IndiaFirst Life
Sandeep Shetty possesses over 17 years of experience in the insurance and banking industries, currently serving as Deputy Vice President for Customer Service & Policy Servicing and Change Management at IndiaFirst Life since April 2020. Previously, Sandeep held the role of AVP-Customer Care & Operations at IndiaFirst Life Insurance Co. Ltd., and worked as Deputy Manager in Customer Care & Operations from October 2009 to March 2011. Prior experience includes positions at Reliance Life Insurance as Assistant Manager, ICICI Prudential Life Insurance as Associate, and HDFC Bank as Executive.
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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.