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February 11, 2016 8:28 PM ET

Insurance

Company Overview of Aviva Life Insurance Company India Ltd.

Company Overview

Aviva Life Insurance Company India Ltd. provides life and health insurance products and services. It offers individual plans in the areas of savings, retirement, protection, investments, health, and rural; individual plans for children; and group plans, such as term plans, gratuity/leave encashment, and rural/credit protection plans. The company also provides its products online. It serves customers through its sales force, including financial planning advisors; and distribution networks in India. The company was incorporated in 2000 and is based in Gurgaon, India with branches in India. Aviva Life Insurance Company India Ltd. operates as a subsidiary of Dabur Invest Corp.

Aviva Tower

Sector Road

Opposite Golf Course

DLF Phase V, Sector 43

Gurgaon,  122 003

India

Founded in 2000

Phone:

91 12 4270 9046

Fax:

91 12 4257 1195

Key Executives for Aviva Life Insurance Company India Ltd.

Chief Executive Officer, Managing Director and Director
Chief Financial Officer
Chief Operating Officer
Chief Risk Officer
Chief Distribution Officer
Compensation as of Fiscal Year 2015.

Aviva Life Insurance Company India Ltd. Key Developments

Aviva Appoints Anjali Malhotra Nanda as Chief Customer, Marketing and Digital Officer

Aviva Life Insurance has announced the appointment of Anjali Malhotra Nanda as chief customer, marketing and digital officer. She will be responsible for Aviva's brand marketing, product design, business analytics and customer management, whilst building a roadmap for brand Aviva in the digital space. Nanda brings with her 23 years of experience in media, FMCG and advertising industries.

Aviva Seeks To Increase Stake In Aviva Life Insurance Company India

Aviva plc (LSE:AV.) seeks to increase its stake in Aviva Life Insurance Company India Ltd. from 26% to 49%. “We intend to increase our stake in the Aviva India joint venture business. We are finalising our application to do this and expect to complete within the next six months," Aviva Europe and India Chief Executive Officer David McMillan said.

Aviva Life Insurance Announces Management Changes

Aviva Life Insurance announced the appointment of Mr. Trevor Bull as the Chief Executive Officer and Managing Director for its operations in India. Mr. Bull will join as the MD & CEO in January, 2015. He takes over from Mr. TR Ramachandran, who led Aviva India since October, 2008. Mr. Bull has more than 35 years of experience in the insurance industry across Asia and Europe. In his career span, Mr. Bull has held key leadership positions in Zurich Insurance Malaysia Berhad, The Philippine American Life & General Insurance Company, Tata AIG Life Insurance, AIG Life Korea, ALICO Tokyo and Lutine Assurance Services Limited, Birmingham.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 9, 2015
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