IndiaFirst Life
Swapnil Shirwadkar possesses extensive experience in IT service delivery and infrastructure management, currently serving as Head - IT Service Delivery and Head IT Infrastructure & Cloud Operations at IndiaFirst Life. Previously, Swapnil held the position of AGM - IT at Wadhwa Group Holdings Pvt Ltd, and served as Group Head - IT Project & Services and Sr GM - IT Ops at IndiaFirst Life Insurance Company Limited. Early career experience includes the role of Deputy Manager - IT Support at SBILife and Group Leader (Operations) at Sutherland Global Services. This diverse background underscores a strong expertise in IT operations and project management.
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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.