“A new era in life insurance” – That is how IDBI Federal identifies itself. For Shibam Sarkar, Vansh Arora, Vandana Hari, Komal Rizvi, Arvind, Rajat, Kanika Sharma and Palak Tandon, PGDM 2014-16 batch students who joined IDBI Federal on May 4th for their summer internship, this is the best exposure they could have gained.
IDBI Federal Life Insurance is one of India’s growing life insurance companies and offers a diverse range of wealth management, protection and retirement solutions to individual and corporate customers.
IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe.
Having commenced operations in 2008, IDBI Federal was able to achieve breakeven within just 5 years; the Company’s passion for innovation and growth helped it achieve this feat.
Asian Business School is proud of the efforts and hard work of its students. The students at IDBI Federal were given a target to sell 10 insurance policies by the 20th of June’15. As an incentive, they would be receiving 25% of the insured amount as commission. The industry mentor has congratulated the students on their efforts and it extremely pleased with the work completed till date by the students. These students have managed to earn a combined total of INR 5,39,000 as commission for insurance policies that they have sold till date.
Keep up the rigor and enthusiasm. Keep the focus. We wish you all the best for the future.