Tag: Aegon Life

Business World

Aegon Life elevates Manish Falor as Chief Financial Officer

Jun 4, 2021 by Rekha Nair 0 Comments #Aegon Life, #Chief Financial Officer, #Manish Falor, #MD & CEO, #Satishwar Balakrishnan

Hyderabad: Aegon Life, a pioneer in digital life insurance, has announced the appointment of Manish Falor as its Chief Financial Officer. In his new role, Manish Falor will lead the company’s finance function with the aim to strengthen the business performance and growth of the company.

Manish joined Aegon Life in 2008. During his professional tenure of nearly two decades, he has led various functions of financial control, reporting, and business planning operations.

Satishwar Balakrishnan, MD & CEO, Aegon Life, commented on the appointment “We are delighted to have Manish take over the new role within the organization. His unique expertise in business planning and proficiency in accounts and financial management has helped us create value among our key stakeholders over the past 12 years. We are certain that Manish, in his new role, will help in Aegon Life’s growth in years to come. His clear vision, and leadership skills will position us for greater success.”

Speaking on his appointment, Manish added, “I am excited to take over the new role at Aegon Life. With the help of advanced technology, innovation, and a fresh approach towards insurance, Aegon Life has paved the way for digital life insurance in India. We have many firsts to our merit when we speak of innovation in the Indian life insurance industry, and we are gearing up to transform the way customers buy life insurance policies in India. It has been an amazing journey so far and I look forward to taking our business transformation to a new level.”

Prior to Aegon Life, he worked with Lovelock & Lewes and Price Waterhouse Coopers (PwC, London), engaging with multiple insurance and investment management clients. Manish is a Chartered Accountant (CA) and a Cost and Works Accountant (CWA) by qualification. He has also completed a management certification program on Digital Disruption in Insurance from INSEAD, France.

Business World

Aegon Life introduces Work from Anywhere (WFA) policy for all its employees

Apr 1, 2021 by Neel Achary 0 Comments #Aegon Life

Hyderabad: Aegon Life, India’s leading digital life insurance company, is leaning in to the new normal by introducing a “Work from Anywhere (WFA)” policy effective April 1st, 2021. With the introduction of this practice, all Aegon Life employees will have the flexibility and convenience to work from anywhere in India and contribute to organisational growth.

Sunita Rath, Chief People Officer at Aegon Life shares, “We have always held the belief that people are our key assets and emphasized the need for the right practices that can empower our people. The WFA policy that we have introduced upholds this belief.”

She further adds, “We have constantly redefined the sector in which we operate, right from being the pioneers of online term plans in India, to becoming the leading digital-only life insurance company in the country. We are not only the first life insurance company but are amongst the first organisations in the country to formally adopt a fully WFA work policy. Needless to say, we will still have our office space to enable employees to meet, brainstorm, connect and collaborate. With WFA as our new normal, we will adopt other suitable digital tools and solutions to engender a culture of agile policies and proactive support.”

This holistic and well-thought-out approach to work is designed to protect people interests and provide necessary leverage to achieve organisational goals. Salient features of this practice include:

  • Flexibility: Work from home, or from any location within India, on an ongoing basis, irrespective of the location of work mentioned in the terms of employment.
  • Introduction of core working hours: To help strike an optimal work-life balance, we have brought in the concept of core working hours. All managers and teams are encouraged to plan e-meetings and con-calls at specific times during the day to ensure that hours outside of these timeslots are used to balance their family and work commitments.
  • Introduction of a ‘No Meetings Day’: The second Wednesday of every month has been designated as ‘No Meetings Day’, with no prescheduled calls and meetings. This will enable uninterrupted work and focus on projects.
  • Support to enable WFA / Home Office: A one-time reimbursement for setting up one’s home-office. Further, necessary technology will be made available to all employees to enable a seamless and secure working environment.
  • Focus on emotional well-being: Recognising the challenges that one can face while working from home, employees have been requested “not to be apologetic” for inevitable disturbances (of being at home) during official meetings/calls. Further, regular online wellness sessions are organised to support mental and emotional well-being.

About Aegon Life

Aegon Life, India’s leading digital life insurance company, was the first life insurance company to launch Online Term Insurance Plans in India. By focusing on innovative digital-first solutions, its vision is to enable customers to lead tension free lives and be the most recommended new age Life Insurance Company. The company’s Direct to Customer focus establishes a direct dialogue with the customers enabling greater clarity and transparency. Being the online protection specialists, Aegon Life has a dedicated customer service team that is geared to provide superior customer experience.