Enterprise Tech Ecosystem Series: Life Insurance Corporation of India 2024

Enterprise Tech Ecosystem Series: Life Insurance Corporation of India 2024


Summary

The report provides information and insights into LIC's tech activities, including -
  • Insights of its digital transformation strategies and innovation programs.
  • Overview of technology initiatives covering partnerships and product launches.
  • Insights on each technology initiative including technology theme, objective, and benefits.
  • Details of estimated ICT budgets and major ICT contracts.
Life Insurance Corporation of India (LIC), owned by the Government of India, is a provider of life insurance plans. The company offers endowment plans, money-back plans, term assurance plans, pension plans, special plans, unit plans, group schemes, child plans, and health insurance plans. It operates through zonal offices in Mumbai, Kolkata, Chennai, Hyderabad, Delhi, Kanpur, Bhopal, and Patna. LIC offers insurance products in India through associates and agents. The company and its associates also have operations in Fiji, Mauritius, the UK, Bahrain, the UAE, Kuwait, Qatar, Oman, Nepal, Sri Lanka, Saudi Arabia and Kenya.

Scope
  • The report provides insights into company’s tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives.
Reasons to Buy
  • Gain insights into LIC's tech operations.
  • Gain insights into its tech strategies and innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into various product launches and partnerships.


Overview
Digital Transformation Strategy
Accelerators, Incubators, and Innovation Programs
Technology Focus
Technology Initiatives
Partnership Network Map
ICT Budget
Key Executives

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