New Delhi: Max Life Insurance, one of India’s leading non-bank promoted private life insurers, a joint venture between Max Financial Services Ltd and Mitsui Sumitomo Insurance Co. Ltd, has been conferred with the prestigious IMC Ramkrishna Bajaj National Quality (RBNQ) Award for 2015 in the Services Category. The award was presented at the “Making Quality Happen” gala award ceremony on March 4, 2016 in Mumbai.
Max Life Insurance was adjudged the winner on the basis of commitment to excellence across multiple layers of leadership and vision to ensure world class quality and business performance. The award was presented to Rajesh Sud- Executive Vice Chairman and Managing Director, Max Life Insurance in the presence of the honorable Chief Guest, F.C. Kohli, erstwhile Deputy Chairman – Tata Consultancy Services.
Acknowledging the award, Mr. Rajesh Sud- Executive Vice Chairman and Managing Director, Max Life Insurance, said, “We are delighted and extremely proud to be conferred with the IMC Ramkrishna Bajaj National Quality Award. Max Life Insurance is consistently looking to raise the bar with regard to its performance through our constantly improving business processes thereby ensuring best-in-class outcomes to our stakeholders. This award is a testament to our passion, drive and commitment showcased towards creating a process oriented organization to achieve all round business excellence.”
The IMC Ramkrishna Bajaj National Quality Awards, considered one of the most prestigious awards in India, recognized 25 renowned organizations across six categories namely service, health care, manufacturing, small business, overseas and education. The awards were first instituted in 1996 to give special recognition to performance excellence in Indian organizations. The winners were selected by a panel of judges at a meeting chaired by Mr Bunker Roy, Founder & Director, Barefoot College on January 22, 2016.
The Award is based on the internationally acclaimed Malcolm Baldrige Performance Excellence Framework which also serves as the foundation of the Max Performance Excellence Framework. Max Life has been recognized for its strengths in the areas of Leadership, Organizational Alignment, Customer Focus and Process Focus. As Max Life Insurance continues to grow from strength to strength in its journey of Quality and Excellence, this award will go a long way in fueling the discipline and vigour needed taking the level of business performance to newer heights of success.