Max Financial Services Limited (MFS),a part of the US$ 3 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company.
The Company’s vision is to be the most admired company for protecting and enhancing the financial future of its customers. This vision is founded on a clear set of values that are shared across the Group – Sevabhav, Excellence and Credibility.
Max Financial Services owns and actively manages a majority stake in Max Life Insurance Company Limited, making it India’s first listed company focused exclusively on life insurance. Max Life is a joint venture with Mitsui Sumitomo Insurance (MSI),a Japan-headquartered global leader in life insurance.
Max Life is India’s fourth largest private life insurance company. It has emerged as a benchmark for the life insurance industry in India across several dimensions including customer persistency, high-performance bancassurance and agency channels, enviable relationships with distribution partners, strong and tenured management, focus on long-term savings and protection products and superior management of costs.
Max Financial Services Limited is listed on the Bombay Stock Exchange as well as the National Stock Exchange. The company’s investor base includes marquee global financial institutions such as KKR, Baron, Vanguard, Aberdeen, Jupiter, Wasatch, Norges and Alliance Bernstein.
The other entities in the Max Group are Max India Limited, which holds the Group’s healthcare, health insurance and senior living businesses, and Max Ventures and Industries Limited, which serves as the Group’s entrepreneurial arm to explore the ‘wider world of business’, especially taking cues from the current Government’s economic and commercial reforms agenda.
Following the demerger of the erstwhile consolidated Max India Limited, the Max Group continues to be bound together by common values and works together to benefit from enterprise synergies.
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