MUMBAI: Financial services company ING has awarded Law & Kenneth the creative duties for its life insurance arm, ING Life.
The media spend on this account is estimated to be in the range of Rs 180-200 million, though this doesn‘t include spends on events and promotions.
The Mumbai team will handle the account.
Rediffusion-Y&R was the incumbent on the business.
ING Life India executive vice-president marketing Mohit Goel said, “We have been through an ‘exciting and intensive‘ evaluation process, during the course of which we tested multiple advertising agencies on their strategic thinking and planning capabilities. The process followed by us was quite different from a typical evaluation of an agency, which is largely based on creative output and capability. We felt that Law & Kenneth‘s expertise in planning and strategy will add a lot of value to our business. We look forward to a fruitful and long-term relationship.”
Law & Kenneth chief executive officer and managing partner Anil Nair said, “Being chosen as the creative AoR (agency of record) by ING Life Insurance India is a matter of great honour and pride for us at the agency. ING Life India has big plans to achieve a leadership position in the life insurance business in India, and we are excited to partner it to fulfill that goal.”
JWT Bangalore has handled the creative mandate for this account in the recent past; the agency won the account in April 2008. The agency created a commercial for ING Bank that marked the brand‘s very first official campaign in India. Prior to 2008, the creative mandate for ING Bank (earlier known as ING Vysya Bank) was with Rediffusion.
