Future Generali India Life Insurance Company is a joint venture between Future Group of India and Generali Group based in Italy. Future Group is one of India's leading business groups with interests in retail, consumer finance, insurance, real estate and the entertainment space. Future Generali to hire 346 people, 2,000 distributors in 2020 05 Feb, 2020, 11:56AM IST "The company intends to recruit close to 346 employees and 2,058 distributors in the current year, and is hopeful of further increasing these numbers in the next two years," a Future Generali India Life Insurance spokesperson said. Post completion of the transaction, Future Group continues to hold 52 per cent shares in Future Generali India Life Insurance Co (FGLICL), the filing added. On March 8 this year, Future Retail had informed that it had entered into a share-purchase agreement with IITL to sell its 22.5 per cent shareholding in FGILICL .