Reliance Life to recruit 40,000 advisors in 6 months

Reliance Life Insurance is focusing on Tier II and Tier III cities to hire insurance advisors

September 27, 2012 4:34 IST | India Infoline News Service
Reliance Life Insurance Company (RLIC), part of Reliance Capital Limited, today announced that the company has hired over 10,000 insurance advisors in the current financial year.

The company plans to recruit another 40,000 insurance agents in the next six months to strengthen its existing advisor base in the country.

Malay Ghosh, President and Executive Director, Reliance Life Insurance, said, "We have added close to 10,000 insurance advisors in the past few months and are targeting to recruit 40,000 more by the end of the current financial year to increase our reach. This will strengthen our distribution network and help in new customer acquisition," said Mr. Ghosh.

Reliance Life Insurance is focusing on Tier II and Tier III cities to hire insurance advisors and boost the existing advisor network across the country.

“Semi-urban and rural regions are on our radar for recruitment of these insurance advisors. We are attempting to create a stronger footprint across India with a view to enhancing the width and depth of our reach across the country,” he added.

RLIC would help these new 50,000 advisors to become certified insurance advisors in the current financial year thus adding to the pool of certified agents who will serve as growth driver for the Life Insurance Industry in the coming years.

Reliance Life Insurance is investing significantly in its training and technology programs to equip its agents with tools and help them sell better and service customers effectively and efficiently. Over 200 trainers and about 1,000 master trainers will train and educate the new insurance agents.

“The main focus of hiring and training is to further strengthen the agency model for selling various insurance products and servicing customers efficiently. We aim to reach out to all segments of the society,” said Mr. Ghosh.

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