The Company was incorporated at Mumbai on August 14 2000 as HDFC Standard Life Insurance Company Limited a public limited company under the Companies Act 1956. The Company obtained the certificate of commencement of business on October 12 2000. Further the Company obtained its certificate of registration from IRDAI to undertake the life insurance business on October 23 2000.Changes to the name of the Company:The name of the Company has not undergone any change since its incorporation.Major events and milestones2001- First private life insurer to obtain registration from the IRDAI2003- Crossed 100000 policies and 10000 individual agents; distribution tie-ups with HDFC Bank and other banks2004- Launch of unit linked funds; distribution tie-up with Saraswat Co-operative Bank Limited2007- Crossed the 500000 policy milestone2010- AUM crossed Rs. 200000 million2011- Incorporated the Subsidiary HDFC Pension on June 20 20112012- The Company turned profitable and registered a profit of Rs. 2710 million and the total premium for the year crossed Rs. 100000 million2014- Company’s AUM crossed Rs. 500000 million; dividend was declared for the first time in December 20132016- Total premium crossed the Rs. 160000 million mark- The Subsidiary HDFC International was authorised by Dubai Financial Services Authority to carry on financial services- Standard Life Mauritius increased its stake from 26% to 35%2017- Company’s AUM crossed Rs. 900000 millionCertifications Awards and Accreditations2017- India's Best Companies to Work For - The India's Best Companies to Work for study is conducted by The Economic Times & Great Place To Work® Institute.2016- ICAI Awards - Gold Shield for Excellence in Financial Reporting for the Annual Report - The Indian Insurance Awards for Best Product Innovation (Life Insurance) by Fintelekt - SAP ACE Awards - Technology Adoption in Banking Financial Services and Insurance (BFSI) - Finnoviti award to recognize and reward innovations in Banking Financial Services and Insurance (BFSI) - Received for Cancer Care a first of its kind standalone cancer care product from a life insurer - Data Quest Business Technology Awards Delhi Edition for excellence in implementation & use of technology for business benefits in the “Mobility” category2015- Indian Insurance Awards: Won Life Insurance Company of the Year awarded by Fintelekt - SM Financial Services Marketing Summit Awards - Most Customer Responsive Insurance Company of the Year - QCI - D. L. Shah Quality Awards - Gold Award for the case study Improvement in Persistency : A Win for ALL - Prime Time Awards - Best Creative Advertising - Single Ad or Campaign in the Banking Financial Services and Insurance (BFSI) category - Frost & Sullivan – Project Evaluation & Recognition Program for the project “Creating a Culture of Continuous Improvement” an insurance case study2014- PCQuest Best IT Implementation Award for Qlik Insights BI Development – Project with Maximum Business Impact2013- Won National Award for Excellence in Cost Management for second consecutive year - Recognized by Celent as Model Insurer Asia of the Year2012- Won Porter Prize for leveraging unique activities - Won National Award for Excellence in Cost Management awarded by the Institute of Cost Accountants of India2011- Golden Peacock HR Excellence Award
| Name | Position |
|---|---|
| Mr. Keki M Mistry | Chairman |
| Ms. Vibha Padalkar | Managing Director & CEO |
| Mr. Suresh Badami | Deputy Managing Director |
| Mr. Niraj Shah | Executive Director & CFO |
| Mr. Ketan Dalal | Independent Director |