Vizag Branch to Boost Local Business Through Active Advisor Recruitment
365Telugu.com online news, 14th December 2024: IndiaFirst Life Insurance Company Limited (IndiaFirst Life) has achieved a significant milestone by launching 18 new Agency branches in less than three months. This initiative, part of the company’s strategic expansion under the #AgencyNirmaan program, is set to strengthen its presence across India and make life insurance solutions more accessible to diverse communities.
Driving Multi-Channel Growth
Rushabh Gandhi, Managing Director & CEO of IndiaFirst Life, highlighted the importance of this move:
“Expanding our Agency channel across India is a pivotal step in fortifying our presence and diversifying our distribution network. Complementing our established Bancassurance business, this expansion aligns with our vision of transforming into a robust multi-channel distribution organization. Over the next two to three years, we aim to establish approximately 100 Agency branches nationwide.”
Focusing on Local Outreach
Sumeet Sahni, President – Agency Channel, emphasized the broader goals of #AgencyNirmaan:
“This initiative underscores our commitment to building a strong Agency network across India, ensuring we reach the last-mile customer with need-based insurance solutions. These branches will also create employment opportunities, contributing to socio-economic growth in the regions we serve.”
https://www.indiafirstlife.com/
The newly launched branches, including the one in Vizag, feature state-of-the-art infrastructure and are staffed with trained professionals. These branches aim to deliver personalized insurance solutions and actively engage in community outreach programs, promoting the importance of financial planning and insurance.
Commitment to ‘Insurance for All by 2047’
Aligned with the regulator’s vision of achieving “Insurance for all by 2047,” IndiaFirst Life’s #CustomerFirst philosophy drives this expansion. The company is well-equipped with innovative products, a robust distribution network, and a customer-centric approach to solidify its position as a leading player in the life insurance sector.
About IndiaFirst Life Insurance Company Ltd
IndiaFirst Life Insurance, headquartered in Mumbai, is one of the youngest life insurance companies in India, with a paid-up share capital of INR 754 crores. Its major shareholders include Bank of Baroda (65%), Union Bank of India (9%), and Carmel Point Investments India Private Limited (26%), a subsidiary of Warburg Pincus LLC, USA. IndiaFirst Life is distinguished by its simple, fairly priced products and efficient service, ensuring financial security for all. For more details, visit www.indiafirstlife.com.