Highest Volumes Of Business In Hyderabad Region : SBI Life Insurance

04 December, Hyderabad

SBI Life Insurance MD and CEO Arijit Basu has said that Hyderabad Region, comprises of both Telangana and Andhra Pradesh states and contributing highest volumes of business in terms of new business and renewal out of 14 Regions in the country.

Speaking after inaugurating its new branch at Himayatnagar, here Basu said that the company was planning to recruit 4000 insurance Advisors in this financial and targeted new business premium of Rs 700 crore and Gross Premium of Rs 2100 crore.

He said SBI Life Insurances Hyderabad Region has produced 600 high performers who did business more than Rs 25 lakh a year. This year our aim is to double this number. This year we are planning to open up few more offices in the Region.

Hyderabad was the strongest region and very important market for us Basu said.