IndiaFirst Life
Varsha Pisal is an experienced IT professional currently serving as Manager of IT Business Applications at IndiaFirst Life since May 2021, overseeing projects, products, and production support. Prior to this role, Varsha held the position of Deputy Manager and Project Lead in IT Production Support at ComUnus Technologies Pvt Ltd, managing a team of 15 and coordinating production support for multiple applications. Varsha has also contributed to Bharti AXA Life Insurance as a Senior Executive in Process and Quality Management, where responsibilities included requirement gathering, defect lifecycle management, and coordinating with developers. Early experience includes roles as an Associate Test Analyst at NSEiT, focusing on testing for life insurance applications, and as an Executive in IT at Bharti AXA Life Insurance, implementing new products and enhancements. Varsha holds a Bachelor of Engineering in Electronics and Telecommunications from Atharva College of Engineering and a Diploma in Software Testing from Seed Infotech.
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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.