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Tuesday, Jul 20, 2004

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Money & Banking - Life Insurance


ICICI Prudential opens Secunderabad branch

Our Bureau

HYDERABAD: ICICI Prudential Life Insurance on Monday inaugurated its office in Secunderabad, the second branch in the twin cities and fifth in the State. The insurance company currently has branches in Hyderabad, Guntur, Vijayawada and Visakhapatnam, according to a press release.

The insurance company Head, Agency Sales (South and West), Mr Mukesh Dhawan, said the company, as a leader in the private life insurance segment, aims to expand its presence across the country in a systematic manner. It has already established a strong presence in Southern India and expects to see substantial growth in its business from the new branch at Secunderabad.

The insurance major has already selected over 300 insurance advisors in Secunderabad and is in the process of recruiting more as the branch ramps up its activities, Mr Dhawan said. - Our Bureau

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