About Us

About Us

Company Overview and Values


Purpose And Vision

  • The Shriram Life insurance company works with the purpose - "To bring every family in the Indian society, especially the segments most vulnerable to the financial impacts of the loss of a breadwinner, into the safety net of Life Insurance."

    Operational efficiency, integrity and a strong focus on catering to the needs of the average Indian , by offering high quality and cost-effective customer solutions are the core values that drive the organisation. These values have been strongly adhered to over the decades and are now an integral part of the organisation’s DNA.

    Shriram Life prides itself on its deep understanding of the customer and the ability to develop innovative solutions that solve for its customer needs. The company extensively uses technology to reach its customers and deliver last mile service to families. It has been amongst the first in the Industry to launch and adopt various technological initiatives like - customer service application “ShriMithra”, salespeople app “Astra” along with facial recognition for eKYC authentication, virtual assistant ShriA, and Shriram Smart Suraksha Card that provides premium renewal, policy bond access and policy purchase seamlessly. True to its purpose over 40% of the company’s business is from the Rural segments with the company servicing customers efficiently in the urban as well as remote locations.

Who We Are


Sanlam Group

Sanlam is a leading financial services group based in Cape Town, South Africa. Sanlam’s association with Shriram Group began in 2005 with the emergence of Shriram Life Insurance Company (SLIC), a part of the diversified Shriram Group. Over the years, the relationship has deepened significantly with Sanlam having a stake in the Shriram Group and a stake of 23% in Shriram Life Insurance through its 100% subsidiary.


Shriram Group

Working with the philosophy of financially empowering the underserved and thereby create wealth in the community; the Shriram Group was founded in 1974 by Shri. R. Thyagarajan. It is this guiding philosophy of putting people first that has brought the company closer to the grassroots and made it a preferred choice for the Finance Services and Insurance requirements amongst the customers.

  • 1974

  • 1974

  • 1979

  • 1986

  • 2005

  • 2006

  • 2009

  • 2011


Shriram Capital

Shriram Group was founded in 1974, mobilising funds through chits under Shriram Chits. Today, we offer a diverse basket of financial products and solutions targeted mainly at the underbanked and unbanked segments of India’s population We are among the largest financial services conglomerates managing assets worth Rs 2.08 lakh crore (As of December 2021), across 4050 branches. Our businesses are spread across consumer finance, business finance, vehicle finance, chit funds, asset management services, stock broking, insurance- life and general, loans for affordable housing, insurance broking and distribution of financial products. Our growth has been achieved partnering some of the best corporations and financial investors, all of whom see us as their trustworthy partners.

Other Directors

Mr.Bibhu Prasad Kanungo

Mr. Bibhu Prasad Kanungo was previously Deputy Governor with the Reserve Bank of India looking after the Department of Currency Management, Department of External Investments & Operations, Department of Government & Bank Accounts, Department of Information Technology, Department of Payment & Settlement Systems, Foreign Exchange Department, Internal Debt Management Department, Legal Department and Premises Department. Mr. Kanungo, a career central banker, joined the Reserve Bank of India in September 1982. He has worked in several functional areas of the bank including banking & non-banking supervision. He headed the regional offices of the Reserve Bank at Jaipur and Kolkata besides holding the position of the Banking Ombudsman for Madhya Pradesh and Chhattisgarh. As Executive Director, he was responsible for Foreign Exchange Management, Internal Debt Management and Government and Bank Accounts. M Kanungo represented RBI in the International Committee on Global Financial System, Financial Stability Board.  He was Chairman of Bharatiya Reserve Bank Note Mudran Private Limited, Chairman of the Governing Board of Indian Institute of Bank Management, Guwahati and RBI Nominee Director on the Boards of National Bank for Agriculture and Rural Development, National Housing Bank, Reserve Bank Information Technology Private Limited, etc .

Mr.Anand Raghavan

Mr. Anand Raghavan has over 20 years’ of rich experience in Sundaram Finance Limited, occupying several positions between December 1985 and June 2006. Experience includes Internal Audit, Finalisation of Accounts, representing before Regulators like RBI, SEBI, CBDT Corporate Affairs. He also has three years’ experience overseeing Tamil Nadu business operations relating to Vehicle Financing. Last Position held Vice President (Corporate Affairs). Over 10 years’ experience as Partner in Ernst & Young LLP between July 2006 and June 2016 covering Tax and Regulatory aspects of various industries like Financial Services, Real Estate, Auto and Auto components, Media and Entertainment. Speciality areas include NBFC Regulations, Corporate Tax and Foreign Investment and Exchange control regulation and Corporate restructuring. Advised Domestic groups in restructuring of business to achieve operational and regulatory effectiveness. Integral part of Lead Advisory engagements attracting private equity and strategic partners in industries covering Pharma, Financial Services and apparel manufacturing.

Mr. R S Krishan

Mr. R S Krishan is a Chartered Accountant (Institutes of Chartered Accountants of India and England & Wales (1986)).He has over 31 years of experience with mergers & acquisitions (M&A), private equity, capital markets (both Equity Capital Markets and Debt Capital Markets), securities/ cash equities, restructuring, structured finance, acquisition finance and similar lending activity and experience in Insurance industry.

Ms.Subhasri Sriram

Ms. Subhasri Sriram is currently the Joint Managing Director of Shriram Capital (P) Limited, the holding company and promoter entity of the financial services and insurance businesses of Shriram Group. She has more than 3 decades of professional experience including 24 years in Shriram Group’s Financial Services business and during this period for more than 15 years held the position of Executive Director & CFO of one of their listed Non-Banking Finance Companies. Has handled many critical assignments related to implementing new organization structures, improving business processes, raising several rounds of equity from marquee investors across the globe and raising external commercial borrowings. She has won the “Best Performing CFO in the NBFC Sector” for 2013 at the 8th edition of the awards instituted by a leading business television channel CNBC TV 18 and in 2016 she was also chosen as one of the most influential CFOs in India by CIMA. In the year 2022, won the Woman Leader of the Organization award from UBS Forums. She is a Postgraduate in Commerce, Fellow Member of the Institute of Cost Accountants of India (ICMAI) and the Institute of Company Secretaries of India (ICSI). She also holds Post Graduate Diploma in Systems Management from NIIT and Post Graduate Diploma in Cyber Laws from NALSAR, Hyderabad and is in the board of several listed and unlisted companies across industries.

Mr.Steven Phillipus Mostert

Mr Steven Phillipus Mostert has Graduated from the University of Stellenbosch, obtained an MBA from the same university, and also holds an Honours Degree in Educational Psychology from the University of South Africa. He has over 26 years experience in financial services. He has extensive experience in line management and delivering large transformation projects. He was instrumental in Sanlam's entry into India. He played the leading role in the implementation of a very successful Bancassurance programme across 5 African countries and Sanlam's entry into Nigeria. He is a member of the Sanlam Emerging Markets EXCO and serves on Shriram General and Shriram Life Insurance.

Mr.Umesh Govind Revankar

Mr Umesh Govind Revankar holds Bachelor's degree in Business Management from Mangalore University and a Master of Business Administration (MBA) in finance. He attended the Advanced Management Program at Harvard Business School. He has been associated with the Shriram group for the last 29 years and has extensive experience in the financial services industry. During his stint with the Shriram Group, he has shouldered various responsibilities and worked in several key roles of business operations. He is also the President of the Federation of Indian Hire Purchase Associations.

Mr.Duruvasan Ramachandra

Mr Duruvasan Ramachandra holds a Bachelor's degree in Commerce. He is a Commerce Graduate and has been serving the Shriram Group for more than 3 decades. He started his career with Shriram Chits at Chennai in the collection department and has worked his way up to being CEO and Executive Director of Shriram Chits P Ltd, Hyderabad. He was instrumental in the growth of the Company during his stint at Hyderabad and has expanded the Company from 16 branches to 202 branches. During his tenure the Company flourished as the largest chit fund company in the country. In terms of Auction Turnover, No of Branches, Manpower and Customer base, his contribution paved way for the Shriram Group to expand its Deposit and NCD portfolio. Mr. Duruvasan was the Managing Director and Principal Officer of M/s Shriram Life Insurance Company Limited. He also serves on the Board of M/s CES Limited, He has been inducted as Wholetime Director in Shriram Capital on 18th November, 2019.

Mr.Sanjeev Mehra

Sanjeev Mehra is a Director at TPG Capital Asia where he covers the Financial Services and Consumer sectors. He is based in Mumbai and has over 10 years of investing experience. Mr.Sanjeev has an MBA from London Business School and an undergraduate degree in Economics from Delhi University. He was appointed in the capacity of Non-Executive, Non-Independent Director of the Company in August, 2020.

Mr. V.Manickam

Mr. V. Manickam is a Science Graduate, Madras University and a Chartered Accountant by profession. He practised as Chartered Accountant in Chennai prior to joining LIC of India, Divisional Office, Nagpur in 1983. He has extensive experience in Life Insurance industry. Post retirement from LIC of India in 2012, he served for 8 years as Secretary General in Life Insurance Council – a Self-Regulatory Organisation under Insurance Act, 1938.

Mr. Venkatakrishna Narayana

Mr. Venkatakrishna Narayana is a Qualified Actuary with over 30 years of experience of working in the Life Insurance industry including Product Pricing, Prophet modelling, Actuarial valuation, Statutory reporting, US GAAP, IFRS 17, EV reporting, Business Planning, With-Profit Business Management, Asset liability management, Risk Management and Retirement Benefits.

Mr. Thian Joost Fick

Mr. Thian is an Executive for India and Group Initiatives of the Sanlam Group. His role is to oversee Sanlam’s investments in India and to maintain business relationships with Sanlam’s partners in India. He is also involved in other Group strategic initiatives by supporting and giving guidance to the operating entities with strategy development and execution, technical assistance, adhering to sound audit practices, appropriate governance, risk management, and compliance. Mr. Thian holds a Bachelor of Commerce in Actuarial Science from the University of Stellenbosch, South Africa, in 2005 and is a qualified Actuary and Fellow of the Actuarial Society of South Africa. He has over 18 years of experience in actuarial (both Life and General insurance), capital management and risk management.

Key Persons

  • Mr.Casparus Jacobus Hendrik Kromhout
    Managing Director & Chief Executive Officer
  • Mr.Manoj Kumar Jain
    Managing Director
  • Mr.Karanam Ramachandra Sekhar
    Managing Director
  • Mr.Johannes Gilliam Van Helsdingen
    Appointed Actuary and Chief Risk Officer
  • Mr.Anand Soni
    Chief Financial Officer
  • Mr.Ajit Banerjee
    Chief Investment Officer
  • Ms.Samatha Kondapally
    Company Secretary & Chief Compliance Officer


For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”


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