Reliance Insurance to add 20K agents across India this fiscal

Image
Press Trust of India Ahmedabad
Last Updated : Jun 09 2015 | 4:42 PM IST
Reliance Life Insurance Company (RLIC) today said it will add 20,000 agents across India in this financial year as part of its expansion plans.
"We are the agency company. We strongly believe that agents are our backbone and we invest in them. We have planned to increase our agency force by 20 per cent, which now stands at one lakh agents. Thus, we will be adding another 20,000 agents in this financial year," RLIC's Chief Agency Officer Manoranjan Sahoo said.
Sahoo was here for launch of RLIC's new child plan, called as 'Reliance Education Plan'.
According to him, Gujarat generates almost 10 per cent of their insurance business.
"Gujarat has been our favourite state in terms of business. 10 per cent of our business comes from here. We are having a strong agency presence here. We are having 56 branches having more than 8,500 agents working with us" he added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 09 2015 | 4:42 PM IST

Next Story