HDFC Life launches its musical logo - a unique sonic identity
- India’s First Private Life Insurance Company to create a musical logo MOGO
Mumbai, June 27, 2019: HDFC Life Insurance Company Limited, one
of India’s leading private life insurance companies, launched its sonic
identity (MOGO - musical logo) to be used across customer touch points. HDFC
Life is India’s first private life insurance company to launch a Musical Logo -
MOGO.
The power of
sound is tremendous. It only takes around 0.146 seconds for human beings to
react to sound. ‘Sonic branding’ utilises the ‘sound of a brand’ to evoke a
collective range of emotions and memories associated with a brand. And a MOGO
is the quickest way to trigger this.
Through the MOGO,
HDFC Life is aiming to create a distinct brand sound to help improve recall
every time someone interacts with the brand sonically. The MOGO was developed
keeping in mind the core values of HDFC Life. It is inspired by the Rasas -
Shingara (Love), Veera (Courage) and Shantha (Peace), reflecting the caring,
courageous brand that enables you to live your life with pride.
HDFC Life has had
a reputation for campaigns that resonate with the consumers, including a
musical legacy of jingles, which have received much love and appreciation. With
this MOGO, HDFC Life hopes to build continuity by leveraging the already
present sonic asset of its ‘SarUthaKeJiyo’ (live with pride) tune giving it a
fresh, contemporary new identity whilst retaining the essence of the old tune.
Pankaj Gupta, Chief Marketing Officer,
said, “The advent of technology and rapid
digitization of the world is completely transforming the way consumers live,
work and play, today. HDFC Life as a brand has always had a strong visual
identity. With changing consumer habits, we realized early that sound would
play a critical role in creating brand recall, differentiation and engagement
with our stakeholders. The musical logo creates a sonic identity for a brand
that's in tune with the evolution taking place today, while remaining true to
the brand's core values.”
The MOGO has been
suitably adapted to multiple versions and will be used in touch points like TV,
radio, digital ads and content, events, IVRs, caller-tune, ringtones, call hold
recordings, mobile applications, website etc.
The HDFC Life
MOGO has been created in collaboration with Brandmusiq, who are pioneers in
this space and have coined the term ‘MOGO’. BrandMusiq has created sonic
identities for clients the world over. Founded by Rajeev Raja with Ajit Varma
as co-founder and CEO, BrandMusiq expresses a brand’s essence by applying the
science of sound and the art of music to create powerful sonic branding.
Rajeev Raja sums up: ‘It was very exciting for
BrandMusiq to evolve and contemporize the existing HDFC Life jingle into a
comprehensive sonic identity system with its distinct MOGO®’.
About HDFC Life
HDFC Life Insurance Company Limited (formerly
HDFC Standard Life Insurance Company Limited) ('HDFC Life' / ‘Company’) is a
joint venture between HDFC Ltd., India’s leading housing finance institution
and Standard Life Aberdeen, a global investment company.
Established in 2000, HDFC Life is a leading
long-term life insurance solutions provider in India, offering a range of
individual and group insurance solutions that meet various customer needs such
as Protection, Pension, Savings, Investment, and Health. As on March 31, 2019,
the Company had 38 individual and 11 group products in its portfolio, along
with 8 optional rider benefits, catering to a diverse range of customer needs.
HDFC Life continues to benefit from its presence
across the country with 412 branches and additional distribution touchpoints
through several partnerships. The
partnerships comprise 265 bancassurance partners including NBFCs (Non-Banking
Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance
Banks), etc. and 39 partnerships within non-traditional ecosystems. The Company
is also strengthened by a strong base of financial consultants.