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Money & Banking - Life Insurance
States - Kerala
Kotak Mahindra Life expanding

Kochi, March 31

Aimed at deepening its reach to more centres in Kerala, Kotak Mahindra Old Mutual Life Insurance Ltd (Kotak Life Insurance) has formally announced its operations in Kannur and Patanamthitta districts. With this, Kotak Life now has 7 branches in the State. Mr Mayur Ankolekar, Senior Vice-President, Alternate Channels, Southern Region, Kotak Life, inaugurated the branch offices. He said that Kannur and Patanamthitta are traditional business centre in the State and people have high disposable income, thus a potential market for selling insurance and investment products. With the launch, Kotak Life Insurance now has formally launched 128 branches across India. Apart from these cities the new branches will cater to Kasaragod, Thalassery, Vatakara, Nadapura, Thiruvalla, Kumbanad, Kozhenchery, Ranni, Vadasserikkara, Adoor, Konni, Pathanapuram, Aranmula and Pandalam. - Our Bureau

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