LIC on June 4, announced the launch of ‘Jeevan Samarth’, an initiative aimed at transforming the agency ecosystem. To achieve this, Life Insurance Corporation (LIC) has partnered with a global consulting firm, which will undertake this agency transformation project by reviewing its existing agency framework on an end-to-end basis.
It will entail revamping the agency operations at the branch, division and zonal level directed towards establishing global best practices in the wake of the fast-changing industry and regulatory landscape of the insurance sector, LIC said in a statement.
“Through the ‘Jeevan Samarth’ project, we aim to transform our agency ecosystem to align with the rapidly evolving needs of millions of Indian families and provide them suitable long-term savings, protection, health insurance, ULIP and pension solutions“.
Highlighting the importance of enabling and empowering the agents, he said, this transformation exercise should result in giving more tools and additional skills, thereby making the bond between agents and LIC stronger. He also called upon the young men and women of the country to join hands with LIC by choosing life insurance marketing as a rewarding career and participating in shaping the future of the insurance industry.
Many cities around the world are given special names because of what they are best…
In ancient India, many powerful kings ruled large empires and were known for their bravery,…
Norway is a peaceful and beautiful country in Northern Europe. It is known for its…
The Unique Identification Authority of India (UIDAI) has taken a significant step towards improving public…
Odisha, a state in eastern India, has a rich history in culture, art and transport.…
Uttar Pradesh is one of the largest states in India and is known for its…