News From Press Hero’s insurance arm gets broking licence

Hero’s insurance arm gets broking licence

Source: Business Line Sep 21, 2018

Hero Insurance Broking India Pvt Ltd, part of Hero Enterprise, has received a three-year licence from the Insurance Regulatory and Development Authority of India (IRDAI). The broking entity has commenced operations from September 1.

The existing insurance business of Sunil Kant Munjal-promoted Hero Enterprise, which is carried out by Hero Corporate Service Pvt Ltd, will migrate to Hero Broking.

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