R. M. Vishakha

IndiaFirst Life Insurance Co. Ltd. (IndiaFirst Life) is an insurance holding firm headquartered in Mumbai, India. It was founded in 2008 by Bank of Baroda, Andhra Bank and Great Britain-based Legal & General Group. In 2022, the firm became a majority subsidiary of government-owned Bank of Baroda (NSE: BANKBARODA). IndiaFirst Life offers a suite of products including health, protection, retirement, savings and wealth as well as a range of group insurance products like credit life, term and employee liability plans. The firm is a socially responsible manager which aims to provide fairly priced, simple, comprehensive and efficiently serviced insurance to the mass market. They also participate actively in the financial inclusion scheme promoted by the government of India and have an agreement to distribute their products through village-level entrepreneurs.

The New India Assurance Co. Ltd. (Investment Portfolio) (New India Assurance-IP) is the investment portfolio division of state-owned The New India Assurance Co. Ltd. (NSE: NIACL), a multinational general insurance company headquartered in Mumbai, India. The firm was founded by Sir Dorabji Tata in 1919. New India Assurance-IP manages the client’s investment portfolio.

Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. (Canara HSBC Life) is a life insurance firm headquartered in Gurugram, India. The firm was founded in 2008 as a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). Canara HSBC Life offers a vast portfolio of insurance products and solutions, tailored to the specific needs of various customers.

Ageas Federal Life Insurance Co. Ltd. (Ageas Federal) is an insurance firm headquartered in Mumbai, India. The firm was founded as IDBI Federal Life Insurance Co. Ltd. in 2007 through a joint venture between IDBI Bank (IDBI) and Federal Bank. They changed their name to Ageas Federal Life Insurance in 2021 after IDBI sold its stakes to Ageas Insurance International NV. Ageas Federal offers life insurance solutions for individuals and corporate clients.

Aditya Birla Sun Life Insurance Co. Ltd. (ABSLI) is an Indian life insurance firm which was founded in 2000 as a joint venture between the Aditya Birla Group and Sun Life Financial Inc., an international financial services organization in Canada. Headquartered in Mumbai, ABSLI offers a range of products across the client’s life cycle, such as children future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans and Unit Linked Insurance Plans (ULIPs).

Universal Sompo General Insurance Co. Ltd. provides insurance services. The joint venture company is based in Mumbai, India. and has subsidiaries in India. Sharad Mathur has been the CEO of the Indian company since 2020.

IndiaFirst Life Insurance Co. Ltd. (India) provides insurance services. It offers a diversified suite of catering to varied customer segments, leveraging multiple distribution capabilities and augmenting various investment options. In all, propositions under the categories of Protection, Assured Savings, Wealth, Pension, Health and Group Funds for Employee Liabilities form a complete suite of offerings that help customer prepare for the certainties of life. The company was founded on June 19, 2008 and is headquartered in Mumbai, India.

The Confederation of Indian Industry operates as a business association. The non-profit company is based in India and has subsidiaries in Singapore and India. The Indian company was founded by Ashok Khanna.