Canara HSBC OBC Life Insurance
Founded in 2008, Canara HSBC Life Insurance Company Limited is a collaboration between Canara Bank (51%) and HSBC Insurance (Asia Pacific) Holdings Limited (26%). Punjab National Bank is also a stakeholder, holding 23% of the company. As a leading bancassurance conglomerate headquartered in Gurugram, Haryana, with over 100 branch offices nationwide, it combines the trust and expertise of both public and private banks. The company prioritizes agile and technologically advanced methods for business solicitation, customer service, and product marketing. The company aims to provide simpler insurance and expedited claim processes, ensuring customer commitments are fulfilled.
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