Canara HSBC Life Insurance
Established in 2008, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (51 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (26 per cent). Punjab National Bank is also a shareholder of the Company, holding 23 per cent as an investor. One of the major bancassurance conglomerate with its head office at Gurugram, Haryana and more than 100 branch offices pan India, brings together the trust and market knowledge of public and private banks.
For more than 15 years now, the Company sells and services customers though multi-channels and well diversified network of Canara Bank and HSBC, located in Tier 1, 2 and 3 cities of the country. The Company has a vast portfolio of life insurance solutions and offers various products across individual and group space comprising of life, health, online term plans, retirement solutions, credit life and employee benefit segments through direct, digital, agency model and direct field force.
With the support of distribution partners, the Company is able to maintain an aggressive growth trajectory since inception. The Company continues to focus and invest in agile and technologically advanced methods of soliciting business, servicing customers and marketing products. With an aim to provide simpler insurance and faster claim processes, the Company intends to keep the promises of their customers alive with their “Promises Ka Partner” philosophy.
Our Journey: A Look Back at Key Milestones
Meet Our Leaders
Anuj Mathur
Managing Director & Chief Executive Officer
Anuj, a founder member of the company. He has worked in various leadership roles in legal, compliance and as CFO before becoming the MD & CEO of the Company in June 2015.
Akshay Dhand
Appointed Actuary
Akshay has been working with the Company for more than 12 years. Being Appointed Actuary of the Company, he is responsible for end-to-end product strategy.
Jyoti Vaswani
Chief Investment Officer
Jyoti is responsible for managing the investment assets of the Company - Equity & Fixed Income. She is a Chartered Financial Analyst (CFA) from ICFAI, over 25 years of experience.
Kiran Yadav
Chief People Officer
Kiran, a seasoned HR professional with over 23 years of experience in job evaluation, talent acquisition, organizational development & performance management is her forte.
Manoj Jain
Chief Compliance Officer
Manoj Jain is a seasoned finance professional with 22 years of experience with diversified experience in various service and manufacturing companies spanning across different geographies.
Rishi Mathur
Chief Distribution Officer - Alternate Channels and Chief Marketing Officer
Rishi is an experienced insurance business leader and brings a wide-range of capabilities across sales, marketing, products and more.
Ritesh Rathod
Chief Strategy & Data Officer
Ritesh is responsible for Business Retention, Data Analytics, Enterprise Information Management, Project Management, Quality Assurance, Process Improvement and PR.
Sachin Dutta
Chief Operating Officer
Sachin, an all round business professional with almost 15 years in the company. He leads Operations, Customer Servicing, Information Technology and Business Retention functions.
Salil Bhatnagar
Chief Distribution Officer – HSBC Channel
Salil being founder member of the Company, is currently CDO – HSBC Channel. An outstanding sales & training leader he was instrumental in the triumphant launch.
Soly Thomas
Chief Distribution Officer – Canara Channel
Soly being founder member of the company, is currently CDO - Canara channel. He has has worked across domains including Marketing & Strategy, Sales & Distribution.
Tarun Rustagi
Chief Financial Officer
Tarun carries over 20 years of extensive financial, operational and strategic experience. Being in industry since 2002, he has worked with some of the leading Life Insurance brands.
Vatsala Sameer
Company Secretary
Vatsala heads legal vertical of the Company. She has been handling various governance responsibilities in the company since 2011.
Vikas Gupta
Chief Risk Officer
Vikas, a certified CA from ICAI is the Chief Risk Officer. He carries 21 years of experience in internal audit, risk and compliance roles across insurance and banking domain.
Canara HSBC Life Fast Facts
- Mr. Anuj Mathur
MD and CEO
- Canara Bank: 51% and HSBC: 26%
Shareholders/ Promoters
- Punjab National Bank: 23%
Shareholder/ Investor
- Products : Online Term Plans | Term Insurance Plans | Savings Plans | Retirement Solutions | Child Insurance Plans | Health Insurance
Our Value Behaviours
Canara HSBC Life Insurance - A Name You Can Always Count On!
Canara HSBC Life Insurance is a renowned industry leader with over 15 years of experience in delivering exceptional value to our customers. The company is backed by a well-diversified network of Canara Bank and HSBC Bank. The company has a legacy of providing unmatched security to you and your loved ones' future.
10,000+ Partner Branches
10,000+ Partner Branches
We are a bancassurance company
₹30,204 Cr.+ Assets Managed
₹30,204 Cr.+ Assets Managed
Assets managed as of March 2023
99.23% Claims Settled
99.23% Claims Settled
Individual Death Claims settled in FY 2023-2024
Express Claim Settlement Pro
Express Claim Settlement Pro
Quick and Hassle-free claim settlement
