Pramerica Life Insurance

Gurugram, India Founded: 2008 • Age: 18 yrs
Provides life insurance plans including term, ULIP, savings, health, and group coverage.

About Pramerica Life Insurance

Pramerica Life Insurance is a Financial Services company based in Gurugram (India) founded in 2008. It provides life insurance plans including term, ULIP, savings, health, and group coverage. It operates on a B2C and B2B model. The company has 3,117 employees. Its website pramericalife.in draws about 79 thousand monthly visits. Its Indian entity Pramerica Life Insurance Limited reported revenue of ₹154 Cr. Pramerica Life Insurance offers products and services including RockSolid Term Insurance, Smart Invest, Cancer + Heart Shield, Rakshak Smart, and Saral Pension. Its focus areas include Insurance, Life Insurance, Group Plans and Individual Plans. Similar companies include SBI Life Insurance, Life Insurance Corporation of India and HDFC Life; 2 of its 3 listed similar companies have raised funding.

Company details

Pramerica Life Insurance Limited, based in Gurugram, Haryana, India, offers a range of life insurance products such as term plans, ULIP plans, savings plans, health plans, child insurance, retirement plans, and group plans. It operates through digital and physical channels, serving individual and corporate clients with financial protection and investment options. The company emphasizes claims settlement and customer support to ensure reliable services across the country.

  • Headquarters Gurugram, India
  • Employees 3,117
  • Sectors
    Financial Services
  • Website category Finance · Insurance
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website pramericalife.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Pramerica Life Insurance Limited
  • Date of Incorporation 25 Jun, 2007
  • Jurisdiction Guragaon, Haryana, India
Key Metrics
  • Annual Revenue
    ₹154 Cr

    FY 2024 · +41% YoY

  • Employee Count
    3,117

Products & Services of Pramerica Life Insurance

Pramerica Life Insurance offers a comprehensive portfolio of products and services, including RockSolid Term Insurance, Smart Invest, Cancer + Heart Shield, Rakshak Smart, and Saral Pension.

RockSolid Term Insurance
Term Insurance

Offers life cover with tax benefits and flexible premium options.

Smart Invest
ULIP Plans

Provides market-linked returns along with life insurance coverage.

Cancer + Heart Shield
Health Plans

Covers cancer and heart conditions with monthly income benefits.

Rakshak Smart
Child Insurance

Ensures financial security for children's future needs.

Saral Pension
Retirement Plans

Delivers guaranteed benefits for post-retirement income.

Board of directors of Pramerica Life Insurance Limited (Pramerica Life Insurance)

Pramerica Life Insurance Limited is the primary company behind Pramerica Life Insurance. The board of Pramerica Life Insurance Limited currently have 10 directors; the longest-serving is Sindhushree Khullar, appointed in 2017. 52 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sindhushree Khullar
DIN 01493839
Director13 Oct 20179 yrsPramerica Life Insurance Limited
Pavan Dhamija
DIN 03393943
Director30 Apr 20206 yrs 5 moPramerica Life Insurance Limited
Jagdeep Mallareddy
DIN 07492539
Director01 Dec 20214 yrs 10 moPramerica Life Insurance Limited
Jairam Sridharan
DIN 05165390
Director01 Dec 20214 yrs 10 moPramerica Life Insurance Limited
Phanesh S V S Modukuru
DIN 09449861
Director28 Dec 20214 yrs 9 moPramerica Life Insurance Limited
Pankaj Gupta
DIN 10070937
CEO02 Mar 20233 yrs 7 moPramerica Life Insurance Limited
Joel Abraham Varghese
DIN 10288071
Director24 Aug 20233 yrs 2 moPramerica Life Insurance Limited
Pravin Hari Kutumbe
DIN 01629256
Director01 Apr 20242 yrs 6 moPramerica Life Insurance Limited
Pankaj Kumar Gupta
DIN 00661560
CFO10 Oct 20242 yrsPramerica Life Insurance Limited
Sonal Mattoo
DIN 00106795
Additional Director09 Jan 20269 moPramerica Life Insurance Limited

People of Pramerica Life Insurance

22 people are tracked at Pramerica Life Insurance (6 in leadership, 16 in team); the tracked headcount is 3,117.

NameRoleGroup
Pooja H. Chatwani
Regional Head At DHFL Pramerica Life InsuranceLeadership
Ripudaman Sethi
Associate VPLeadership
Managing Director & CEOLeadership
Amanpreet Singh
Associate Branch HeadLeadership
Dipesh Desai
Vice President & Head Of Agency, Pioneer Channel & Women's ChannelLeadership
Abhishek Verma
Branch HeadLeadership
Raj Kumar Gupta
HR ExecutiveTeam
Vishakha Srivastava
Assistant ManagerTeam
Sudershan Sharma
Senior ManagerTeam
Nadeem War
Prahari ManagerTeam
Pratik Raikar
Insurance AgentTeam
Zamir Ul Shafi Masoodi
Senior Manager ( Param )Team
Gopal Sudish
Senior Marketing Manager -1Team
Avijit Bose
Key Account Manager- Rural & Coop BankTeam
Ajoy Kumar Ganguly
Manager Finance And TaxationTeam
Jay Halder
Regional Manager- Employee Benefit & Strategic AlliancesTeam
Preeti Dua
Compliance ManagerTeam
Yogesh Negi
Manager -financial OperationTeam
Sunil Arya
Deputy Manager - Sales PromotionTeam
Sagar Chafilkar
Operation ManagerTeam

2 more people are available in the full profile.

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Financials of Pramerica Life Insurance

Figures of Pramerica Life Insurance Limited, the primary company behind Pramerica Life Insurance, for FY 2024. Revenue was ₹154 Cr (+41% year on year). Revenue has grown at a compounded annual rate of -16% over five years.

  • ₹154 CrRevenue · FY 2024 · +41% YoY
  • ₹374 CrPaid-up capital
  • 3,117Employees (provident fund records)
  • -16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Pramerica Life Insurance Limited are on its company page.

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Detailed financial statements for Pramerica Life Insurance

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Similar companies to Pramerica Life Insurance

Pramerica Life Insurance has 3 listed similar companies in our database, 2 of them funded. They include SBI Life Insurance, Life Insurance Corporation of India and HDFC Life.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sbilife.co.in2000Mumbai, India$264M25,645
Life Insurance joint venture between SBI and BNP Paribas Cardiff
licindia.in1956Mumbai, India$108,08898,667
Life insurance and micro insurance services are provided in India.
hdfclife.com2000Mumbai, India32,486
Life and health insurance services are offered in India.
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Detailed similar companies of Pramerica Life Insurance

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Web traffic of Pramerica Life Insurance

The website of Pramerica Life Insurance (pramericalife.in) receives about 78.7K visits a month and ranks #464,365 among all websites worldwide, #2,337 in Insurance.

  • Monthly visits
    78.7K

    ▲ 18.7% vs previous month

  • Unique visitors
    24.5K

    per month

  • Global rank
    #464,365

    among all websites

  • Category rank
    #2,337

    Finance · Insurance

Similar websites

Websites whose visitors overlap most with Pramerica Life Insurance. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
indiafirstlife.com
100%
299.2K#177,497View details
shriramlife.com
97%
1.4M#81,693View details
havenlife.com
96%
16.9K#1,226,027View details
asiainsurancereview.com
94%
#741,234View details
policyholder.gov.in
policyholder.gov.in
92%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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  • Audience overlap
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Top companies in Insurance Providers

3 companies that operate in the same segment as Pramerica Life Insurance (Insurance Providers) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Insurance plans are compared and purchased via an online marketplace.
2008Gurugram, Haryana, IndiaUSD 502.59 M31,422
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Related news about Pramerica Life Insurance

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Frequently Asked Questions about Pramerica Life Insurance

Pramerica Life Insurance was founded in 2008.

Pramerica Life Insurance is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Pramerica Life Insurance has 3,117 employees.

The primary company behind Pramerica Life Insurance, Pramerica Life Insurance Limited, reported revenue of ₹154 Cr for FY 2024, up 41% year on year.

Pramerica Life Insurance Limited, based in Gurugram, Haryana, India, offers a range of life insurance products such as term plans, ULIP plans, savings plans, health plans, child insurance, retirement plans, and group plans. It operates through digital and physical channels, serving individual and corporate clients with financial protection and investment options. The company emphasizes claims settlement and customer support to ensure reliable services across the country.

Pramerica Life Insurance's top competitors include SBI Life Insurance, Life Insurance Corporation of India and HDFC Life.

Pramerica Life Insurance offers RockSolid Term Insurance, Smart Invest, Cancer + Heart Shield, Rakshak Smart, and Saral Pension.

Pramerica Life Insurance operates through Pramerica Life Insurance Limited.

The legal entities of Pramerica Life Insurance currently have 11 directors, including Joel Abraham Varghese, Pankaj Kumar Gupta, Sonal Mattoo and others.

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