Business Daily from THE HINDU group of publications Friday, Jun 29, 2007 ePaper |
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Money & Banking
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Life Insurance States - Andhra Pradesh Tata AIG Life announces expansion plans
Our Bureau Kochi, June 28 Tata AIG Life Insurance Company Ltd has announced major expansion plans in Kerala by opening seven new full service branches in the State. The seven new offices will be in Pathanamthitta, Thrissur, Kollam, Kozhikode, Palakkad, Alappuzha and Kasargod. The current expansion in Kerala is part of an increased thrust towards expanding the presence of Tata AIG Life offices across the southern zone. Tata AIG Life has embarked on a national accelerated growth strategy with the vision of opening 120 new offices in the country by August for an overall pan-India presence of 200 offices across 102 locations, said Ms Neetasha Joshi, Senior Vice-President and Zonal Business Head (south). The opening of these new branch offices across Kerala is an integral part of the overall retail thrust and the company’s strategy to continue to reach regional commercial centres. Strengthening its distribution network will enable the company to deepen its market penetration and cater to a wider spectrum of customers in the State and the southern region.
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