Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (36.5 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (25.5 per cent). Punjab National Bank is also a shareholder of the Company, holding 13% as an investor, while the remaining 25% is held by other public shareholders and other investors. As a bancassurance-led insurance company with its corporate office at Gurugram, Haryana and more than 100 branch offices as of September 30, 2025, pan India, Canara HSBC Life brings together the trust and market knowledge of public and private banks.For more than 17 years now, Canara HSBC Life Insurance has sold insurance products to customers through multiple channels and a well-diversified network of Canara Bank, HSBC Bank and its other bancassurance partners located in multiple [Tier 1, 2 and 3] cities across the country. Canara HSBC Life Insurance has a vast portfolio of life insurance solutions and offers various products across individual and group spaces comprising of life, term plans, retirement solutions, credit life and employee benefit segments through partner banks and digital.With an aim to provide simpler insurance and faster claim process, Canara HSBC Life Insurance intends to keep the promises of their customers alive with their “Promises Ka Partner” philosophy.
SaaS Adoption
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Enlyft tracks the use of over 15,000 technologies and has proprietary data on over 18 million companies worldwide.
Canara HSBC Life Insurance uses 5 different technologies from 109 different vendors. They have above average use of several technologies including Microsoft power BI, Tableau and Salesforce.com CRM.
Canara HSBC Life Insurance uses products from 75 different product categories. They are particularly heavy users of products in Software Frameworks, Database Management System, and Operating Systems.
Enlyft tracks the use of over 15,000 technologies and has proprietary data on over 18 million companies worldwide.
| Technology | Category | Vendor | Usage |
|---|---|---|---|
| Linux | Operating Systems | The Linux Foundation | ![]() |
| AngularJS | Software Frameworks | Angular | ![]() |
| PostgreSQL | Database Management System | PostgreSQL Global Development | ![]() |
| Node.js | Software Frameworks | Node.js Foundation | ![]() |
| Skype | Unified Communications | Microsoft Corporation | ![]() |
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