IndiaFirst Life first Indian life insurance company GIFT City: IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), one of the fastest growing private life insurance companies in India, is the first Indian life to receive registration to carry out life insurance business at Gujarat International Finance Tech (GIFT) City International Financial Services Center (IFSC). has become an insurance company.
Rushabh Gandhi, Deputy CEO, IndiaFirst Life Insurance Company Ltd., excited to receive the registration, said that IndiaFirst Life is proud to be the first Indian life insurance company to receive GIFT City IFSC registration. We aim to expand our market presence and take advantage of opportunities to reach customers globally.
IndiaFirst Life first Indian life insurance company GIFT City
IndiaFirst Life’s entry into the high-tech and ultra-modern financial ecosystem of Gift City IFSC will empower us to secure life and create value for our international customers, especially NRIs (Non-Resident Indians) through our partner banks – Bank of Baroda and Union Banking with Bank of India.
After receiving approval from the Insurance Regulatory and Development Authority of India (IRDAI) in August 2023, it received registration from the International Financial Services Center Authority (IFSCA) in September 2023. The registration will enable India First Life to expand its reach globally.
Construction of first twisted building approved in Gujarat Gift City
Become a global financial and technology hub
The organization has acquired a designated office space in GIFT City and is all set to begin its journey once the necessary formalities are completed. GIFT City IFSC, positioned as India’s international finance gateway, aims to become a global financial and technology hub, enabling businesses to Drives reforms to support and expand. It presents an ecosystem for critical economic activities with globally benchmarked regulations, taxation, policies and more supported by the Government of India.
After receiving approval from the Insurance Regulatory and Development Authority of India (IRDAI) in August 2023, it received registration from the International Financial Services Center Authority (IFSCA) in September 2023. The registration will enable India First Life to expand its reach globally. The organization has secured a designated office space in Gift City and is all set to start the journey once the necessary formalities are completed.