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Max Financial Services Limited (MFSL)
What MFSL does

Max Financial Services Limited

What company does?Financial services including life insurance and allied businesses.
Established1988
Entity typePrivate
HeadquartersIndia
SegmentB2C
Max Financial Services Limited is a share market listed company in the Life Insurance industry . It got listed on NSE on 17-MAY-2000 under the trading symbol MFSL. On BSE it is listed under trading symbol MFSL. The company operates in Financial Services , Insurance and Investments categories.

Company overview

Max Financial Services Limited is a leading Indian financial services company that focuses on life insurance and allied businesses. The company operates through its subsidiary Max Life Insurance, which offers a range of individual life insurance products as well as group insurance products.

Max Life Insurance has established itself as one of the fastest-growing private life insurers in India with a strong multi-channel distribution network spanning bancassurance, agency, digital and direct channels. The company's product portfolio includes protection plans, savings and income plans, child plans, retirement plans, and health-related riders.

An innovative technology that sets Max Financial Services apart from its competitors is 'Smart Term Plan,' an interactive online term plan by Max Life Insurance which uses advanced algorithms to offer customized solutions based on customer inputs. This demonstrates the company's commitment to leveraging technology for enhanced customer experience.

One factor that makes Max Financial Services stand out from its competitors is its strategic partnership with Mitsui Sumitomo Insurance (MSI), a Japan-based global leader in non-life insurance solutions. This collaboration enhances the depth of expertise and capabilities available to customers while also providing access to international best practices in underwriting and claims management.

In addition to this partnership, Max Financial Services has also entered into various other collaborations such as joint ventures with New York Life International LLC and Axis Bank Ltd., further strengthening its market presence and offerings.

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