IndiaFirst Life
Anand Rajan is an accomplished professional with extensive experience in the insurance sector. Currently serving as the Head of Persistency & Renewals at IndiaFirst Life since September 2011, Anand has held various leadership roles including Head of Claims and Financial Operations, Head of Persistency and Branch Operations, and Head of Distribution Service. Prior to this, significant experience was gained at SBI Life Insurance Co. Ltd.from June 2003 to September 2011, where Anand worked as Area Manager for Bancassurance Sales and held positions in Distribution Support and as Assistant Manager for Bancassurance. Anand holds a Post Graduate Diploma in Business Administration from SIES College of Management Studies and a Bachelor of Commerce degree from RA Podar College.
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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.