The story
Founded by Analjit Singh in 2000.1
Max Life Insurance started as a joint venture between Max Financial Services and Mitsui Sumitomo Insurance Group. The former owned 68% of the company while the latter owned 26%. After forming the joint venture partnership with Mitsui Sumitomo, Max Life changed its name from Max New York Life in 2012. In February 2016, Axis Bank held a 6% share in Max Life. On 13 December 2024, Max Life Insurance rebranded itself to Axis Max Life Insurance.
From Wikipedia’s article on Axis Max Life Insurance, shared under CC BY-SA 4.0.4