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    Metlife India Insurance Company LTD.: Presented By:)

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    Shyamala Shenoy
    MetLife India Insurance Company Ltd. is a life insurance company that has been operating in India since 2001. It has over 66,000 agents and a 3.7% market share. The presentation summarizes MetLife's growth over time in offices, agency units, market share, and bancassurance tie-ups. It also outlines MetLife's finance, marketing, and product departments as well as potential competitors, customers, and a SWOT analysis. The presentation concludes with acknowledging MetLife's rankings and awards.

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    Metlife India Insurance Company LTD.: Presented By:)

    Uploaded by

    Shyamala Shenoy
    321 views20 pages
    MetLife India Insurance Company Ltd. is a life insurance company that has been operating in India since 2001. It has over 66,000 agents and a 3.7% market share. The presentation summarizes MetLife's growth over time in offices, agency units, market share, and bancassurance tie-ups. It also outlines MetLife's finance, marketing, and product departments as well as potential competitors, customers, and a SWOT analysis. The presentation concludes with acknowledging MetLife's rankings and awards.

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    MetLife India Insurance Company Ltd. is a life insurance company that has been operating in India since 2001. It has over 66,000 agents and a 3.7% market share. The presentation summarizes MetLife's growth over time in offices, agency units, market share, and bancassurance tie-ups. It also outlines MetLife's finance, marketing, and product departments as well as potential competitors, customers, and a SWOT analysis. The presentation concludes with acknowledging MetLife's rankings and awards.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    321 views20 pages

    Metlife India Insurance Company LTD.: Presented By:)

    Uploaded by

    Shyamala Shenoy
    MetLife India Insurance Company Ltd. is a life insurance company that has been operating in India since 2001. It has over 66,000 agents and a 3.7% market share. The presentation summarizes MetLife's growth over time in offices, agency units, market share, and bancassurance tie-ups. It also outlines MetLife's finance, marketing, and product departments as well as potential competitors, customers, and a SWOT analysis. The presentation concludes with acknowledging MetLife's rankings and awards.

    Copyright:

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    Download as PPTX, PDF, TXT or read online from Scribd
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    of 20

    MetLife India Insurance Company Ltd.

    Presented by:
    Shetty Shilpa
    (FA, MetLife)
    Company LOGO & Mascot
    About MetLife
    • MetLife Inc. (140 yrs)
    • MetLife India (2001)
    • 26% FDI (MetLife Inc.) + J&K Bank, Dhanalakshmi
    Bank, Karnataka Bank, Karvy Consultants, Geojit
    Securities, Way2Wealth, and Mini Muthoothu
    • Market share 3.7%
    • Principles
    • Effect of Recession
    MetLife India Scorecard
    PARAMETERS 2006 2007 2008 2009

    OFFICES 49 92 192 201

    AGENCY UNIT 101 222 440 445

    MARKET SHARE 1.8% 2.4% 2.9% 3.7%

    BANCASSURANCE 3 5 5 4
    TIE-UPS
    AGENT BASE <10000 30000+ 40000+ 66377+
    Finance Department
    Basic functions of the finance department:

    • Investments
    • Study Business Cycle
    • Bonus allocation
    • Market inbuilt Source training
    • Recruitment
    • Portfolio Management
    • Profit and Loss balance sheet
    • Tax and payment
    Marketing Techniques
    • AIDA

    • MetLife Turbine
    – Approach
    – Fact Findings
    – Solution
    – Close
    – Referrals
    PRODUCTS

    Traditional

    Conventional ULIP
    Term Plan Endowment Plan Money Back Plan Child Money Back Plan Pension Plan
    Term Plan
    • Met Suraksha Plus
    • Met Suraksha TROP
    • Met Suraksha TA

    Money Back Plan


    • Met Sukh
    Child Money Back Plan
    • Met Bhavishya

    Pension Plan
    • Met Pension Plan
    Endowment Plan
    • Met Suvidha
    • Met Monthly Income Plan
    Met Monthly Income Plan
    Entry Age 18-60 years

    Maximum Maturity Age 85 years

    Minimum Monthly Income Rs. 2,000 p.m.

    Sum Assured (fixed) 180 times the Monthly Income

    Premium Payment Term 5 & 10 years

    Policy Term 20 & 25 years


    Potential Competitors

    • TATA AIG Insurance

    • Life Insurance Corporation

    • HDFC Standard Life Insurance

    • Aviva Life Insurance


    Customers
    • Teenagers
    • Family
    • Individuals
    • Businessman
    • Retired individuals
    • Employees
    • Children
    • Married Woman
    SWOT Analysis
    STRENGTHS

    • Strong brand name


    • Showed profits during recession
    • Employee growth opportunity
    • Collaborations and mergers
    SWOT Analysis
    WEAKNESSES

    • Huge funds spent on training


    • Enrolling of FA with just HSC
    SWOT Analysis
    OPPORTUNITIES

    • Monthly Interest Plan


    • Venture into general insurance
    SWOT Analysis
    THREATS

    • Maintaining the position


    • Collaboration shy
    Acknowledgements

    • Ranked 39th among other Fortune 500


    companies
    • Ranked 6th in Fortune Magazine
    • Working Mother Magazine honored MetLife
    Insurance Co. as one of the "100 Best
    Companies for Working Mothers".
    • And has been accredited with many awards
    over the year.
    QUESTIONS ?
    THANK YOU !!

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