Aviva Life Insurance Company India Ltd, today announced the appointment of Monica Agrawal, as director - corporate initiatives.
Aviva Life Insurance Company India Ltd, today announced the appointment of Monica Agrawal, as director - corporate initiatives. Based in New Delhi, Ms Agrawal will report directly to Mr Bert Paterson, managing director & CEO, Aviva India.
In this new role, Ms Agrawal will be responsible for implementing a wide range of high impact strategic and business initiatives and work with the leadership team in strengthening the Aviva business in India.
Ms Agrawal brings to the company a rich experience in sales & services with a proven track record in designing premium strategy, customer focused initiatives, working with diverse groups and launching new products.
Speaking on the new appointment , Mr Paterson said: "I am delighted to have someone of Monica's calibre join our leadership team. Her vast experience in customer focused initiatives and keen sense of business appreciation will be an invaluable asset to Aviva. I am certain that the appointment of Monica will take Aviva to greater heights."
Monica brings her rich experience, of close to 14 years to Aviva. Prior to joining Aviva, she headed Strategic Alliances for MasterCard in South Asia. She was responsible for business development and co-brand alliances. She also engineered successful co-branded programs and partnerships with brands and merchants across diverse sectors such as airlines (eg Jet Airways), hotels (eg Oberoi Hotels), retail (eg Shopper's Stop), oil and gas (eg BPCL), media (eg Times of India) and telecom (eg Airtel).
Ms Agrawal was also the Secretary of the India Cards Council, the de-facto industry association of MasterCard customer banks in India. She also led MasterCard's Public Policy initiatives in India. She started her career in 1993 with a Unilever group company, moved to Bennett, Coleman and Co in 1994 and then HSBC bank where she worked for over four years in various capacities including head of sales for North India.
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For further information, please contact:
Pooja Garg Khan
Aviva Life Insurance
Phone: 0124- 2709082
E-mail: pooja.khan@avivaindia.com
Notes to editors:
About Aviva India
Aviva Life Insurance is a joint venture between Dabur and Aviva. Current paid up capital amounts to 758 crores. Dabur are the 74% shareholder and Aviva the 26% shareholder. Aviva plc is the UK's largest insurance group and the world's oldest insurance group, with a history dating back to 1696. Today, it is the fifth largest insurer worldwide, with 40 million customers and £377 billion assets under management. Prior to nationalization, Aviva was the biggest of the foreign insurers operating in the Indian market.
Founded in 1884, Dabur is one of India's oldest and largest groups of companies with the group's consolidated annual sales in excess of Rs 2,233 crores. A professionally managed company it is the country's leading producer of traditional healthcare products.
Aviva pioneered the concept of Bancassurance in India, and has leveraged its global expertise in this area successfully in India. Bancassurance has been contributing close to 60% of the total sales of Aviva India. Through its branches and its Bancassurance partner locations, Aviva products are available in more than 1,600 towns and cities across India.
Aviva's products have been designed in a manner to provide customers flexibility, transparency and value for money. We have been among the first companies to introduce Unit Linked products in the market.
Aviva has a unique need based sales approach through the "Financial Health Check" (FHC). The FHC is a free service administered by our FPAs (Financial Planning Advisers) for a need-based analysis of the customer's long-term savings and insurance needs. Depending on the life stage and earnings of the customer, the Financial Health Check assesses and recommends the right insurance product for them.