Headquartered in Mumbai with a paid-up share capital of INR 754.37 crore, IndiaFirst Life Insurance Company Limited (IndiaFirst Life) is one of the fastest-growing private life insurers in India in terms of New Business IRP in fiscal year 2023. Our key differentiators are our simple and easy-to-understand products that are optimally priced.
At IndiaFirst Life, we are committed to making insurance easily accessible to every Indian household. Since November 2009, we have been providing simple, easy-to-understand products that are optimally priced. We have come a long way since then and are now ranked* 10th among private life insurers in India. As of March 31, 2023, our New Business IRP stands at INR 1,709 crore, and we ended FY2022-23 on a strong footing with INR 6,075 crore of total premium and AUM of INR 21,683 crore. Our 5-year-CAGR in fiscal year 2023 stands at 24.3% New Business IRP, which is a testament to our commitment to providing our customers with the best possible service.