SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI owns 74% of the total capital and BNP Paribas Cardif the remaining 26%. SBI Life Insurance has an authorized capital of Rs. 2,000 crores and a paid up capital of Rs 1,000 crores.
SBI Life has been using Whizible Initiative and Whizible SEM for the past 10 years. They are using Whizible Initiative Workflow capability to capture various ideas and requirements required by various divisions from Software’s Products used across ICICI. They also get the approval and prioritisation done for these initiatives from Whizible Initiative itself. Once the Initiative is approved, they a Project is created in Whizible SEM and further tracking of Project, Issues and metrics is done through Whizible SEM.