Picture this. You apply for an agent recruitment examination conducted by the Insurance Institute of India. You pass the examination and join Life Insurance Corporation of India (LIC). However, even before you join them, LIC will be able to look at your profile and ascertain whether you will stay for long or not.
B Venugopal, Managing Director, LIC said: “We are working on this system and the technology will be able to identify as to how long an agent is expected to stay with the company. While we are yet to implement it, this will be helpful in determining the longevity of an agent.” He was speaking on the sidelines of the D&B Insurance Summit.
