SBI Life Insurance Company Limited is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.
In 2007, CRISIL Limited, a subsidiary of global rating agency Standard & Poor's, gave the company a AAA/Stable/P1+ rating. SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a life insurance company in India.
Technology In May 2026, SBI Life Insurance implemented an artificial intelligence-based underwriting system developed by Datamatics. The system, called TruAI Underwriting, is designed to automate the analysis of medical reports and assist in risk evaluation for complex insurance cases.
History The company incorporated in Mumbai on 11 October 2000. SBI Life started as a joint venture with BNP Cardif S.A in 2001. In its initial stage its business was mainly from bancassurance channel.
References
External links SBI Life's official website