Aditya Birla Group

Aditya Birla Group is an Indian conglomerate which is operates in 36 countries of the world. It was founded by Ghanshyam Das Birla in 1857. It has its businesses in metals, cements, textiles, chemicals, agribusiness, carbon, mining, wind power, insulators, telecommunications, financial services, information technology, retail and trading solutions. It had overall revenue of $40 billion in 2012. The chairman of the Aditya Birla Group is Mr. Kumar Mangalam Birla. It is the third largest conglomerate in India after Tata and RIL.

Sun Life Financial

Sun Life Financial is a Canada based, International Financial Services Company spread across 24 countries of the world. It was founded by Mathew Hamilton Gault in 1865. Its main businesses are Life and Health Insurance, Financial Planning, Asset Management and Investment Management. It has a net income of $727 million in 2011. The President and CEO of Sun Life Financial Inc. is Mr. Dean A. Connor. Sun Life ranks number 236 in the list of Fortune 500 companies in 2010.

Aditya Birla Financial Services Group

Aditya Birla Financial Services has been built around Non-banking financial services space with its major verticals as Life Insurance, Asset Management, NBFCs, Private Equity, Retail Broking, Wealth Management & Distribution and General Insurance advisory & broking services. It has become the top 5 players in the Fund Management category in India. It provides end-to-end financial solutions to service the demands of both its retail as well as corporate clients. The 7 major companies under it are Birla Sun Life Insurance Company Ltd., Birla Sun Life Asset Management Company Ltd., Aditya Birla Finance Ltd., Aditya Birla Capital Advisors Pvt. Ltd., Aditya Birla Money Ltd., Aditya Birla Money Mart Ltd. and Aditya Birla Insurance Brokers Ltd.

Birla Sun Life Insurance

Birla Sun Life Insurance is a joint venture between Aditya Birla Group, the Indian conglomerate and Sun Life Financial Inc, the Canada based international financial service provider. The two companies fully complement each other by combining domain expertise of Sun Life with the local knowledge of Aditya Birla Group. With an experience of 10 years, it currently ranks among the top 6 private life insurers in the country. It has leaded various innovative and creative industry benchmarks to better serve the customers such as Free Look Period, ULIPs, Monthly disclosure portfolio, etc. It has a network of 600 branches serving more than 2.5 million customers in more than 1500 cities and towns across India since its commencement. Companys impeccable desire to provide world class service to its customers is demonstrated by 0.00% outstanding claims in 2011-12, lowest in the industry and having the best turnaround time on all claims parameter.