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| Home > Professionals > Insurers |
OM Kotak Mahindra Life Insurance
| OM Kotak Mahindra Life Insurance Products | Click here to find an office |
Kotak Mahindra Bank Ltd.(KMBL)
Kotak Mahindra Bank Limited (KMBL) is the holding company and the flagship of the Kotak Mahindra Group. It was actually incorporated as Kotak Capital Management Finance Limited on November 2, 1985 and obtained its ‘Certificate of Commencement of Business on February 11, 1986.
With the liberalisation of the Indian economy and the opening up of the financial markets, the Company diversified and started offering a wider spectrum of financial services.
Old Mutual plc.
Old Mutual plc. is a leading financial services provider in the world, providing a broad range of financial services in the area of insurance, asset management and banking. It is a leading life insurer in South Africa, with more than 30% market share. The partnership with Old Mutual plc., provides the Kotak Mahindra group with an international perspective and expertise in the life insurance business.
The Joint Venture
The joint venture OM Kotak Mahindra Life Insurance started off with an initial net worth of Rs. 150 crore, with 74:26 stake between KMBL and OM
The Life Insurance business offers KMBL with an opportunity to leverage its core strengths of Wealth Management and Retail Distribution.
Contact Address
OM Kotak Mahindra Life Insurance Co. Ltd.
Peninsula Chambers,
Peninsula Corporate Park,
6th floor, Ganpatrao Kadam Marg,
Lower Parel,
Mumbai- 400 013.
India
Telephone : +91-022-56635000
Fax : +91-022-56635111
URL : www.omkotakmahindra.com