10,000+ SBI Life Advisors Improve Bancassurance Activities by 2x

SBI Life has one of the largest networks of associated banks. Their sales are largely driven through agency and bancassurance channels. Within each branch that the field sales representative handles, he empowers them to resell SBI Life insurance policies.

SBI’s vision was to take advisor and partner engagement online. Client concerns about privacy and security are justified, so how do you transform a non-mobile-friendly user to switch channels and get him thinking about the “what’s in it for me?” angle?

What do we do?

Vymo’s technology and infrastructure constantly evolved to handle the scale and complexity of SBI. Cloud setup made this possible without any downtime impact on a live deployment. Vymo was being used to handle millions of requests each week.

SBI Life is enabling digital salesforce transformation for their field teams with Vymo, their first cloud-based implementation. With high visibility for both managers and agency teams, Vymo is helping SBI Life operatives take better daily business decisions.

Vymo in SBI Life was internally rebranded as SAATHI. Earlier this year, it won the ‘Best Sales Enablement technology’ award at the 13th Edition of The Customer Fest Awards, 2020.

Impact with Vymo

Increase in Bancassurance and Agency activity planning with a 90% completion rate
Increase in the revenue generated per sales rep, a >106x RoI on Vymo
Difference in advisor recruitment