Insurance Companies

Life Insurance Corporation of India

Birla Sun Life Financial Services

The New India Assurance Co Ltd

Shriram Group to enter into General Insurance sector
Signs agreement with Sunlam of South Africa

ICICI Prudential to focus on rural side expansion
Plans to expand its distribution network

Capital guarantee scheme from Bajaj Allianz Life Insurance
Fund to be launched in 2007

Max New York Life opens branch at Visakhapatnam
Plans to insure one million policies by June

Police bust insurance racket

ESI Adalat on October 14

Visakhapatnam, May 22, 2006

Plans to insure one million policies by June

The joint venture insurance company of New York Life and Max India Limited has opened its Visakhapatnam branch. This is the fourth branch of the insurance company in Andhra Pradesh after Hyderabad and Vijayawada. Max New York Life current has 66 offices spread across 41 cities in the country.

Speaking to reporters, Gary Bennett, CEO and Managing Director said that the company will be opening 36 more branches by the end of the year. The company currently offers 22 type of products, eight options and 400 types of customization options.

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