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Company profile

Ageas Federal


About Company

Ageas Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, Indias premier development and commercial bank, Federal Bank, one of Indias leading private sector banks and Ageas, a multinational insurance giant based out of Europe. In this venture, Ageas owns 49% equity , Federal Bank owns 26% equity and IDBI Bank owns 25% equity . Having started in March 2008, in just five months of inception, Ageas Federal Life Insurance Co Ltd became one of the fastest growing new insurance companies to garner Rs 100 Cr in premiums. Through a continuous process of innovation in product and service delivery Ageas Federal aims to deliver world-class wealth management, protection and retirement solutions that provide value and convenience to the Indian customer. The company offers its services through a vast nationwide network of 2,186 partner bank branches of IDBI Bank and Federal Bank in addition to a sizeable network of advisors and partners.

Ageas Federal Life Insurance Co Ltd today is recognized as a customer-centric brand, with an array of awards to their credit. They have been awarded the PMAA Awards (2009) for best Dealer/Sales force Activity, EFFIE Award (2011) for effective advertising, and conferred with the status of Master Brand 2012-13 by the CMO Council USA and CMO Asia & Great place to work certified 2019-20.



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