PACL Insurance Services Ltd. (PISL) was incorporated on 14th May, 2001 in Jaipur with the avowed object of promoting insurance business. It proposes to act as a catalyst to growth in this sector. It pursues life insurance business and provide necessary support to insurers to discharge their statutory obligations in rural and unorganized sector by creating awareness about benefits of insurance to economically vulnerable and backward class.
PACL Insurance Services Ltd. (PISL), a subsidiary of PACL India Ltd , was formed to conduct insurance business all over India for life as well as non-life products. PISL has tied up with OM Kotak Mahindra Life Insurance Co. Ltd. (OMKM), a joint venture between Old Mutual plc. of U.K. and Kotak Mahindra Finance Ltd.
PISL is a committed services organization which along with OMKM has jointly ventured into marketing of insurance products of OMKM all over India.
