Tuesday, April 1, 2008

Max New York Life Plans To Set Up More Offices

Max New York Life Insurance Co Ltd, a joint venture between New York Life and Max India Ltd, is planning to augment the number of its offices and agent advisors in the eastern region as part of its latest expansion plan, Mission Everest.

As per Mission Everest, the company plans to open 500 offices by 2011 to boost health and pension schemes. The mission also targets to increase the number of direct agents from the existing 30,000 to 2 lakh by 2011. At present, the eastern region has got 24 offices. Out Of that, three are in West Bengal.

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