An entry into this segment helped complete the client's product basket; concurrently, it graduated the Company into a one stop retail financial solutions provider. To ensure maximum reach to customers across India, we have employed a multi pronged approach and reach out to customers via our Network, Direct and Affiliate channels. Following the opening of the sector in 1999-2000, a number of private sector insurance service providers commenced operations aggressively and helped grow the market.
The Company's entry into the insurance sector derisked the Company from a predominant dependence on broking and equity-linked revenues. The annuity based income generated from insurance intermediation result in solid core revenues across the tenure of the policy.
|Over the last few years, India Infoline sharpened its competitive edge in this business segment through the following initiatives:|
Client base :
Grew its strong client base through knowledge-led analysis, translating into an attractive opportunity to cross-sell products and generate referral business.
Distribution network :
Invested in a distribution network of branches across different states, which provided it with an unmatched reach within its segment.
Hands-on training :
Invested aggressively in training its field force in product attributes across the insurance sector - highlighting various product details and marketing skills apart from regular meets where best practices are shared.
The Company provides a prudent mix of proprietary and outsourced technologies, which facilitate business growth without a corresponding increase in costs.
Research and advice :
Provided clients with advice on diverse investment products based on the customers existing and prospective financial profile.