IndiaFirst Life Email Format

InsuranceMaharashtra, India1001-5000 Employees

IndiaFirst Life is a Mumbai-based life insurance company established in 2009 as the 22nd entrant to India's life insurance sector. It is promoted by Bank of Baroda (holding the majority stake) and Union Bank of India, with Carmel Point Investments India Private Limited owning a substantial minority stake. The company emphasizes a customer-centric approach and digital-enabled processes across its value chain to enhance the experience for policyholders and distribution partners.

Its pan-India footprint spans over 1000 cities and towns and a distribution network of more than 12,000 points of sale. The company achieved its first profitable year in FY 2014-15. A recent development in 2026 includes a strategic partnership with Vakrangee Limited to bolster its insurance distribution capabilities.

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