Pioneer Assurance Consultants Ltd. was formed in the year 2003 with the aim to provide personal and corporate insurance solutions to the fast growing insurance market in India. Initially it forayed into the life insurance segment by joining hands with ICICI Prudential Life Insurance Co. Ltd, the leading private life insurance player of India. It went on to become one of the leading corporate agents for ICICI Prudential Life Insurance Co. Ltd. and continues to hold the bastion with utmost pride.
Feeling the need to spread its wings to the other fields of insurance as well, Pioneer Assurance tied up with The Oriental Insurance Co. Ltd. in the General Insurance space and later on with The Apollo Munich Health Insurance Co. Ltd. in the stand alone Health space.
With the advent of Open Architecture from IRDAI in April 2016, the space for corporate agents has really opened up and Pioneer Assurance certainly plans to grab the opportunity provided by the regulator to join hands with some additional Insurance Companies to further its journey towards growing success.