From homemakers and salaried professionals to businesswomen, ICICI Life Insurance Limited is looking to create more career opportunities for women, announcing plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative.
Announced during Navratri, the expansion marks the second anniversary of the initiative, launched in 2024 to help women become financial planners without upfront investment. The programme offers training, professional support and flexible working schedules, enabling women to balance careers with family responsibilities while gaining financial independence and recognition.
As of September 30, 2026, the company had more than 78,000 women advisors, who contributed around 45% of its agency business despite representing approximately 32% of its total advisor base. Their contribution exceeded 50% in Bengaluru, Kerala and Mumbai, while 47% of the company’s women advisors had been associated with it for more than 10 years.
Amish Banker, Chief Distribution Officer of ICICI Life Insurance Limited, said, “We, at ICICI Life Insurance, firmly believe that ‘Talent has no gender’.”
He highlighted women’s empathy, commitment, loyalty, multitasking and problem-solving abilities as valuable strengths in understanding customer needs and building lasting relationships.
The company said the initiative aims to strengthen women’s participation in financial services while supporting the government’s vision of “Insurance for All by 2047” and helping secure families across India.
