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Tag: PNB MetLife

PNB MetLife launches 8th edition of Junior Badminton Championship

National, 17th July, 2024 – PNB MetLife, one of India’s premier life insurance companies, proudly announces the 8th edition of its Junior Badminton Championship (JBC), which is set to ignite the passion and potential of young badminton enthusiasts across the country. Building on the resounding success of preceding editions, the championship aims to continue its legacy of fostering sportsmanship, skill development, and the pursuit of excellence among India’s young shuttlers.

This year’s championship spans 10 major cities: Delhi, Mumbai, Bangalore, Guwahati, Kochi, Jalandhar, Ahmedabad, Hyderabad, Ranchi, and Lucknow, providing a stage for young players to showcase their skills and compete at a state level. The city matches are scheduled to commence in New Delhi on 1st August.

Since its inception, the PNB MetLife Junior Badminton Championship has grown in stature and popularity. The past 7 editions have attracted over 48,000 participants in more than 38,000 matches. The championship was recognized by the World Record Certification Agency (WRCA) with a World Record for ‘Most kids participating in a Badminton Championship in multiple cities’ two years in a row, in 2022 and 2023.

Serving as a pivotal platform for aspiring players aged between 7 and 17, the PNB MetLife Junior Badminton Championship offers categories ranging from Under 9 to Under 17, with matches conducted in singles format. Each participant can play in a maximum of two age categories, as long as the maximum age limit is upheld.

Sameer Bansal, MD & CEO of PNB MetLife, expressed his enthusiasm for the upcoming games. “The PNB MetLife Junior Badminton Championship has become synonymous with nurturing talent and promoting sportsmanship among the youth of our nation. Over the years, the championship has grown exponentially. As we gear up for the 8th edition, our focus remains on providing budding shuttlers with a platform to showcase and refine their talents, setting them on the way to achieving their big dreams. We look forward to an even larger turnout this year and to continuing our mission of encouraging and empowering the next generation of athletes.”

Asian Games Gold Medalist and PNB MetLife Junior Badminton Championship mentor, Chirag Shetty, shared his excitement. “It’s an incredible honor to continue my association with PNB MetLife Junior Badminton Championship as a mentor for a second year. My passion for badminton compels me to give back to the sport that has shaped my life, and I’m excited to help the next generation discover their potential and love for the game through JBC. The championship provides a fantastic platform for young players to learn valuable lessons in sportsmanship and perseverance. As mentors, both Satwik and I are looking forward to guiding and motivating these young athletes, sharing our experiences to help them navigate their sporting journeys.”

And Satwiksairaj Rankireddy, his doubles partner, Asian Games Gold Medalist and fellow JBC mentor, added, “I’m thrilled to continue my role as a mentor for the PNB MetLife Junior Badminton Championship. This initiative is more than just a tournament; it’s a steppingstone for young badminton players to hone their skills and to achieve their dreams. It’s incredibly fulfilling to mentor these young champions and witness their growth and passion for the sport. This initiative is truly building the future of Indian badminton.”

JBC remains committed to promoting excellence and fostering a strong badminton ecosystem in India. Through initiatives like the JBC Boot Camp, endorsed by top Indian players and coaches including Prakash Padukone and Ashwini Ponnappa, participants receive expert guidance and training to enhance their game.

The complete tournament schedule:

City Event start date (T) Event end date (T)
Delhi 01-Aug 06-Aug
Guwahati 07-Aug 10-Aug
Bangalore 10-Aug 14-Aug
Kochi 26-Aug 29-Aug
Mumbai 27-Aug 1 Sept
Lucknow 01-Sep 05-Sep
Ahmedabad 07-Sep 10-Sep
Ranchi 07-Sep 10-Sep
Jalandhar 18-Sep 22-Sep
Hyderabad 24-Sep 28-Sep

PNB MetLife Achieves Highest Claim Settlement Ratio of 99.2% for Individual Claims in FY 2024

National, July 3, 2024: PNB MetLife, one of India’s leading life insurance companies, has achieved a claim settlement ratio of 99.2% for individual claims in FY2024, up from 99.06% the previous year. This achievement underscores PNB MetLife’s unwavering commitment and focus on customers’ financial security and care.

This financial year, PNB MetLife paid 5679 claims totaling Rs 462.20 crore, delivering on its promise to policyholders and their families with prompt and efficient support in their moment of need. In the last five years, PNB MetLife has paid Rs 2,106.03 crore towards individual claims on 28,737 life policies, solidifying its position as a trusted provider of financial protection solutions.

Sameer Bansal, MD & CEO of PNB MetLife, stated, “At PNB MetLife, we know how important insurance is to our customers’ financial security and peace of mind. And that’s why we have made it easy for them to sign up online, manage policies with our customer service app- khUshi, and get claims decided in three hours. Our 99.2% claim settlement ratio is a result of our relentless dedication to customer satisfaction and operational excellence.”

PNB MetLife has invested significantly in digital resources and automation to streamline the claims process, reducing turnaround times so claims are processed swiftly and efficiently, and enhancing overall customer experience.