In pursuance to the Final Order No. IRDA/LIFE/ORD/MISC/267/12/2014 dated 1st December, 2014 in the matter of Future Generali India Life Insurance Co. Ltd., while conducting an audit by an independent Chartered Accountant firm (Verma Mehta & Associates, Mumbai) into the outsourcing arrangements and the structure/shareholding pattern/composition and existence of all the outsourced entities, it was reported that the following 24 entities were not traceable for physical visit and investigation/audit.
On examining the whole matter, the Authority hereby publishes the list of 24 entities and advises all the Insurers to exercise caution and additional due diligence in confirming and validating the existence of these entities.
The details of 24 entities are given below:
Sl. No.
Description
Name/ Address 1
Name/ Address 2
Name/ Address 3
Town/ City
State
Postal Code
1
Aadhar Enterprises
A-2Nd, 33,
Rail Vihar Colony,
Aashiyana,
Lucknow
Uttar Pradesh
226013
2
Apex Financial Services
Garha Road,
Behiend Hotel Kings,
Jalandhar
Punjab
144001
3
A-One Financial Services
Bhawani Nagar,
Talab Tillo,
Jammu
Jammu & Kashmir
180001
4
Archers Marketing & Brand Solutions
Mm-257,
Sector-D,
Aliganj,
Lucknow
Uttar Pradesh
226024
5
Apex Management Solutions
Renu Prestige,
Near Walawalkar Hospiral,Main Road,
Shivaji Udyamnagar,
Kolhapur
Maharashtra
416008
6
EQIFACS
2,5Th Street,
Guru Swamy Nagar,
Anakaputhur,
Chennai
Tamil Nadu
600070
7
Guru Bio-tech
Dahisar Apartment,
C.S.Road,
Dahisar (E)
Mumbai
Maharashtra
400068
8
Harvic Management Services India Ltd.
A/29, Nandham Industrial Estat
Marol Maroshi Road,
Andheri (E)
Mumbai
Maharashtra
400059
9
I One Solutions
Flat No.101,
Siri Towers Kalyan Nagar,
Hyderabad
Andhra Pradesh
500018
10
Jangla Impex Private Limited
A-29,Nand-Dham Industrial Estate,
Marol Maroshi Road,
Andheri (E)
Mumbai
Maharashtra
400059
11
Kunal Air Cool
H-43, Sidharath Nagar Zopadpati Sangh,
R.B.Kadam Marg,
Bhatwadi,Ghatkopar (W)
Mumbai
Maharashtra
400084
12
MSK Marketing Resource
H-91 ‘A’ C-Block,
Tnhb,
Alagapuram Housing Unit,
Salem
Tamil Nadu
636007
13
Phoenix Consultancy
B-4 Brameshwar Residency,
Near Ubha Maruti Chowk,
Shivaji Peth,Plot No.1764/3/4,
Kolhapur
Maharashtra
416012
14
Prarabdh Solutions Pvt Ltd
1106,Building No.5,
Sapphire Height,Lokhandala Com,
Kandivali (E),
Mumbai
Maharashtra
400101
15
Reach Enterprises India Pvt Ltd
Ho 3-6-365 Flat No 307,
5Th Floor Liberty Plaza
Himayath Nagar Hyderabad
Hyderabad
Andhra Pradesh
500029
16
Real & Royal Multi Services
66/40/10,, Nil
Kalibari Road,, Purbachal,
Nabanagar, North 24 Parganas
Kolkata
West Bengal
743136
17
Saturn Insurance Solutions Pvt Ltd
A-34
Upkar Apmnts
Mayur Vihar-1
Delhi
Delhi
110091
18
Shankar Singh
Baluram Ki Gali
Jaipur Road
Sikar
Rajesthan
Rajesthan
332001
19
Sandhya Entertainment
Vill-Nonaganj,P.O-Bhaganghat,
Nadia Operation Off.94,
Baruipara Lane,
Kolkata
West Bengal
700035
20
Star Manpower Services
3D Floor,Rose Cottage,
14Th Cross,Aroyakaniyam,
2Nd Main Road,Annasandra Palya
Bangalore
Karnataka
560017
21
Sina Pharma Pvt Ltd
Aya Nagar Extension,
Phase-V,Aya Nagar,
New Delhi
Delhi
110047
22
Tripace Marketing Services Pvt Ltd
B-210, North-Ex Mall,
Sector -9,
Rohini
New Delhi
Delhi
110085
23
Vishwasuja
Mahindra & Mahindra Showroom,
S R Nagar,
Hyderabad
Andhra Pradesh
500038
24
Y Se-Commerce Pvt.Ltd.
Add-306
Bussa Udyog Bhavan
T.J. Road Sewri (W)
Mumbai
Maharashtra
400015
(Nilesh Sathe)
Member (Life)
Place: Hyderabad
Date: 20th May, 2016
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