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Our Joint Venture Partners

Overview

Max Life Insurance, one of the leading non-bank promoted private life insurers, is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Financial Services Ltd. is part of the Max Group, which is a leading Indian multi-business corporation, while Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group, which is amongst the leading general insurers in the world. Max Life Insurance offers comprehensive long term savings, protection and retirement solutions through its high quality agency distribution and multi-channel distribution partners. A financially stable company with a strong track record over the last 15 years, Max Life Insurance offers superior investment expertise. Max Life Insurance has the vision 'To be the most admired life insurance company by securing the financial future of our customers'. The company has a strong customer-centric approach focused on advice-based sales and quality service delivered through its superior human capital. In the financial year 2015, Max Life recorded Gross Written Premium of Rs. 8,172 crore with sum assured of Rs. 2, 26,701 crore and Asset Under Management of Rs. 31,220 crore as on 31st March 2015.

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    Max Financial Services Limited

    Max Financial Services Limited (MFS), a part of the US$ 2 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company. Max Financial Services owns and actively manages a 72.1% stake in Max Life Insurance Company Limited, making it India’s first listed company focused exclusively on life insurance.

    The Company’s vision is to be the most admired company for protecting and enhancing the financial future of its customers. This vision is founded on a clear set of values that are shared across the Group – Sevabhav, Excellence and Credibility.

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    Mitsui Sumitomo Insurance Co. Ltd.

    Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group which is amongst the leading general insurers in the world. Headquartered in Tokyo, Japan, MS&AD Insurance Group has presence in 39 markets globally and experience of over 120 years in general insurance.

 
 
 
Did You Know

We have received Asia Insurance Industry 'Innovation of the Year Award' in 2009.

 
 

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