What Does Life Insurance Corporation of India Do?

Total employees110000
HeadquartersMumbai
Founded1956

Life Insurance Corporation of India (LIC) is the largest life insurance company in India, and a major financial institution. It provides a wide range of life insurance products, including term life insurance, endowment plans, whole life insurance, money back plans, and unit-linked insurance plans (ULIPs). LIC plays a crucial role in India's financial landscape, contributing to social security and investment.

Where Is Life Insurance Corporation of India's Headquarters?

Life Insurance Corporation of India officeLife Insurance Corporation of India officeLife Insurance Corporation of India officeLife Insurance Corporation of India office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for strategic decision-making, policy development, and overall management of LIC's nationwide operations.

Notable Features:

The LIC headquarters, 'Yogakshema,' is an iconic building in Mumbai, symbolizing the company's stability and long-standing presence. It's a well-recognized landmark.

Work Culture:

While specific internal work culture details are difficult to ascertain from external sources, the headquarters likely fosters a blend of traditional values and modern practices, reflecting the company's legacy and its adaptation to the evolving financial landscape. It is expected to uphold a professional and customer-centric environment.

HQ Significance:

The LIC headquarters is significant because it represents the control center of the largest life insurance company in India, influencing the financial security of millions of Indians and playing a key role in the nation's economy.

Values Reflected in HQ: The headquarters reflects LIC's values of security, trust, and financial responsibility, serving as a physical representation of the company's commitment to its policyholders.

Location:

While primarily focused on the Indian market, LIC also has a presence in several international locations, mainly through branches and joint ventures. These international operations support functions such as policy sales, claims processing, and investment management in their respective regions.

Street Address:

Yogakshema, Jeevan Bima Marg

City:

Mumbai

State/Province:

Maharashtra

Country:

India

Where Else Does Life Insurance Corporation of India Operate Around the World?

New Delhi, Delhi, India

Address: Jeevan Bharati, Tower II, 124 Connaught Circus, New Delhi

Responsible for driving growth and managing the life insurance market within the Northern region, aligning with the national strategy of LIC.

Chennai, Tamil Nadu, India

Address: 153 Mount Road, Chennai

Tailoring insurance products and services to meet the specific needs of the Southern market, while ensuring efficient service delivery and compliance.

Buying Intent Signals for Life Insurance Corporation of India

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Life Insurance Corporation of India? Meet the Executive Team

As of April 2025, Life Insurance Corporation of India' leadership includes:

Siddhartha Mohanty - Chairman

Who's Investing in Life Insurance Corporation of India?

Life Insurance Corporation of India has been backed by several prominent investors over the years, including:

Government of India (Major Stakeholder)
Public Shareholders

What Leadership Changes Has Life Insurance Corporation of India Seen Recently?

Hire0
Exits0

Information on recent executive changes at LIC is not readily available from public sources for the last 12 months. Direct announcements from LIC or reliable financial news outlets would be needed for accurate data.

What Technology (Tech Stack) Is Used byLife Insurance Corporation of India?

Discover the tools Life Insurance Corporation of India uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Life Insurance Corporation of India Email Formats and Examples

Common email formats used by Life Insurance Corporation of India (LIC) employees.

[first].[last]@licindia.com

Format

john.doe@licindia.com

Example

60%

Success rate

What's the Latest News About Life Insurance Corporation of India?

The Economic Times • 2024-01-25

LIC's Q3 performance shows strong growth in premium income

LIC reported significant growth in premium income for Q3, driven by increased policy sales and renewals....more

Business Standard • 2023-11-15

LIC announces new initiatives to enhance customer experience

LIC is implementing new technology-driven initiatives to improve customer service and streamline policy management....more

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