Mahindra Insurance Brokers (MIBL) hopes to reach an additional 1.25 lakh villages to cover a total of nearly 2.50 lakh villages in the next three years, according to Managing Director Jaideep Devare.
It took nearly 10 years to reach 1.25 lakh villages, but will take only three years to double the reach from hereon. The company is utilising the infrastructure of Mahindra Financial across the country, he told newspersons.
Mahindra Insurance is a broking subsidiary of Mahindra & Mahindra Financial Services, which, in turn, is part of the Mahindra Group. MIBL provides both direct insurance and reinsurance broking services that include health, wealth (asset protection) and life insurance solutions.