Author Topic: Channel Development at Max New York Life  (Read 1155 times)


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Channel Development at Max New York Life
« on: January 23, 2015, 11:31:54 AM »
Channel Development at Max New York Life

The insurance market in Asian nation is associate underdeveloped market that was solely abroach by the state in hand LIC until the entry of personal insurers. The penetration of insurance merchandise was twenty two % of the whole four hundred million of the insured population. Most customers were under- insured with no flexibility or transparency within the merchandise. With the entry of the personal insurers the foundations of the sport have modified.

Life insurance business in terms of 1st year premium has shown a growth of quite ninety fifth over the previous year and non life, or general insurance, isn't so much behind either, growing at twenty second throughout 2006-07.The fifteen personal insurers within the insurance market have already grabbed nearly twenty four % of the market in terms of premium financial gain. The new business premium of the fifteen personal players has tripled over last year. Meanwhile, state in hand LIC's new premium business has fallen. Figure shows comparison between premiums being collected by personal and public restricted players in year 2006 and 2007.

The main objective of the this project “Channel Development” is to recruit quality agent advisers (AA) for the corporate for providing insurance solutions to the shoppers. AA plays an important role within the growth of company with respect of company’s earnings still as they produce price for the organization when achieving some milestones. AA are integral a part of the team and sales manager assigned to them facilitate them to groom them in terms of temperament development, merchandising skills and handling objections of consumers.


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Channel Development at Max New York Life
« on: January 23, 2015, 11:31:54 AM »


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Re: Channel Development at Max New York Life
« Reply #1 on: May 16, 2015, 10:48:40 AM »
Looks good, thank you for sharing the project.