Ageas Federal Life Insurance Recognized as India’s Best Employer

MUMBAI:
Ageas Federal Life Insurance, one of India’s leading private life insurers, proudly announces its recognition as among the top Kincentric Best Employers 2024, a highly prestigious acknowledgment globally. The company is among India’s Top Best Employers recognized by globally renowned Kincentric.

This prestigious recognition is part of Kincentric’s detailed evaluation, which honours organizations that excel at nurturing their workforce, promoting employee engagement, and fostering growth and improve their employee practices to get better results in business. based on a thorough evaluation by the globally renowned Kincentric platform, honors organizations that excel at nurturing their workforce, promoting employee engagement, and fostering growth. It is part of Kincentric’s detailed evaluation, which acknowledges companies that improve their employee practices to get better results in business.

Delighted with the recognition Kapil Udaiwal, Chief Human Resources Officer at Ageas Federal Life Insurance said, “We take great pride in being acknowledged as a Kincentric Best Employer in 2024. This recognition underscores our ongoing commitment to nurturing a workplace culture where employees feel appreciated, empowered, and motivated to thrive. Moreover, being recognized as a Best Employer for the second time by Kincentric goes beyond receiving a trophy; it signifies a dedication to continually prioritizing the experiences of our people.”

“As we commemorate this significant milestone, we extend our sincere appreciation to our employees, whose commitment and enthusiasm are integral to our accomplishments,” adds Udaiwal.

As part of its ‘Employee First’ philosophy, Ageas Federal Life Insurance empowers its employees by:
· Building a diverse workforce and ensuring fair and equal treatment for all employees. This includes fostering a culture of continuous learning and caring for their health and well-being. The dual focus from both immediate and top leadership serves as a distinguishing factor in enhancing engagement.

· Implementing measures and policies aimed at enhancing the physical, mental, and financial well-being of employees. Furthermore, providing learning and development opportunities to improve skills, assume additional responsibilities, and progress within the company. This includes a well-articulated and widely embraced Employee Value Proposition (EVP), a robust alignment with the business strategy, and a workforce that feels appreciated.

· Providing enhanced insurance coverage in various ways to provide better financial protection and peace of mind for its employees and their families.

The company’s dedication to providing an exceptional employee experience has earned them consistent recognition including as a Great Place to Work® for five consecutive years. The company has also been featured amongst ‘India’s Best Workplaces in BFSI – Top 50’ by the Great Place to Work® Institute (India) for the third time.