Life Insurance Corporation of India (LICI) is a global Life Insurance company with headquarters in Mumbai, India. LICI operations cover over 14 countries in Asia, Europe, Africa and Oceania (Pacific). The company's present asset base is over US$338 billion making it one of the largest financial institutions. LICI has over 290 million customers served by nearly 3100 offices worldwide. For information on LICI and its operations please visit www.licindia.in.
For full information on LICI (Fiji Operations), please navigate through this site. Your suggestions and comments are welcome.
“To be the preferred life insurer of the people of Fiji by providing innovative life insurance products and world class service at affordable rates”.
“Explore and enhance the quality of life of people through financial security by providing products and services of aspired attributes with competitive returns, and by rendering resources for economic development.”
You will be pleasantly surprised to know that your friendly neighbourhood life insurance company has broken many world records. Some of the milestones and achievements of LICI are
- LICI is the World’s Largest Life Insurance Company in terms of number of policies serviced- LICI has over 290 million customers worldwide
- LICI has sold the largest number of policies in the world in a year. LICI sells over 30 million new policies every year across the globe. This record has been maintained ever since 2005 and makes LICI perhaps the only Life Insurer globally to achieve this unique feat- year after year
- LICI has the world’s largest agency force network. LICI has over 1.2 million agents – more than the population of Fiji and the numbers are increasing every day
- LICI holds the world’s highest claims settlement record. LICI settles a claim every time you breathe! Every year LICI settles over 20 million claims- by way of maturity of policies, anticipated payments and death claims
- Over 114,000 employees and 3100 offices. LICI has a very large, dedicated and capable workforce that is capable of extending excellent customer service. All offices of LICI are fully automated and interconnected providing state of the art services to customers worldwide
- LICI has been recognized internationally and given several awards and citations by leading institutions. In Fiji, LICI is the winner of the Fiji Business Excellence Prize 2017 under the Fiji Business Excellence Awards framework- the first insurance company to be granted this recognition
- Life Insurance Corporation of India is a statutory company which came into existence through an act of the Indian Parliament in 1956. The global headquarters of the company is in Mumbai, India with operations across countries like Fiji, U.K, Mauritius, Singapore, Bahrain, Kuwait, Oman, Qatar, U.A.E., Saudi Arabia, Sri Lanka, Nepal and Kenya. Plans are underway to establish offices in Australia and New Zealand