Max New York Life Insurance Company Ltd is a joint venture between New York Life, a Fortune 100-business and Max India Limited, one of Indias authoritative multi-business enterprises. The business has placed self for the quality platform. In line with her view on the most admired life insurances-business in India, but self has developed has been based by a strong corporate governance model on the fundamental landlords of excellency, honesty, knowledge, care, integrity and team work. The strategy is self as a familiar life insurances specialist through means of a quality approach of the business world.
In line with the landlords of the financial responsibility, Max New York Life, prudente has to see to financial practices for the safety of the policy holder the funds. The Business has been poured is Rs kapitaal. 907.4 crore, what lake is then the standard determined by IRDA.
Max New York Life has identified individual agents as her primary distribution channel. The Business place consists test many emphasis on the selection, that of four phases - screening, psychometrische, career seminar and last one interview. The agents counsellors have been trained to see to in-house for an optimal control on the quality of the training.
Max New York Life invests considerable in the training and each agent has been trained for 152 hour in contrast till the mandatory 100 hour fixed by the IRDA vóór begin to sell on the market. Training is a continuous trial for the agents on Max New York Life and sees to for the development of knowledge and skills through means of a structured program spread 500 hour from now in two year. This emphasis on continuous quality training has resulted in the partnership that under the most rate agent pass in IRDA examinations and the agents have the most productivity by private life insurers.
345 agents counsellors qualified for the Million Dollar Round Table (MDRT) the membership in 2006. MDRT is an exclusive congregation of of the worldly best selling insurances agent and is international recognized as the standard of uitmuntendheid in the life insurances business.
After a best in class agency distribution exemplarily in the place, the business an important intention in supplementary distribution channels plays be, to grow further business. The enterprise is with help of a five fronts strategy to set alternative distribution channels. These encompass the franchisenemer models, rural business, direct sales force by which collective insurances and telemarketing chances, bank verse time and corporate alliances.
Max New York Life offers a suite of flexible products. It has now 31 life insurances products and 8 racers that can be adapted to more than 800 combinations possible customers to choose for the administration that the best justest by their need.
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What is Life Insurance?
