Exit of 3 lakh agents puts insurance sector at risk

Feb 24

Exit of 3 lakh agents puts insurance sector at risk

In the first three quarters of the financial year 2011-12, more than 3 lakh active insurance agents have quit the profession. Insurance companies such as Life Insurance Corporation of India (LIC), ICICI Prudential and HDFC Life have seen mass exodus owing to lesser incentive to agents when compare with other similar sophisticated industries.
http://economictimes.indiatimes.com/news/news-by-industry/jobs/exit-of-3-lakh-agents-puts-insurance-sector-at-risk/articleshow/11997738.cms

 

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