IndiaFirst Life, which is a late entrant into the area of Life Insurance in India, has generated a creditable Rs 900 crores of premium in the first 500 days of its operation. IndiaFirst is a joint venture between Legal and General, Andhra Bank and Bank of Baroda. It is headed by P Nandagopal, an industry veteran who was earlier the distribution head of Birla Sun Life and the CEO of Reliance Life. The team draws heavily from the Reliance Life team, and it would be interesting to follow the progress made by this company in the coming months and years.
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