PRESENTATION ON METLIFE

PRESENTED BY:-
VIKAS DHAR(12/09)
AKASHDEEP SINGH(44/09)
 MetLife Inc.

Type Public (NSE: MET)
Industry Finance and Insurance
Founded 1868
Headquarter New York, NY
Key people C. Robert Henrikson, Chairman of the
Board, President, and CEO

Products Insurance, Banking
Revenue ▲$44.776 billion USD (2005)
Net income ▲$4.651 billion USD (2005)
Employees 52,900 (2010)
Website www.metlife.com
 MetLife®

 139 years Legacy of helping build Financial Freedom for all

 Fortune 500 Company.

 Indian Operation started on April 11th 2001.

 MetLife India is a result of Joint Venture between MetLife

International ,J&K Bank and other investors.
 MetLife®
Contd…
 Among the Top Five private player in Insurance Sector in India.

 Strong force of 25,000 Financial advisors.

 MetLife in India is headquartered in Bangalore.

 Present in 72 Cities through 90 Offices.

 In Partnership with many Banks i.e. Barclays, UTI, J&K Bank etc.
 Vision
« To be a formidable player in the Indian Life Insurance Industry »

« To be an organization with a significant market share »

« To be a truly national player »

« To create shareholder value and deliver profit as per our plans »

« To have competitive products that are the best in the industry »
 Mission Statement

 To be recognized as the financial services firm of choice in the

communities we serve, today and tomorrow.

 We succeed at accomplishing this by putting our client's needs first

and making certain we focus on building financial freedom for them
and their loved ones.
 VALUES

 Personal Responsibility.

 People Count.

 Partnership.

 Financial Strength.

 Integrity & Honesty.

 Innovation.
 Insurance

“Defense against Financial Failure; Financial

Independence”
 You need Insurance
 If you need Protection.

 If you need Savings.

 If you need Investment.

 If you care for your beloved Ones.

 If you need Financial Security.

 If Unforeseen even can happen in future.

Growth In Insurance Market

25
20.4
20
17.17
15.61 2002-03
15
11.25 11.57 2003-04
10 2004-05
2005-06
5
2006-07
0
2002- 2003- 2004- 2005- 2006-
03 04 05 06 07
Have you met life today?
 Have you met life today?

‘Life’ in MetLife to mean more than Life

Insurance. It’s about the celebration of
life, beginning and the financial freedom
that leads to life significance 
 Product Portfolio
Multi-Purpose Plans
For ever changing needs in Protection Plans
life Ensure that your obligations
:ULIP are meant in the event of
-Met Smart Plus death and Disability.
-Met Smart Premier Protection -Met Suraksha
Policies -Met Mortgage

Retirement Plans
Accumulation Plans Provide additional
Assist in funding Multi income to
child’s education, Purpose Retirement supplement
Marriages etc Accumulation Policies savings.
:Whole Life Policies -Met Pension
:Endowment -Met Advantage
-Met 100 Plus
 Market Share

10% LIC
5%
MetLife
8%

3% ICICI
Prudential
Bajaj Allianz

74% Others
 Various Products & Services Offered By
Met Life
 Protection Plans
Met Suraksha.
Met Suraksha TROP.
Met Mortgage Protector.
 Saving Plans
Met Sukh.
Met Suvidha.
Met Saral.
Met 100.
 Investment Plans
Met Smart Premier-Regular.
Met Easy Met Smart Plus-Regular Pay.
Met Smart Premier-Single Pay.
Contd….
 Child Plans
Met Bhavishya.
Met Junior Endowment.
Met Little Star.
Met Junior Money Back.
Met Magic.
 Retirement Plans
Met Growth.
Met Advantage Plus.
Met Pension Par.
 Group Plans
Met Loan Assure.
Met Group Life.
Met Group Life in lieu of EDU.
Met Group Gratuity.
 Sales & Marketing Strategies
 Developing a Sound Sales Plan and Management
Strategy
 Developing Strong and Innovative distribution
Channel
 Bancassurance
 Brand Building
 Product Development
 Public Relations and Internal Communication
 Recruiting Dynamic and High Quality Sales
Professional
 Marketing Tools
 Tele Marketing - Direct Marketing in which sales person uses
telephone to solicit prospective customers to buy product and
services.

 Database Marketing - Analyze customer database and use the

results to form future projection that help to improve
efficiency and develop new products

 Bancassurance -Selling of insurance through a bank’s

established distribution channels. Penetrating rural market
using Bancassurance Medium only
 Five Key Focus Areas
People
Product
Infrastructure
Branding
Customer Service
 SWOT ANALYSIS
Strengths Weaknesses
•Quality Distribution channels •Limited Market Penetration
•Strong Underwriting •Low Market Share
•Not a well know name in Interiors of India
•Strong Brand Name
•FDI allowed only upto 26%
•Quality products and Services

Opportunities Threats
•Cross sell financial Services are Untapped •Increasing expenses and Low Profit Margins
•Untapped Rural Market •Government Regulations and political
•Brand and Line Extension situation
•Niche market •Vulnerable to entry of new Players
•Increasing Interest rate
 Corporate Social Responsibility

 Respect.

 Equal Employment Oppurtunity.

 Sexual Harrassment and Other Discriminatory Harrassment.

 Business Conduct Certification Program.

 Conflicts of Interest.
 Future Plans
 Goal of 5 million customers by 2011.

 Further Expand operations to Class B and Class C cities and

part of rural India

 Aggressive Growth plans of 100% joy for next 2-3 years.

 To capture a market share of 5% in Indian Insurance Sector

 MetLife International plans to increase its stake in the Indian

Subsidiary
Thank you