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News From Press IDBI Life Insurance will primarily be bancassurance-led, says CEO

IDBI Life Insurance will primarily be bancassurance-led, says CEO

Source: Business Line Aug 22, 2017

After enjoying strong growth in the past three years on all fronts, IDBI Federal Life Insurance, a bancasurrance-led company, is now looking to bolster its financial position as it rides on the improved demand for individual life insurance in the country post demonetisation.

Vighnesh Shahane, Chief Executive Officer and Whole-time Director, was quite ecstatic about the growth recorded by the company in the individual insurance business in the recent June quarter. He shared with BusinessLine the strategic intent of the company for the short and medium terms. 

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