Mumbai, June 29 -- HDFC Life Insurance Co. Ltd, India's second-largest private life insurer, is focusing on more partnerships and increased reach to sustain its industry-beating growth amid regulatory disruptions, managing director and chief executive Vibha Padalkar said.

The company is expanding its distribution by adding new branches and resources, Padalkar told Mint in an interview.

"We stand out as the only major insurance company to aggressively grow our branches, and have added more than 200 new branches over the past 24 months," she said. "These strategic moves are projected to drive significant top-line growth in times to come, ensuring we maintain our competitive edge."

HDFC Life's net profit increased 15% to Rs.1,800 crore in...