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Topic: Business
Number of pages / Number of words: 8 / 2161
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Banks becoming a corporate agent need to designate a senior executive to be the nodal point with responsibility to account for adherence to the terms of the insurance regulation. From a regulatory perspective, we would prefer that insurance companies go in for a more formal corporate agency model rather than the referral model...


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From a regulatory perspective, we would prefer that insurance companies go in for a more formal corporate agency model rather than the referral model.

In India, there are 75 branches per million inhabitants and banks have expertise on the financial needs, saving patterns and life stages of the customers they serve...


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