Page 262 - DMGT303_BANKING_AND_INSURANCE

Unit 12: Insurance

Notes

Case Study Customer Case Studies – Sahara India Life Insurance

A little about Sahara India Life Insurance

Sahara India Life is the first private sector company in the domestic Life Insurance sector
to go solo without any foreign partner. SILICL is promoted by Sahara India, a USD 7,000
million diversified conglomerate having varied business interests in Public Deposit
Mobilisation, Housing, Aviation, Media and Entertainment and new forthcoming projects
like Consumer Products, Information Technology, Hospitals and Agricultural products.
Sahara India is a unique business organisation that takes pride in being not just a business
enterprise but an emotionally integrated family, the world's largest family of over 600,000
members. Sahara India started 25 years ago with a small savings venture having assets of
just USD 45 and only 3 members. Today, it is a major corporate entity having an asset base
of over USD 7,000 million and 1707 establishments across the nation.
The company's growing pains
Sahara India was launching their Insurance division. As an Insurance company they had to
have a ready and reliable back up for their customer data.
All in all, Sahara required an integrated solution that would provide them the following
benefits:
1. Better manageability through server consolidation
2. Create redundancy to support criticality of their applications

3. Flexibility to scale up servers as and when required
4. Low total cost of ownership of IT infrastructure.

The IBM solution.
Sahara India Insurance chose IBM as its partner to help with its IT infrastructure. Computer
Science Corporation's (CSC) applications span a wide spectrum of IBM platforms, including
S/390, AS/400 (iSeries) and NetFinity, in addition to using a broad variety of IBM
middleware technologies. Clients benefit from this alliance by virtue of CSC having early
access to IBM's technologies and the subsequent ability to leverage these unique
technologies into insurance applications by CSC.
It is no surprise that more than five of the top private life Insurance companies in India
like ICICI Prudential, Tata AIG, ING Vysya, AMP Sanmar, IFFCO Tokio, etc. now run on

Contd....

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