MUMBAI: SBI Life Insurance was honoured at Indian Insurance Award 2012. It bagged two awards - 'Under-served Market Penetration Award 2012' and 'Claims Service of the Year Award 2012' by Fintelekt.
The 'Under-served Market Penetration Award 2012' was given for SBI Life's geographical coverage within the country, while the 'Claims Service of the Year Award 2012' was for displaying commitment for effective and speedy claims settlement.
The Indian Insurance Awards was announced by SP Media. The awards have been given out in different categories such as growth, claims servicing, geographical coverage, product & technology innovation and social contribution.
Fintelekt is part of SP Media Pvt Ltd. It is a specialist in research, consulting and conferences in the banking and insurance industry verticals.