Bharti AXA Life added 10,000 new hires for the role of Life Insurance Advisors to embark on the journey of aggressive business expansion.
Earlier the company has registered a 33 percent rise in advisor hiring to 38,000 agents during 2018-19 as against 28,638 insurance advisors as on March 31, 2018. In the current fiscal, the company has already added 10,000 employees and 50 new branches.
Vikas Seth, Managing Director of Bharti AXA Life Insurance, shared in media, "The addition of 10,000 insurance advisors and 50 new branches during the current financial year will strengthen our distribution bandwidth and help in new customer acquisition."
He further shared, "With branch expansion and recruitment of insurance agents, the company is aiming to create a stronger presence and enhance the width and depth of its reach in the country."
The company recorded a 40 percent growth in its new business premium to Rs 617 crore during the April-December period of 2018-19 from Rs 442 crore in the corresponding period a year ago.