Signal Desk · Markets

ICICI Life Insurance targets 20,000 new women advisors by FY2027

2026-10-15 · 2 sources · BusinessLine Money & Banking

In short

ICICI Life Insurance said it wants to hire 20,000 more women advisors across India by the end of FY2027. It already has more than 78,000 women advisors, about 32% of its advisor base, as of September 30, 2026.

The company says women bring in about 45% of agency business. The report does not say how fast the new hiring will happen or what it will cost.

What the reporting says

ICICI Life Insurance plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative. The company currently has over 78,000 women advisors, who make up around 32% of its advisor base and contribute about 45% of agency business, as of September 30, 2026. The immediate impact is a planned expansion of the women-led advisor network, while execution and hiring pace remain unknown.

Why it matters

ICICI Life Insurance outlined a plan to add 20,000 women advisors across India by FY2027 under its Narishakti drive. The company said it already had over 78,000 women advisors, representing around 32% of its advisor base and about 45% of agency business as of September 30, 2026. The move points to distribution growth, but hiring execution and financial impact were not stated.

Touches: ICICI Life Insurance, Insurance, Markets, Jobs

Sources