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ICICI Prudential Life  welcomes you August 16, 2010
The evolving internet opportunity in  India  Gaining critical mass Relative penetration Conducive regulatory environment Increasing preference for online  financial transactions
The evolving internet opportunity in  India  Gaining Critical mass Relative penetration Conducive regulatory environment Increasing preference for financial transactions online
The evolving internet opportunity in  India  Gaining critical mass ,[object Object],[object Object],[object Object],[object Object],Source: IAMAI Reports
Huge potential for internet growth in India US: 75.9%; UK: 76%; China: 22.5% India: 4.54%  The evolving internet opportunity in  India  Relative penetration People with access to the internet per 100 inhabitants Source: World Bank, World Development Indicators
The evolving online opportunity in  India  Conducive regulatory environment  ,[object Object],[object Object],Banking ,[object Object],[object Object],[object Object],Financial Services ,[object Object],Insurance BFSI sector transitioning to online platforms
The evolving online opportunity in  India  Online banking: the only way a whole generation is experiencing banking Banking Share trading & other investments, completely taking the online route Financial Services Online servicing of insurance policies has already gained preference Insurance Increasing preference for financial transactions online
Merging convenience with transparency & cost saving..
Convenience  How do we help our  customers  manage  their policies online? Our view of the internet Transparency How do we use the  internet to make our  customer interactions  more transparent?  Cost saving  How do we leverage the internet to optimize our costs & pass the same to our customers?  Leverage the internet to create online products
Servicing  (Existing  customers) Our view of the internet Convenience  Transparency Cost saving  Sourcing (Prospects) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Servicing  (Existing  customers) Our view of the internet Sourcing (Prospects) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What does the internet mean to the users?
Connotations of the internet ……  Instant gratification  Minimum hassles Easy to buy products Transparency Competitive pricing Online  servicing
The need for pure protection plans
Need for pure protection plans..  Current view towards  protection plans  ,[object Object],[object Object],[object Object],[object Object]
Need for pure protection plans..  Why now?  ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: RBI data for Indian economy Y-o-Y increase in Assets & Liabilities 60 %  of the world's cardiac patients will be  Indian by 2010  - WHO
Our role in the area of protection plans
Our role in the area of protection products  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],* In 2008 Pure Protect was the lowest cost term plan
Hence the consumer proposition is..
 
[object Object],[object Object],[object Object],[object Object],First ever pure online term insurance plan
Pure online  i-Protect Extremely  affordable  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Instant cover i-Protect ,[object Object]
Thank you

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Icici i protect-online-term-insurance-plan

  • 1. ICICI Prudential Life welcomes you August 16, 2010
  • 2. The evolving internet opportunity in India Gaining critical mass Relative penetration Conducive regulatory environment Increasing preference for online financial transactions
  • 3. The evolving internet opportunity in India Gaining Critical mass Relative penetration Conducive regulatory environment Increasing preference for financial transactions online
  • 4.
  • 5. Huge potential for internet growth in India US: 75.9%; UK: 76%; China: 22.5% India: 4.54% The evolving internet opportunity in India Relative penetration People with access to the internet per 100 inhabitants Source: World Bank, World Development Indicators
  • 6.
  • 7. The evolving online opportunity in India Online banking: the only way a whole generation is experiencing banking Banking Share trading & other investments, completely taking the online route Financial Services Online servicing of insurance policies has already gained preference Insurance Increasing preference for financial transactions online
  • 8. Merging convenience with transparency & cost saving..
  • 9. Convenience How do we help our customers manage their policies online? Our view of the internet Transparency How do we use the internet to make our customer interactions more transparent? Cost saving How do we leverage the internet to optimize our costs & pass the same to our customers? Leverage the internet to create online products
  • 10.
  • 11.
  • 12. What does the internet mean to the users?
  • 13. Connotations of the internet …… Instant gratification Minimum hassles Easy to buy products Transparency Competitive pricing Online servicing
  • 14. The need for pure protection plans
  • 15.
  • 16.
  • 17. Our role in the area of protection plans
  • 18.
  • 19. Hence the consumer proposition is..
  • 20.  
  • 21.
  • 22.
  • 23.

Notas del editor

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