Birla Sun Life Insurance (BSLI) is a collaboration of the US$6.0 bn Aditya Birla Group and the US$16.7 bn Sun Life Financial of Canada. The group brings together global and Indian expertise into the realm of financial services.

Aditya Birla Group is India's first multinational corporation. It consists of companies based at transnational locations, comprising of some of the best known companies in India. It employs around 72,000 employees and has 70,000 shareholders spread across 40 countries around the world. The group is India's leading business house with a turnover of over US$6.01 bn and fixed assets worth US$5.7 bn. The company gets more than 30% of its revenues from its operations across the world. The group companies have attained a leading position in a range of key sectors. The Aditya Birla group, a premium conglomerate is a dominant player in all of the sectors in which it operates, such as copper, cement, aluminum, viscous staple fiber, viscous filament yarn, branded apparel, chemicals, carbon black, fertilizers, sponge iron, insulators, power, telecom, financial services and more recently insurance. It is the largest fully integrated aluminum producer in India. It is the world's largest producer of viscous staple fiber, largest single location refiner of palm oil, third largest producer of insulator, and fifth largest producer of carbon black. It is also amongst the world's largest producer of white cement and lowest cost producers of aluminum.

Sun Life Financial is a leading international financial services organization with headquarters in Toronto, Canada. Tracing its roots back to 1865, Sun Life Financial Inc. and its partners today have operations in key markets around the world, including Canada, the US, the UK, Hong Kong, Philippines, Indonesia, India, and China. With a history that dates back to 1871, Sun Life Financial has evolved from a single mutual life insurance to one of the most highly rated insurance and wealth management institutions in the world. Sun Life Financial group of companies has total assets under management of US$298.6 bn. The Sun Life Financial group of companies and their joint ventures offer a diverse range of products and services to individuals and corporate customers. These products and services fall into two principal business areas which are: Wealth management and protection.