Aditya Birla Sun Life Insurance Company Limited (“ABSLI”), the life insurance subsidiary of Aditya Birla Capital, opened its first-ever all-women branch in Mulund (West), Mumbai, aimed at specifically empowering women through meaningful career opportunities. The move reinforces the company’s commitment at strengthening its presence within the city and expanding its distribution footprint to serve customers across the suburban district.
ABSLI’s first all-women branch in Mulund, Mumbai inaugurated by Mr. Kamlesh Rao, MD & CEO of Aditya Birla Sun Life Insurance in the presence of other company officials
The branch will be manned by 50 women and the company has plans to onboard additional workforce in the coming months. The all-women’s branch fosters a supportive environment for professional growth while ensuring work-life balance. A standout feature of the Mulund Branch is its dedicated play area, allowing employees and advisors to work efficiently while their children remain engaged within the premises.
Mr. Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance Company Limited, said, “Women invariably find themselves always at the center of expectations, responsibilities, sacrifices, aspirations, and life-changing circumstances. The launch of our first ‘all women’s branch’ reflects our commitment to creating opportunities for women to build sustainable careers. By providing a supportive work environment, we aim to help them achieve financial independence.”
This branch opening comes on the heels of International Women’s Day and Diversity, Equity and Inclusion initiatives driven across various businesses of Aditya Birla Capital to celebrate the power of allyship, empowerment, respect and equal opportunity that supports women.
About Aditya Birla Sun Life Insurance Company Limited
Aditya Birla Sun Life Insurance Company Limited (“ABSLI”) is a part of Aditya Birla Capital Ltd (“ABCL”). ABSLI was incorporated on August 4th, 2000, and commenced operations on January 17th, 2001. ABSLI is a 51:49 a joint venture between the Aditya Birla Group and Sun Life Financial Inc., an international financial services organization in Canada. ABSLI offers a range of products across the customer’s life cycle, including children future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans and Unit Linked Insurance Plans (“ULIPs”).
As of Dec 31, 2024 total AUM of ABSLI stood at Rs. 97,286 Cr. ABSLI recorded a gross premium income of Rs. 13,605 Cr. and registering a y-o-y growth in Gross Premium with Individual Business FYP with Single Premium at 10% at 22.5%. ABSLI has a nationwide distribution presence through 380+ branches, 11 bancassurance partners, 6 distribution channels, over 62,600+ direct selling agents, other Corporate Agents and Brokers through its website. The company has over 29,000 employees and 20.58 lakh active customers
