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Swot Analysis Of Hdfc Life

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CHAPTER – 1 INTRODUCTION TO THE STUDY HDFC Life is a leading name in the insurance sector in India, for the smooth functioning of the daily mail & other paper work there is a necessity of envelopes & stationary. HDFC life is operating PAN India with different Life Insurance products and services so there is a need for different types of envelopes to be used within the organization & to send postal letters to the clients. The postal letters are sent to the clients so there is a regular demand of different types of stationary & envelopes at each of the branch office of the HDFC Life PAN India. Currently HDFC Life does not have proper stationary requisition in branches, so it is faced with many challenges in daily paper work due to non standard …show more content…

Since its inception, it has consistently focused on setting benchmarks in all aspect of insurance business. HDFC Life continues to have the widest reach with about 400 branches in India touching customers in over 900 cities and towns. The company has also established a liaison office in Dubai. The company has a strong presence in its existing markets with a strong base of Financial Consultants. HDFC Life is a joint venture between Housing Development Finance Corporation Limited (HDFC), India’s leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom. HDFC Ltd. holds 71.42% and Standard Life (Mauritius Holding) Ltd. holds 26.00% of equity in the joint venture, while the rest is held by others. CORPORATE OBJECTIVE: Vision The most successful and admired life insurance company, which means that we are the most trusted company, the easiest to deal with offer the best value for money and set the standards in the industry. The Most Obvious Choice for All Values  Excellence  People Engagement  Integrity  Customer …show more content…

They are all four symbiotic: technological developments affecting one obviously ricochet through the others: addressing machines print addresses, postage stamps are a print product, franking machines imprint a frank on an envelope. If fewer envelopes are required; fewer stamps are required; fewer franking machines are required and fewer addressing machines are required.[citation needed] For example, the advent and adoption of information-based indicia (IBI) (commonly referred to as digitally-encoded electronic stamps or digital indicia) by the US Postal Service in 1998 caused widespread consternation in the franking machine industry, as their equipments were effectively rendered obsolescent and resulted in a flurry of lawsuits involving Pitney Bowes among others. The advent of e-mail in the late 1990s appeared to offer a substantial threat to the postal service. By 2008 letter-post service operators were reporting significantly smaller volumes of letter-post, specifically stamped envelopes, which they attributed mainly to replacement by e-mail. Although a corresponding reduction in the volume of envelopes required would have been expected, no such decrease was reported as widely as the reduction in letter-post volumes.

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