Established in fiscal 1988, Max Financial Services Limited (MFSL) Ltd is part of the Max Group, the world-leading multinational conglomerate with a dominant hold in the market sectors related to Life Insurance, Health and Allied businesses. Max Financial Services Limited is the listed holding company for Max Life Insurance Company. Its main corporate office is in Noida - 201301, Uttar Pradesh, India.
The enterprise that is India's largest non-bank, private life insurance company aims to provide an impeccable experience to its valuable customers and carry forward the values of sevabhav (conscientious), excellence and credibility.
Max Financial Services Limited offers a full range of financial services to address all its customer needs. The company is also listed on the Bombay stock exchange as well as on the National Stock Exchange list.
India’s first listed life insurance company was formed in 1988 as part of the multinational The Max group.
In 2016, the Max Group underwent a pivotal business restructuring wherein it was demerged into three separate entities, namely, Max Financial Services, Max India and Max Ventures & Industries.
Max Financial Services Limited joined hands with a Japan-based company, Mitsui Sumitomo Insurance and established Max Life Insurance. Max life is India’s fourth-largest private life insurance company.
The Max Financial Services Limited has an expansive and promising range of products that they offer to its consumers
long-term savings protection and retirement solutions
health check camps in rural areas for the underprivileged people
medical screening for the needy, for example, for cancer diagnosis
provides free artificial limbs at specialized institutions
Healthcare Training for General Duty Attendants for hospitals and First Aid in educational institutions
The high-quality insurance agency is well known for working towards the betterment of society by spreading health awareness through films, counselling sessions and various events. Driven by their rooted philosophy of sevabhav, the company has over four hundred NGO partners.
2001- the insurance company entered into a business venture with New York Life and formed Max New York Life.
In 2006 Max Financial Services Limited inaugurated Max Super Speciality Hospital.
2012 - Japan-based MS&AD Insurance Group Holdings acquired a 26% stake in Max New York Life (MNYL).
Niva Bupa Health Insurance Company Limited was formed as a joint venture between Max India Limited and UK based Bupa in fiscal 2008.
In 2008, they received a quality certification ISO(9001), followed by another quality certification ISO(27001) in 2013.
The company received Cochin Best Employer Brand Award in fiscal 2018.
Max financial services Ltd was awarded Fintelekt Insurance Awards in 2017.
Max financials grabbed a trophy for winning the Prestigious Effie Awards.
The People Capital Index recognized the efforts of Max Life Insurance and accorded it for being one of India’s top 50 companies.
It received an award for winning IT Genius Award. The company was honoured with Outlook Money Award in 2015.
Max financial services Ltd created history by becoming the first organization in the Services Category to have won the Ramakrishna Bajaj national quality award in 2015 in its maiden attempt.
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