Journey Simplification and Business Resilience slide image

Journey Simplification and Business Resilience

Environment • Social Governance 5 pillars of ESG Inclusive growth Ethical Conduct Financial Inclusion Customer centricity :) Responsible Investment о Diversity, Equity & Inclusion xx swabhimaan The Corporate Social Responsibility wing is aligned with the UN Sustainable Development Goals (SDGs) with focus on Education, Health, Environment, Livelihood & Disaster Relief FY21: 22 CSR projects across 24 states and 3 Union Territories impacting >233K beneficiaries in India Support 10 out of the 17 UN Sustainable Development Goals O In line with the Government's social scheme 'Pradhan Mantri Jeevan Jyoti Bima Yojana', HDFC Life offers HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana Plan, which is a pure group term insurance product o Group Jeevan Suraksha and Group Term Insurance are micro insurance products that have been designed for the members of micro finance institutions, co-operatives, self-help groups, etc. Under these plans, the Company covered a total of 1.1 cr lives till Sep 30, 2021 о Leveraging technology To simplify life insurance for customers through their journey across issuance, claims, servicing, or any other engagement Artificial Intelligence (AI) for text and speech recognition; Machine Learning (ML) to improve persistency; Cognitive bots (software robots) for 24x7 customer service; and Alternate data to enhance underwriting Holistic Living Sustainable Operations 44 о Customer Satisfaction Grievance Redressal Policy о 13th month persistency Complaints per 10K reduced from 47 in FY20 to 38 in H1 FY22 о improved to 91% Improvement in overall Customer Satisfaction (CSAT) Scores ◉ Life
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