Business Daily from THE HINDU group of publications Friday, Aug 18, 2006 |
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Money & Banking
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Insurance Markets - Financial Services Corporate - Diversification Our Bureau
Enam Financials Consultants Pvt Ltd has decided to venture into the insurance broking business through Enam Insurance Broker Pvt Ltd. The new firm will offer insurance products to corporates and individuals in the life and the non-life insurance segments. "The company will expand the scope of services by utilising the group's existing network and tapping cross-selling possibilities," said Dr Dadia, Director, Enam Insurance Broker Pvt Ltd. The concept of insurance broking is still at a nascent stage in India, he said. "Given the low levels of insurance penetration across categories, there is a huge potential for corporates as insurance brokers."
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