About HDFC ERGO

Awards and Recognition

ICAI Awards 2015-16

(For Excellence in Financial Reporting )

HDFC ERGO has been presented an award by ICAI for Excellence in Financial Reporting 2015- 16 under Category IV. It is the 2nd consecutive year, the 4th time in our journey, that we have been awarded for excellence in financial reporting. It is the only award presented in the non - life category this year.

SKOCH Order-of-Merit

(for Claims Survey Management (CMS) for qualifying amongst the Top 100-projects in India )

This SKOCH order of merit is awarded to the “Top 100 Projects in India”. The projects are selected by a Jury of eminent experts and the Secretariat of SKOCH from a large number of nominations and presentations. HDFC ERGO’s Claim Survey Management, was conferred “SKOCH Order-of-Merit” at the 46th Skoch Summit.

Best Customer Experience Award of the Year (Financial Sector)

(by KamiKaze)

This award recognises the efforts undertaken by an organisation in the area of customer service & customer experience to improve customer relationships and building long term profitability. The primary parameters considered for this award were; initiatives taken to simplify customer service processes, use of automation to deliver superior customer experience and ROI delivered through the changes.

ICAI Awards 2014-15

(For Excellence in Financial Reporting Annual Report under the Category III – Insurance Sector )

This award recognises the efforts undertaken by an organisation in the area of customer service & customer experience to improve customer relationships and building long term profitability. The primary parameters considered for this award were; initiatives taken to simplify customer service processes, use of automation to deliver superior customer experience and ROI delivered through the changes.

CMS Outstanding Affiliate World-Class Service Award 2015

(by Chubb Multinational Solutions)

This award appreciates our efficient services and continued support with Chubb Multinational Solutions.It also embarks our outstanding service rendered to the mutual customers.The award recognizes exceptional performance in the following criteria:
1) Policy issurance and service levels
2) Duration of relationship with Chubb
3) Nomination by Chubb Multinational Account Coordinators
4) Recommendation of affiliate network managers

iAAA rating

( by ICRA )

The Company has been rated iAAA by ICRA (an associate of Moody’s Investors Service) indicating highest claim paying ability. This rating denotes company’s fundamentally strong position and prospect of meeting policyholder obligations as the best. The rating takes into account the company’s strong parentage, its leadership position amongst the private sector general insurers in the country, balanced and diversified portfolio, prudent underwriting practice and reinsurance strategy.

ISO Certification

( by ICRA )

HDFC ERGO has been awarded the ISO 9001:2008 certification for their processes relating to the below functions:
1) Operations & Services
2) Customer Experience Management
3) Claims Management

This certification validates HDFC ERGO’s conformity with internationally established standards for quality systems and assurance in Operations, Claim processing and Customer Service. The certification is a validation of the controls that have been built in place to ensure that the needs and expectations of customers are met. This certification ensures that the Company's products and services are the most compliant with the existing market standards and requirements.    

Best Insurance Company in Private Sector - General 2014

by the World HRD Congress at ABP NEWS - Banking, Financial Services & Insurance Awards

This award underlines the best-of-the-best practices of the BFSI Industry based on the strategy, security, customer service, and the future technology challenges and innovations.The award has been selected basis customer poll and analysis by a bench of jury.

Best General Insurance Company in India 2014

by International Alternative Investment Review (IAIR)

The event was organized by The Excellence in Global Economy (4th Edition), Hongkong on 28th Feb'14. This award was based on an independent survey and was analyzed considering the Leadership, Innovative Services & ability to be responsive to the customers' needs with a dynamic approach & a variety of products.

Gold Shield ICAI Awards 2012-13

for Excellence in Financial Reporting

HDFC ERGO has been awarded Gold Shield ICAI Awards for Excellence in Financial Reporting for the year 2012-13 under the Category III – Insurance Sector by Institute of Chartered Accountants of India (ICAI). The award has been selected by the panel of judges on the basis of degree of compliance with the Accounting Standards, Statutory Guidelines and other relevant pronouncements. Mr. T. S. Vijayan, Chairman, IRDA was the Chairman of the Jury committee for the award.

HR Excellence through technology award 2012

(at Asia's Best Employer Brand Awards)

HDFC ERGO has been awarded Gold Shield ICAI Awards for Excellence in Financial Reporting for the year 2012-13 under the Category III – Insurance Sector by Institute of Chartered Accountants of India (ICAI). The award has been selected by the panel of judges on the basis of degree of compliance with the Accounting Standards, Statutory Guidelines and other relevant pronouncements. Mr. T. S. Vijayan, Chairman, IRDA was the Chairman of the Jury committee for the award.

Best General Insurance Company in India 2013

(by International Alternative Investment Review (IAIR))

The event was organized by The Excellence in Global Economy (3rd Edition), Hongkong on 22nd Feb'13. This award was based on an independent survey and was analyzed considering the Leadership, Innovative Services & ability to be responsive to the customers' needs with a dynamic approach & a variety of products.

Best Employer Brand Award

( IPE BFSI )

This award is presented to those who have surpassed levels of excellence and set an example of being a Role Model & Exemplary Leader in Human Resources. The objective at core is benchmarking talent & HR practices.

Best Investor Education & Category Enhancement – Insurance 2012

( by UTV Bloomberg - Financial Leadership Awards )

HDFC ERGO is declared as a winner under "Best Investor Education & Category Enhancement – Insurance" category by UTV Bloomberg - Financial Leadership Awards 2012. The shortlisting for award in this category was decided based on new innovative products offered to the policyholders, initiatives taken on educating the existing and prospective policyholder, ease of navigation on the website, efficient claim support, complaint resolution rate and the number of complaints received in relation to the market share of the company. The final call on the winner has been taken by the external Jury. It is a single award across life and general insurance companies.

Best General Insurance Company in India 2013

( Health Insurance by International Alternative Investment Review (IAIR) )

The event was organized by The Excellence in Global Economy (4th Edition), Hongkong on 22nd Nov’13. This award was based on an independent survey and was analyzed considering the parameters like Sustainability, Business Results, Strategic Development, High Quality of Services & Leadership.

ICAI Awards for Excellence in Financial Reporting

( for Excellence in Financial Reporting by Institute of Chartered Accountants of India (ICAI) under the Category IV – Insurance Sector )

The award has been given on the basis of degree of compliance with the accounting standards, statutory guidelines and other relevant pronouncements. The panel of judges had reviewed the accounting practices adopted by the participating enterprises in the preparation of financial statements and the policies adopted for disclosure and presentation of financial statements and other information in the annual reports without regard to their financial condition and operating performance.

Awards & Recognition
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