Max Life Insurance, which has 289 offices across India, is all set to expand. It plans to add at least 61 more offices by 2019 and one lakh agent advisors by 2021.
The aim is to improve its agency distribution channel. In keeping with this objective, the Company has also entered into a knowledge partnership with former New York Life executives, who will share their knowledge and experiences with the Max Life team to help strengthen its agency channel in the country. The collaboration is the step in the right direction considering Max Life’s core strategy is to make its agency channel strong, so that there is an increase in business through its proprietary business channels.
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