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About Us
About Canara HSBC OBC Life Insurance

Who We Are

An unparalleled union of financial expertise, knowledge, strength & trust.

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of the leading public sector banks - Canara Bank (51%) and Oriental Bank of Commerce (23%) and HSBC Insurance (Asia Pacific) Holdings Limited (26%), the Asian insurance arm of one of the world's largest banking and financial services group - HSBC. The Company has access to over 115 million customers and a pan-India network of over 10,000 branches of bank partners.

Canara HSBC OBC Life Insurance Promoters

Our Promoters

Together nothing is impossible.

  • Canara Bank - Canara HSBC OBC Life Insurance Promoter
  • HSBC Bank - Canara HSBC OBC Life Insurance Promoter
  • OBC - Canara HSBC OBC Life Insurance Promoter

Canara Bank

  • PSU established in 1906, holds 51% share in the JV
  • Distribution network of 6083 branches (as on 31st March, 2017)
  • One of the largest nationalized banks in India in business volume

http://www.canarabank.com/

HSBC

  • Holds 26% share in the JV through HSBC Insurance (Asia-Pacific) Holdings Limited
  • International Bank established in 1865, serve more than 45 million customers
  • 4400 offices in 71 countries and territories

http://www.about.hsbc.co.in/hsbc-in-india

OBC

  • PSU established in 1943, holds 23% share in the JV
  • Distribution network of 2251 branches (as on 31st March, 2015)
  • AA+/FAAA/P1+ from CRISIL

http://www.obcindia.co.in/

Why Choose Canara HSBC OBC Life Insurance

Why Choose Us?

The Company was launched on 16 June 2008 and is a Joint Venture between Canara Bank (holding 51%), HSBC Insurance (Asia Pacific) Ltd (holding 26%), the Asian insurance arm of one of the world's largest banking and financial services groups - HSBC and Oriental Bank of Commerce (holding 23%).

Choose Canara HSBC OBC Life Insurance Guiding Principle

Our Guiding Principle

Principles that we keep close to our heart

  • Bancassurer - Canara HSBC OBC Life Insurance Guiding Principle Bancassurer
  • Open - Canara HSBC OBC Life Insurance Guiding Principle Open
  • Connected - Canara HSBC OBC Life Insurance Guiding Principle Connected
  • Dependable - Canara HSBC OBC Life Insurance Guiding Principle Dependable

Our Team

Our Management Team and Key Persons

Anuj Mathur - Managing Director & Chief Executive Officer

Anuj Mathur

Managing Director & Chief Executive Officer

Anuj is a founding member of the Company having joined in 2007 to lead Legal, Compliance & Risk and Corporate Governance, before becoming the CFO in 2009 and later on taking over as the CEO of the Company on 1st July 2015.

Tarannum Hasib - Head Sales

Tarannum Hasib

Chief Distribution Officer

Tarannum Hasib has over 18 years of cross functional experience in Financial, Retail Sales, Corporate Sales, Business Development, Building Sales Model and Strategy for Retail and Commercial business of Life Insurance and Non-Life Insurance companies.

Sachin Dutta - Chief Operating Officer

Sachin Dutta

Chief Operating Officer

Sachin has been with the organization since July 2008. He is spearheading Operations, Customer Servicing, Information Technology and Business Retention functions. Prior to this role he has served as the Chief Risk Officer at the Company for over 3 years where he significantly contributed to Company's risk management framework and practices.

Gaurav Seth - Chief Financial Officer

Gaurav Seth

Chief Financial Officer

Gaurav Seth is a qualified Chartered Accountant with over 17 years of experience across sales and finance domains. He has over 14 years of experience in finance including 10 years in insurance sector which includes managing controllers shop, financial planning.

Kiran Yadav - Head of Human Resources

Kiran Yadav

Chief People Officer

A seasoned HR professional with over 17 years of experience, Kiran has spent over 12 years in the Insurance sector. She has worked in complex business environments and possesses ability to work on intricate business issues.

Siddharth Kaushik - Chief Risk Officer

Siddharth Kaushik

Chief Risk Officer

Siddharth is responsible for developing and implementing the risk management framework in line with regulatory requirements and international best practices; formulating risk policies and risk appetite statement; institutionalization of standards and methodologies to support effective management of risks within the organization.

Vikas Anand - Chief Compliance Officer

Vikas Anand

Chief Compliance Officer

Vikas Anand is a Chartered Accountant. He is responsible for developing and managing a compliance and legal framework and providing business enabling solutions. He is also responsible for the delivery of risk-based audits and establishing international best practices.

Anurag Jain - Chief Investment Officer

Anurag Jain

Chief Investment Officer

Anurag is an investment professional with over 15 years of extensive experience and has been with our company for more than six years. Prior to his current role, he was heading Equity investments at our company.

Vatsala Sameer - Company Secretary

Vatsala Sameer

Company Secretary

Vatsala was appointed as the Company Secretary of the Company in March 2015. She was working in the Corporate Governance function since March 2011 and has handled the various corporate governance responsibilities since then, including the successful implementation of the new Companies Act.

Akshay Dhand - Appointed Actuary

Akshay Dhand

Appointed Actuary

Akshay has been with this organization for more than seven years. In Canara HSBC Oriental Bank of Commerce Life Insurance, he initially joined as the head of the Pricing Team and in his last role was heading the Corporate Actuarial Team.

Rishi Mathur - Head of Products and Strategy

Rishi Mathur

Head - Products and Strategy

Rishi has been with the organisation for more than five years now. He is responsible for the end-to-end product strategy and also for the overall strategy of the Company.

Ritesh Rathod - Head of Business Performance Management

Ritesh Rathod

Head - Business Performance Management

Ritesh has been with the Company since June 2011. He has rich experience of more than 15 years and is responsible for monitoring of key performance metrics, Project Management, Quality Assurance & Process Improvement and Public relations.

Vikas Gupta - Chief of Internal Audit

Vikas Gupta

Chief of Internal Audit

Vikas Gupta is a Chartered Accountant, and has completed CISA and CPA (USA). He is responsible for delivery of risk-based audits as per the audit plan approved by the Audit Committee.

Anuj Mathur - CEO

Anuj Mathur

Managing Director & Chief Executive Officer

Tarannum Hasib - Sales Head

Tarannum Hasib

Chief Distribution Officer

Sachin Dutta - CRO

Sachin Dutta

Chief Operating Officer

Gaurav Seth - CFO

Gaurav Seth

Chief Financial Officer

Kiran Yadav - HR Head

Kiran Yadav

Chief People Officer

Siddharth Kaushik - CRO

Siddharth Kaushik

Chief Risk Officer

Vikas Anand - CCO

Vikas Anand

Chief Compliance Officer

Anurag Jain - CIO

Anurag Jain

Chief Investment Officer

Vatsala Sameer - Company Secretary

Vatsala Sameer

Company Secretary

Akshay Dhand - Appointed Actuary

Akshay Dhand

Appointed Actuary

Rishi Mathur - Products and Strategy Head

Rishi Mathur

Head - Products and Strategy

Ritesh Rathod - Head - Business Performance Management

Ritesh Rathod

Head - Business Performance Management

Vikas Gupta - Chief of Internal Audit

Vikas Gupta

Chief of Internal Audit

Choose Canara HSBC OBC Life Insurance Achievements

Achievements

We strive to achieve excellence.

  • Life Insurance Simulator (LIS)
  • Dispatching digital policy along with paper policy
  • 'Straight Through Processing' (STP)
  • Persistency Initiative - Online Revival of Policies
  • Demonstrating Profitability in 5th Year of Operations
Choose Canara HSBC OBC Life Insurance Awards & Recognition

Awards & Recognition

A journey that reflect the company's
inherent strengths.

Canara HSBC Oriental Bank of Commerce Life Insurance Company has been conferred with significant accolades and recognition on its journey that reflect the company's inherent strength and success of the bancassurance business model.

Choose Canara HSBC OBC Life Insurance CSR Policy

Corporate Social Responsibility

We care & we are concerned.

WE GIVE BACK TO THE SOCIETY

Canara HSBC Oriental Bank of Commerce Life Insurance Company is committed to more than just giving back to the society or community within which it operates and focuses on doing well by doing good.