Tuesday, June 26, 2012

Bharti AXA General Insurance proud winners of “Top 100 CISO Awards” 2012


Bharti AXA General Insurance proud winners of “Top 100 CISO Awards” 2012
 Bharti AXA General Insurance secured the prestigious “Top 100 CISO Awards 2012”. Parag Deodhar, Chief Risk Officer (CRO) and Chief Information Security Officer (CISO) at Bharti AXA GI received this esteemed award for incorporating and implementing innovative Information Security solutions so as to win and maintain our customers’ trust. The security solutions were developed using Bharti AXA’s Information Risk Management framework which is designed to meet local regulatory as well as best in class international security standards.


The ‘Top 100 CISO Awards’ is envisioned by InfoSecurity Magazine partnering with iViZ Security, a cloud based penetration testing service to acknowledge the outstanding dimensions of the companies IT practices and their tangible results in their daily functioning.

Commenting on receiving the award, Dr. Amarnath Ananthanarayanan, CEO & MD, Bharti AXA General Insurance said “We are delighted to have won this award as Data privacy and safety is of primordial importance for us, our customers and our partners. It also gets us one step closer to becoming the preferred insurance organization for our partners & customers.We look forward to providing enhanced customer and partner centric insurance solutions and redefine the general insurance industry in India.”

Bharti AXA General Insurance:

Bharti AXA General Insurance Company Ltd is a joint venture between Bharti Enterprises, a leading Indian business group and AXA, a world leader in financial protection. The joint venture company has a 74% stake from Bharti and 26% stake of the AXA Group. Presently the organization has cashless facilities in over 3800 network hospitals and over 2000 garages as well as 24/7 claims registration through multi-modal channels like e-mail and SMS. Incorporated on 13th July 2007, Bharti AXA General Insurance is headquartered in Bangalore.

The organization commenced national operations in August 2008 and currently has 132 points of presence in 50 branch offices across the country. It holds a market share of 3.58% among private general insurers (FY 2012). The company has had a capital infusion of over INR 850 crores so far. Bharti AXA General Insurance is the only Indian company in the Life & General Insurance category to have been nominated for and won the “Risk Manager of the Year” award at the Asia Insurance Industry Awards 2011. The organization was also awarded the prestigious “Personal Lines Growth Leadership Award 2011” at the India Insurance Awards 2011 and this year the “Best Product Innovation Award” and “Commercial Lines Growth Leadership Award”. Further, it is also the first organization in the GI Industry to receive dual certifications of ISO 9001:2008 & ISO 27001:2005 within the first year of operations in 2009 and subsequently the certification has been renewed in 2010 & 2011.

Sourced From: Hanmer MSL