Tata AIA Life Insurance Co Ltd - Company Profile
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Tata AIA Life Insurance Co Ltd (Tata AIA Life Insurance) is a joint venture between Tata Sons Private Limited and AIA International Limited, focusing on providing life insurance solutions. The company offers a range of insurance products, including term insurance, savings plans, unit-linked insurance plans (ULIPs), and health insurance. The company's products cater to individual and group customers, providing financial protection, wealth creation, and retirement planning solutions. Tata AIA Life operates through a network of distribution channels, including agents and digital platforms. The company has a significant presence across various states in India, targeting diverse markets. Tata AIA Life Insurance is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013
Website
www.tataaia.com
Telephone
91 860 2669966
No of Employees
15,510
Industry
Financial Services
Revenue (2025)
$4.8B
Tata AIA Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Retirement Plans | Online Premium Payment | TATA AIA |
| Term Insurance Plan | Claims Settlement | |
| Traditional and ULIP Riders Plan | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In April, the company launched Shubh Health Criti, a health plan. |
| 2026 | New Products/Services | In March, the company introduced the Shubh Flexi Pension Plan, a retirement product. |
| 2025 | New Products/Services | In December, the company launched Tata AIA Multicap Opportunities Pension Fund and Tata AIA Multicap Opportunities Fund. |
Competitor Comparison
| Key Parameters | Tata AIA Life Insurance Co Ltd | SBI Life Insurance Co Ltd | HDFC Life Insurance Co Ltd | ICICI Prudential Life Insurance Co Ltd | Kotak Mahindra Life Insurance Company Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 15,510 | 25,672 | 37,526 | 18,907 | 8,043 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| H. Venkatachalam Iyer | Chief Executive Officer; Director; Managing Director | Executive Board | 2024 | - |
| Srinivasan Parthasarathy | Chief - Staff, Strategy, New Business Alliances, Real Estate and Infrastructure; Chief Financial Officer | Senior Management | - | - |
| Harshad Patil | Chief Investments Officer | Senior Management | - | - |
| Kristyl Bhesania | Chief Human Resources Officer | Senior Management | - | - |
| Saurabh Agrawal | Chairman | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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