addition to this series. The objective of this campaign is to educate Indians about life insurance thereby motivating them to secure their future with this unique fina ....

Vishal Subharwal , Life Insurance Company Limited , Mauritius Holdings , Life Company , Insure India , Get Set Protect , Being Responsible , Chief Marketing Officer , Heade Commerce , Digital Business , Insurance Company Limited , Mumbai Maharashtra India , Eptember 30 Ani Newsvoir Hdfc Life , Ne Of India 39s Leading Life Insurers Has Launched The 39 Insure Campaign That Is Aimed At Educating Indians On Benefits Insurance Asa Product Category Over Last Three Years , Dfc Life Along With Its Vast Network Of Distribution Partners Has Established Insurance Awareness Month As An Exclusive Property To Spread About The Category Previous Initiatives Include 39 Start Talk , 9 Get Set Protect 39 And Being Responsible Which Primarily Aimed To Educate Consumers About Life Insurance These Continued Efforts Across Various Platforms , Y Hdfc Life And Its Partners , Ave Enabled The Brand To Reach Out Millions Of Individuals Across Country 39 Insure India Is Latest Addition This Series Objective Campaign Educate Indians About Life Insurance Thereby Motivating Them Secure Their Future With Unique Financial Product That Offers Dual Benefits Protection And Long Term Savings Penetration Ata Little Over 3 Per Cent In , Dfc Life Believes That 39 Insure India Will Play An Important Role In Enabling Individuals To Take Their First Step Towards Financial Freedom As Part Of This Campaign , He Company Will Host Chat Shows , Old On Ground Activities , Hus Engaging With Consumers Both Directly As Well Indirectly Through Its Wide Network Of Distributors The Last Three Years Have Seen Successful Participation By And Partners Latest Campaign 39 Insure India , He Insurer Wants To Reach Out More Individuals Across Various Sections Of The Society Speaking On Campaign Launch , Vishal Subharwal , Hief Marketing Officer And Heade Commerce Amp Digital Business , Hdfc Life ,