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IndiaFirst Life Insurance

indiafirstlife.com

Founded Year

2009

Stage

Shareholder Liquidity | Alive

Total Raised

$23M

About IndiaFirst Life Insurance

IndiaFirst Life Insurance is a life insurance company promoted by two large public sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk, wealth and investment company Legal & General. Its product range covers the typical needs of health, security/ protection (term insurance), savings and wealth. The company also has a wide range of group insurance products ranging from credit life, term and employee liability (gratuity and leave encashment) plans.

Headquarters Location

301, 'B' Wing, The Qube, Infinity Park Dindoshi - Film City Road, Malad (East)

Mumbai, 400 097,

India

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Latest IndiaFirst Life Insurance News

IndiaFirst Life Appoints Bhavna Verma as 'Appointed Actuary'

Dec 22, 2022

IndiaFirst Life Appoints Bhavna Verma as 'Appointed Actuary' In her previous stint, Bhavna served as the Head of Actuarial Reporting and Risk spearheading critical actuarial implementations at a life insurance company IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda (BoB) and Union Bank of India (UBI), today announced the appointment of Bhavna Verma as the organization’s Appointed Actuary effective March 21, 2022. A seasoned professional, Bhavna has over 15 years of actuarial experience in Life Insurance, spread across consulting and industry. She will be responsible for all aspects of the Actuarial Function. Congratulating the new Appointed Actuary, Vishakha RM, MD & CEO, IndiaFirst Life Insurance Company Limited, said, “We are excited to welcome Bhavna to the IndiaFirst Life family. The organization has recorded strong and consistent growth in the last few years. With her experience and domain expertise, we are confident that Bhavna will create value for IndiaFirst Life’s stakeholders through innovative Actuarial strategies, which will further strengthen our growth story.” Bhavna Verma, Appointed Actuary, IndiaFirst Life Insurance Company Ltd., said, “I am excited to take up this role and its associated responsibilities as IndiaFirst Life gears up for its next phase of growth. Along with the strong leadership team, I look forward to contributing to the growth of this young, strong, and fast-growing organization.” In her previous stint, Bhavna served as the Head of Actuarial Reporting and Risk spearheading critical actuarial implementations at a life insurance company. She spent the initial years of her career in actuarial consulting. Bhavna has worked on a range of technical actuarial and strategic assignments across geographies. Armed with this diverse experience, Bhavna is passionate about integrating the application of actuarial principles holistically across functions. A Fellow of the Institute of Actuaries of India and the Institute and Faculty of Actuaries, UK, Bhavna has served as Chief Editor of the Actuary India magazine, the flagship publication of the Institute of Actuaries of India. She holds a Bachelor’s degree in Mathematics from St. Stephen’s College, Delhi University. Share this article:

IndiaFirst Life Insurance Frequently Asked Questions (FAQ)

  • When was IndiaFirst Life Insurance founded?

    IndiaFirst Life Insurance was founded in 2009.

  • Where is IndiaFirst Life Insurance's headquarters?

    IndiaFirst Life Insurance's headquarters is located at 301, 'B' Wing, The Qube, Infinity Park, Mumbai.

  • What is IndiaFirst Life Insurance's latest funding round?

    IndiaFirst Life Insurance's latest funding round is Shareholder Liquidity.

  • How much did IndiaFirst Life Insurance raise?

    IndiaFirst Life Insurance raised a total of $23M.

  • Who are the investors of IndiaFirst Life Insurance?

    Investors of IndiaFirst Life Insurance include Legal & General, Warburg Pincus, Bank of Baroda and Andhra Bank.

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