IndiaFirst Life
Amrish Maheshwari serves as the Chief Risk Officer at IndiaFirst Life since December 2023, bringing extensive experience in risk management and business consulting from previous roles at EY, where positions included Partner and Senior Manager from June 2015 to January 2024. At EY, Amrish Maheshwari developed a diverse portfolio of business solutions, led global projects, and was responsible for client service delivery, resource allocation, and internal initiatives. Prior to EY, Amrish Maheshwari held the position of Chief Manager at Birla Sun Life Insurance from January 2005 to June 2015, overseeing corporate operations, enhancing operational efficiency, and achieving industry-leading claims settlement rates. Earlier experience includes corporate operations at ICICI Prudential, where notable improvements in customer service and reporting mechanisms were implemented. Amrish Maheshwari holds a Master of Business Administration in Finance from Devi Ahilya Vishwavidyalaya.
This person is not in the org chart
IndiaFirst Life
IndiaFirst Life, the 22nd entrant in the Indian life insurance industry, launched its operations in November 2009. IndiaFirst Life is promoted by two large public-sector banks, Bank of Baroda (65% stake) and Union Bank of India (9% stake). Their footprint and experience offered by these entities continue to fortify the value proposition it offers to all stakeholders. Carmel Point Investments India Private Limited incorporated by Carmel Point Investment Ltd, a body corporate incorporated under the laws of Mauritius and owned by private equity funds managed by Warburg Pincus LLC also holds 26% stake in IndiaFirst Life. Declaring its maiden profits in FY 2014-15, IndiaFirst Life is amongst few Life Insurance companies in India to break-even within five years since inception. IndiaFirst Life’s footprint today, extends to over 1000 cities and towns pan-India, through over 12,000 points of sale. IndiaFirst Life’s competitive advantage is its new-age intuitiveness that delivers value through state-of-the-art digitalisation initiatives across its complete value chain, that stems from the company’s “CustomerFirst” ideology.