Met Life today?
IIPM BEST MBA INSTITUTE
The Indian insurance market is on fire and MetLife has ambitious plans!
Like
hoards of other global majors, this US-based insurance biggie entered India in 2001, after the insurance sector was liberalised. The difference today is that this insurance major has upped its ante in the Indian market by launching an aggressive expansion plan, pumping in a cool $100 million as capital. The news comes as no surprise given that globally MetLife Inc. is targeting 15% of its total income to come from its international operations, specifically India and China. To grow at a faster pace in India, MetLife has adopted the mantra of vigorous expansion.
Working towards getting 5 million customers by 2010, MetLife India is focussing on expansions through institutional tie-ups. Its most recent teaming up with UTI Bank for its bancassurance channel, is expected to further strengthen MetLife’s national footprint. 4Ps B&M spoke with Gaurav Suri, Director-Marketing, MetLife Insurance, India, to get an inside perspective on MetLife’s India plan.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
The Indian insurance market is on fire and MetLife has ambitious plans!
Like
hoards of other global majors, this US-based insurance biggie entered India in 2001, after the insurance sector was liberalised. The difference today is that this insurance major has upped its ante in the Indian market by launching an aggressive expansion plan, pumping in a cool $100 million as capital. The news comes as no surprise given that globally MetLife Inc. is targeting 15% of its total income to come from its international operations, specifically India and China. To grow at a faster pace in India, MetLife has adopted the mantra of vigorous expansion.Working towards getting 5 million customers by 2010, MetLife India is focussing on expansions through institutional tie-ups. Its most recent teaming up with UTI Bank for its bancassurance channel, is expected to further strengthen MetLife’s national footprint. 4Ps B&M spoke with Gaurav Suri, Director-Marketing, MetLife Insurance, India, to get an inside perspective on MetLife’s India plan.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
Labels: 4Ps, Business and Economy, Dean of IIPM, DR MALAY CHAUDHURI, IIPM, IIPM NEWS, ITES, ITES PLANMAN, Post Graduate Courses, Professor Arindam Chaudhuri, Renowned Management Guru and Economist
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
posted by Surender @ 12:16 PM
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