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Namit Rai

Group Head - Key Alliances at HDFC Life

Namit Rai is an accomplished professional with extensive experience in the insurance and financial services sectors. Currently serving as Group Head - Key Alliances at HDFC Life since February 2001, Namit leads initiatives under Credit Life and Individual business segments for NBFCs, New Generation Banks, and MFIs. Prior roles at HDFC Life include Head-Key Alliances, Sr. VP Bancassurance, and Zone Head-Group Sales, where Namit managed employee benefit schemes and oversaw business planning for distribution channels. Additionally, Namit spearheaded a major transformation project in collaboration with McKinsey to revamp the agency distribution model and established retail distribution in Punjab and J&K. Earlier career experience includes roles in HB Portfolio Ltd. and RR Finance, focusing on capital markets and fixed income securities. Namit holds an MBA in Finance from Kurukshetra University.

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HDFC Life

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HDFC Life Insurance Company Ltd, formerly HDFC Standard Life Insurance Company Limited, is a life insurance company. The Company provides various individual and group insurance solutions across India. It offers a range of life insurance plans, such as term insurance plan, women's plan, health insurance plans, child education plans, unit linked insurance plans (ULIPs), and savings and investment plans. It operates through 13 segments: Participating Life (Individual & Group), Participating Pension (Individual & Group), Participating Pension Group Variable, Non Participating Life (Individual & Group), Non Participating Pension (Individual & Group), Non Participating Life Group Variable, Non Participating Pension Group Variable, Non Participating - Annuity, Non Participating - Health, Unit Linked - Individual Life, Unit Linked - Individual Pension, Unit Linked - Group Life and Unit Linked - Group Pension. It has approximately 410 branches in over 900 cities and towns in India.


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Headquarters

Mumbai, India

Employees

10,000+

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