The Hindu Business Line : Max New York Life signs MoU

JALANDHAR: Max New Life Insurance in partnership with Punjab Technical University (PTU) on Tuesday announced the launch of a Diploma Program in Insurance Management (DPIM).

The program offers professional training in specialized subjects such as Insurance Sales Practices and Management, Insurance Products, Legal and Regulatory Aspects of Life Insurance and would also cover the fields of General and Marketing management.

The Memorandum of Understanding (MoU) was signed between Mr Rajit Mehta, Executive Director and Chief Operating Officer (COO), Max New York Life, and Mr Sandhir Sharma, Deputy Dean, PTU.

Speaking on the occasion, Mr Rajit Mehta, Executive said, "With the rapid growth in the Indian insurance industry over the last few years, there is an increasing need for skilled professionals in the sector. One of the most effective ways to provide a re ady pool of productive talent is to establish a strong industry- academia partnership. Keeping this approach in mind, we have designed our strategy to partner with niche institutes to train and develop insurance professionals.''

"Our tie-up with Punjab College of Technical Education is a part of this initiative and we look forward to providing a strong platform for graduates to learn and build careers in specialized functions of life insurance. On successful completion of the c ourse, they will be offered the position of Associate Sales Manager at Max New York Life Insurance'', he added. - PTI

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