SUD Life Insurance adds values to its Board of Directors by implementing Dess

Nov 11, 2022


Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) is a joint venture between two of India’s leading public sector banks, Bank of India and Union Bank of India, and Dai-ichi Life Holdings, a leading life insurance company in Japan. It has a robust collective network of over 15,000 branches and is one of the largest life insurance distribution footprints providing services to more than 9.2 million customers. 

Regional Rural Banks have also been sponsored by the Bank of India and Union Bank of India, giving SUD Life access to more than 1950 branches that offer life insurance products in rural areas in addition to the footprint in urban areas. Dai-ichi Life, one of the parent companies of SUD Life, was established in 1902 and is the second-largest life insurance company in Japan. It is also one of the top ten life insurers globally.

About SUD Life:

  • A strong union promoted by Bank of India, Union Bank of India, and Dai-ichi life, Japan.
  • Wide presence across 15,000 locations 
  • Far and wide products for all life insurance needs
  • More than 9 million customers

Dess Advantage:

SUD Life made the decision to switch to the Dess Digital Meetings software solution for paperless board and committee meetings in order to manage the duty of consistently collaborating on critical board-level engagements.

Dess has been a trusted agenda management solution for SUD Life because of its end-to-end functionality, including agenda management, draft minutes management, attendance and reports, digital signature integration, agenda distribution,  and circular resolutions, workflow management, one-touch VC integration, among other features.

The board of directors and management team at SUD Life has found the Dess Board Portal software to be very user-friendly. With directors situated in different countries and locations including Tokyo, Mumbai among others, SUD Life has found Dess to be a reliable board meetings solution for directors of varying age groups and backgrounds. The agenda management solution has also provided a holistic experience to directors at SUD Life with its cross-platform facility compatible with iOS, Windows, and Android devices.

Mr. Rakesh Kumar, CS of SUD Life Insurance said, “We’re using Dess since 2016 for managing our Board and Committee meetings. Their software is really user-friendly for the Directors. The technical team of Dess Digital Meetings is really supportive in terms of improvement in their software to meet the requirements of the company.”

We value our association with Star Union Dai-Ichi Life Insurance as their board meetings solution partner. Our endeavor is to consistently leverage the power of technology to deliver the finest experience to SUD Life” said Mr. Dilip Ganeriwal, Founder and Managing Director of Dess.

The Dess Board Portal software has improved board collaboration, management communication, and organizational governance which has resulted in greater corporate governance standards for SUD Life.

Delivered as a one-stop board meetings software for SUD Life:

  1. End-to-end board portal software addressing pre-meeting, during-meeting, and post-meeting requirements
  2. Paperless board and committee meetings with cross-platform compatibility for all major devices such as laptops, desktops, tablets, and smartphones and all operating systems including Android, iOS, and Windows
  3. Minutes management solution with in-built automatic activity tracking and action taken reports, agenda builder, and minutes builder
  4. Online approvals with digital signature and e-signature compatibility and workflow management software
  5. Calendar management for the board of directors with automatic board meetings scheduling and attendance management
  6. Notings and annotations including shareable and private comments, drawings, and highlights with offline use for on-the-go access
  7. Configurable reports for compliance management and tracking corporate governance and ESG goals
  8. Board evaluation and performance evaluation with configurable and confidential reports

About Dess:

Dess Digital Meetings is the world’s easiest-to-use board portal software for paperless board and committee meetings. Leading organizations in over 25 countries prefer Dess as their choice for efficient and effective board management software.

Dess believes in enhancing the value of information globally by harnessing unstructured data to empower the right people at the right time using the right technology. With its group of highly competent and motivated people, it has implemented several first-of-its-kind solutions.

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