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About Future Generali India Insurance Company Limited

Future Generali India Life Insurance Company Limited (FGILI) is a life insurance provider based in Mumbai, established in September 2007 as a joint venture between Future Group, Generali Group, and Industrial Investment Trust Ltd. The company aims to tackle underinsurance in India by offering a range of financial security products and services. FGILI has a strong presence across India with 98 branches and over 20,000 advisors. As of FY2023-24, it covers 10.42 lakh active lives and boasts impressive claims settlement ratios of 96.08% for individual claims and 99.18% for group claims. The company offers various products, including savings plans, protection plans, unit-linked insurance plans (ULIPs), retirement solutions, and group insurance tailored for corporates. FGILI serves more than 450 corporates globally, including well-known clients like Cadbury, Coca-Cola, and Intel. The company also engages in corporate social responsibility through partnerships, such as the Light a Billion Lives initiative, which provides solar-powered lighting to households in Maharashtra.

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