Kotak Mahindra Old Mutual Life Insurance Ltd. is a joint venture between Kotak Mahindra Bank Ltd.(KMBL), and Old Mutual plc. Kotak Mahindra is one of India's leading financial conglomerate, offering complete financial solutions that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the financial needs of individuals and corporates.
The group has a net worth of over Rs. 3,200 crore, employs around 10,800 people in its various businesses and has a distribution network of branches, franchisees, representative offices and satellite offices across 300 cities and towns in India and offices in New York, London, Dubai, Mauritius and Singapore. The Group services around 2.6 million customer accounts.
Old Mutual has a history of more than 150 years as a South African based mutual society prior to its public listing in 1999.The Old Mutual Group offers a diverse range of financial services in three principal geographies. This section is an overview of our business operations in South Africa, the United States and the United Kingdom & Rest of World.