Exide Life to add 18,000 new agents in FY15

India Infoline News Service | Mumbai |

At present, the insurer has an agency force of 35000 agents

Exide Life Insurance is planning to recruit 18,000 new agents in the current financial year, according to a media report.
At present, the insurer has an agency force of 35000 agents. A minimum of 25% of the 18,000 new agents will come from North India, where the company wants to expand its business, the report added.
In 2013-14, the company reported a net profit of Rs53 crore, more than double the net profit of Rs 23 crore recorded in the last fiscal.


 

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