ICICI Prudential Life Insurance Company

On February 25, 2026, ICICI Prudential Life Insurance partnered with SK Finance to provide group credit protection insurance solutions, enabling over 9.3 lakh customers to access financial security through credit life insurance. Leveraging SK Finance’s strong presence in rural and semi-urban markets, the partnership aims to promote responsible borrowing and strengthen financial protection for underserved communities.

On May 19, 2025, SBM Bank India and ICICI Prudential Life Insurance forged a strategic bancassurance alliance to offer a range of term insurance, savings, wealth creation and retirement planning products to the bank’s customers and deepen financial protection penetration.

ICICI Prudential Life Insurance has reached a milestone with Assets under Management (AUM) surpassing Rs. 3 lakh crore (US$ 36.05 billion), standing at Rs. 3.14 lakh crore (US$ 37.73 billion) as of July 31, 2024.

ICICI Prudential Life Insurance, a private sector insurer, is set to incorporate a not-for-profit company for housing the Bima Sugam platform - ‘Rashtriya Bima Sugam Nigam’.

In July 2023, ICICI Prudential Life Insurance has launched ‘ICICI Pru Protect N Gain’, a unique product which offers a comprehensive life insurance cover, protection against accidental death and permanent disability due to an accident and market-linked returns to build long-term wealth and achieve financial goals.

ICICI Prudential Life Insurance launched a debt fund which will enable customers to lock in their investments at current high-interest rates, build long-term wealth and achieve financial goals.

ICICI Prudential Life Insurance company had crossed Rs. 2.5 trillion (US$ 30.75 billion) mark in AUM.

In September 2021, ICICI Prudential Life Insurance Company announced that it is in discussion for onboarding the ‘Account Aggregator’ system, a financial data-sharing platform to be regulated by the Reserve Bank.

In December 2020, ICICI Prudential Life Insurance and RBL Bank entered a bancassurance partnership to offer an array of life insurance products to customers.

In September 2020, ICICI Prudential Life Insurance entered a corporate agency agreement with NSDL Payments Bank to provide customer-centric protection and savings products to customers of NSDL Payments Bank.

Launched ESG Fund, an open-ended equity scheme.

Launched LiGo, a chatbox service on Google Assistant for its policyholder.

Announced tie-up with Standard Chartered Bank.

First insurance company in India to be listed on NSE and BSE.

The company was ranked as one of the best brands in BFSI sector as per “BrandZ top 50 most valuable Indian brands 2015”, a study conducted by Millward Brown and published by WPP.

The company received the silver Effiee award in the financial services category for the brand campaign “Achche Bandeh”.

The company was awarded “The Best Leading Private Player Life Insurance” at the CNBC TV18 Best Bank and Financial Institutions Award.

Crossed the mark of five million policies.

Crossed the mark of 100,000 policies.

The company was incorporated at Mumbai on July 20, 2000 as ICICI Prudential Life Insurance Company Limited, a public limited company under the Companies Act, 1956.