With a passion for serving customers, we believe the certainties far outweigh the uncertain and we’d like you to prepare for those moments. We’re happy you decided to get to know us better.

Headquartered in Mumbai, IndiaFirst Life Insurance Company Limited (IndiaFirst Life), with a paid-up share capital of INR 754.37 crore, is one of the fastest growing private life insurers in India in terms of New Business IRP in Fiscal 2022. Our key differentiators are our simple, easy-to-understand products that are optimally priced.

WE’RE BUILT ON THE FOUNDATION OF TRUST

At IndiaFirst Life, we come to work every day with the goal of making insurance easily available to every Indian household. We’ve come a long way from that day in November 2009, when as the 22nd entrant in the private Life Insurance Industry, we sold our first policy. Today, as on 31 March 2022, our “New Business IRP”, stands at INR 1,345 Crores and IndiaFirst Life ranks* 11th. We ended FY22 on a strong footing with INR 5,187 Crores of total premium and AUM of INR 18,932 Crores. The company continues to be one of the fastest growing private life insurers in India in terms of New Business IRP in Fiscal 2022 with a 5-year-CAGR of 27.3% New Business IRP.

We’ve had Bank of Baroda, Andhra Bank (now, Union Bank of India) and Legal & General Middle East Limited as our initial shareholders. After journeying with us Legal & General Middle East Limited sold its stake in February 2019 to Carmel Point Investments India Private Limited, a private limited company incorporated under the laws of India and affiliate of the Warburg Pincus Group. In April 2020, Andhra Bank was amalgamated into The Union Bank of India. Our shareholding pattern as of today stands at: Bank of Baroda – 65%, Union Bank of India – 9% and Carmel Point Investments India Private Limited – 26%.