SBI Life Insurance Company Limited (SBI Life), incorporated in the year 2000, established as joint venture between State Bank of India and BNP Paribas Cardif S.A. and is one of the leading life Insurance companies in India. SBI Life has a multi-channel distribution network comprising of an expansive Bancassurance channel with SBI, which has an unrivalled strength of many branches across the country. SBI Life also has a large and productive agent network. The Company’s other distribution channels include direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries. The Company is listed on National Stock Exchange (NSE) and The Bombay Stock Exchange (BSE).

Business area of the company

SBI Life offers a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer service and world class operating efficiency. The Company offers individual and group products which include savings and protection plans to address the insurance needs of diverse customer segments. SBI Life has a wide range of products catering to various customer needs in the life, health, pension & micro-insurance segments. These products are customer centric, simple to understand and have competitive features. The products include Individual Life Insurance Plans and Group Insurance Plans.

Awards

• 2016: Outlook Money Awards 2016
• 2016: CLO Chief Learning Officer Summit India - 2016
• 2016: LIMRA and LOMA Social Media Silver Bowl Awards 2016
• 2016: CLO Chief Learning Officer Summit India - 2016
• 2016: Life Insurance Company of the Year
• 2016: Bancassurance Leader Life Insurance
• 2017: Skoch Resilient India awards 2017
• 2017: DSCI Excellence Awards 2017
• 2017: CTO Leadership Award 2017
• 2017: Digital Innovation Award 2017
• 2017: TISS Leapvault CLO Awards 2017
• 2017: Fintelekt Insurance Awards 2017 -Data Analytics Initiative of the Year (Overall Award Across Life, General, Health)
• 2017: Fintelekt Insurance Awards 2017 -Bancassurance Leader, Life Insurance (Large Companies Category)
• 2017: Fintelekt Insurance Awards 2017 - Private Sector Life Insurance Company of the Year (Large Category)
• 2017: Brand of the Year 2016-17
• 2018: TISS Leapvault CLO Awards 2018
• 2018: 30th Qualtech Prize 2018
• 2018: Risk & Insurance Management Society (RIMS), USA 2018
• 2018: Golden Peacock Award for Risk Management 2018
• 2019: Indian Television BrandVid Awards 2019
• 2019: Foxglove Awards 2019
• 2019: ICC Emerging Asia Insurance Conclave & Awards 2019
• 2019: SMART Award-Life Insurance in Large Category
• 2019: Gold Shield from ICAI for FY 2018-19
• 2020: India's Leading Life Insurance Company - Private
• 2020: Financial Services Company of the Year
• 2020: Life Insurance Provider of the Year
• 2021: SBI Life won 'Bronze' under Rural Health Initiative by CSR Health Impact Awards for Ensuring a healthy new life and childhood through 100 days Project Navodaya (Rajasthan) & Project Ayushman Bhava (Madhya Pradesh).
• 2021: SBI Life Insurance has won the Insurer of the Year - Life Category at the FICCI Insurance Industry Awards 2021.
• 2021: SBI Life has won the award for 'COVID-19 Response Project' under the category of (Covid-19)- Health at the 10th India CSR awards 2021 along with a Certificate of Honor.
• 2021: SBI Life won ‘Excellence in Community Covid Relief’ Category at ASSOCHAM CSR & Sustainability Award.
• 2021: SBI Life won the ‘Golden Peacock National Training Award’ (GPNTA) by Golden Peacock Awards.
• 2021: SBI Life won ‘Gold’ in Editor’s Choice Awards for ‘Customer Orientation in Life Insurance’ at the 20th Outlook Money Awards 2021.
• 2022: SBI Life has won Silver for Best Induction Training Program.
• 2022: SBI Life has won Gold for L&D Team of The Year.
• 2022: SBI Life has won Gold for CLO Chief Learning Officer of The Year.
• 2022: SBI Life insurance was recognized as an Amiable Insurer in Life Insurance-Large Category.
• 2023: SBI Life won ‘Amiable Insurer-Large Category’ at the ETNow Insurance Summit & Awards 2023.
• 2023: SBI Life Insurance won an award under the ‘Highest Growth’ category at the ASSOCHAM’s 15th Global Insurance Summit & Awards 2023.
• 2023: SBI Life Insurance won the Global Performance Excellence Award (GPEA) 2023 under the 'World Class' category.
• 2023: SBI Life won award for the campaign ‘The Most Ignored Rider’ in the category Best CSR Initiative/Public Awareness at e4m Health & Wellness Marketing Awards 2023.
• 2023: SBI Life won award for the campaign ‘The Most Ignored Rider’ in the category Best use of Celebrity/Influencer at e4m Health & Wellness Marketing Awards 2023.
• 2023: SBI Life won award for Excellence in CSR Activities at the Navabharat CSR Awards 2023.
• 2024: SBI Life has been recognized among India’s Top 500 Value Creators 2024, organised by Dun&Bradstreet.
• 2024: SBI Life won an award under the category 'Doing Good Through Business For Education' at the prestigious Doing Good For Bharat Awards 2024 organised by CSRBox for the project Udayan in West Bengal.
• 2024: SBI Life won an award under the sub-category ‘Most effective Content Marketing Strategy’ by Pitch BFSI Marketing Awards 2024 for Beyond the Boundary- A Fan-centric phygital campaign.
• 2024: SBI Life won an award under the sub-category ‘Most effective 360-Degree Marketing Campaign’ by Pitch BFSI Marketing Awards 2024 for Thanks-A-Dot- Breast Cancer Awareness Initiative.
• 2024: SBI Life won the IMC RBNQA MQH Best Practices Award for 'Onboardx' - Reengineering & Transformation of Agency Onboarding Process Using Intelligent Integration of Emerging Technologies.
• 2025: SBI Life won the “Best Life Insurance - Large Category” at the prestigious Mint BFSI Summit 2024, and the award was received by Mr. M Anand, President & CDO, SBI Life Insurance.
• 2025: SBI Life won the “Best AI-Powered Conversational Analytics Platform” at the 2nd Edition of Data Analytics and AI Show 2025.
• 2025: SBI Life won the “Best Life Insurance Company - India” at the ICC Emerging Asia Conclave & Awards 2025.
• 2025: SBI Life won the “Best Risk Management Strategy - India” at the ICC Emerging Asia Conclave & Awards 2025.

• 2000: Startup Information (Important Events of Financial Year 2000-01)
• 2000: SBI Life Insurance Co. Ltd. incorporated under Companies Act,1956 on October 11, 2000 Joint Venture agreement signed with BNP Cardif on February 27, 2001.
• 2001: Actual Commencement of Business
• 2002: Launch of Bancassurance Channel
• 2004: Launch of Unit Linked Product
• 2005: First new generation Private Life Insurance Company to make profit for the year at Rs 2.03 crore
• 2007: Wipes of entire accumulated loss, GWP (Gross Written Premium) benchmark of Rs 5000 crore achieved
• 2009: GWP (Gross Written Premium) crosses Rs 10,000 crore benchmark
• 2010: Number of branches exceeded 500 branches
• 2011: Profits cross Rs 500 crore
• 2012: Assets under Management cross Rs 50,000 crore
• 2014: Declaration of higher Dividend
• 2015: GWP (Gross Written Premium) crosses milestone of 15,000 crore - Rs 15825 crore
• 2016: Renewal Premium Collection crosses milestone of Rs 10,000 crore - Rs 10,871 crore
• 2017: Assets under Management cross Rs 1,00,000 crore
• 2018: SBI Life got listed on BSE and NSE
• 2018: Total Asset under Management (AuMs) of the Company crossed Rs 1 trillion
• 2018: The Company clocked in profit after tax of Rs 10 billion
• 2019: The Company crossed the Rs 300 billion revenue mark in Gross Written Premium
• 2020: New Business Annualised Premium Equivalent (APE) & Individual New Business Premium crosses Rs 100 billion mark
• 2020: Inclusion in the MSCI Emerging Markets Index
• 2021: Gross written premium crosses Rs 500 billion mark
• 2021: Assets under Management achieves milestone of Rs 2 trillion
• 2021: Included in Benchmark index of NSE - NIFTY 50
• 2022: Individual New Business Premium crosses mark of Rs 150 billion
• 2022: Assets under Management achieves milestone of Rs 2.5 trillion
• 2022: Renewal Premium crosses mark of Rs 300 billion mark
• 2022: Company clocked in profit after tax of Rs 15 billion
• 2023: SBI Life Insurance launched 'LifeVerse Studio'
• 2023: SBI Life Insurance inked bancassurance pact with State Bank of Sikkim
• 2024: SBI Life subscribed initial investment in equity capital of Bima Sugam India Federation
• 2024: SBI Life Insurance Company launched 'SBI Life - Smart Platina Supreme'
• 2025: SBI Life Insurance Company launched two new child insurance plans
• 2025: SBI Life Insurance partnered with AU Small Finance Bank