Bangalore : The Indian Insurance Congress 2013, honoured AEGON Religare Life Insurance (ARLI) with the Best Product Distribution Award for its online distribution channel in the Indian Life Insurance Awards 2013. The ‘Best Product Distribution Award’ was presented to ARLI in order to recognise its excellence in market penetration and its leadership position in the competitive and challenging world of life insurance product distribution.

At the occasion, Mr KS Gopalakrishnan, Executive Director at ARLI said, “AEGON Religare Life Insurance is extremely proud and happy to be honoured for the second time in the same year for its Online Distribution. It gives me immense pleasure to accept this well-deserved award for the Best Product Distribution. It further strengthens our position as pioneers of Online Life Insurance in India. Introducing India to a digital distribution channel for life insurance was a challenge and I believe ARLI overcame this hurdle by simplifying the buying process and introducing the customers to e-friendly products like AEGON Religare iTerm Plan, AEGON Religare iMaximize Plan and AEGON Religare iHealth Plan. We wish to keep our focus on the E-Sales distribution channel and further strengthen our online presence.”

The Indian Insurance Congress was held at the Sofitel Hotel in Mumbai on November 29, 2013. The Indian Life Insurance Awards were aimed at recognising life insurance companies and providers who have proved their excellence, professionalism and dedication to maintaining high standards in the life insurance space. An independent panel of judges decided the winners and honoured the life insurance companies, as well as the investment firms, consultancies and insurance providers that have set the professional standards in order to best serve the Indian life insurance sector.