24 November, 2008

Big Bold move-to the MAX by the MAX NEWYORK

Max New York Life would break-even in the financial year 2011-12,thats what the c Max New York Life Insurance's Chief Executive Officer and Managing Director Rajesh Sud said .

They are planning to increase their paid-up capital to Rs 3,600 crore by the financial year 2011-12. 

The firm plans to increase its  head-count from the current 15,200 employees to around 25,000 by FY 2011-12

Currently, they have presence in 295 cities with 475 offices,and are planning to open more than 900 offices in urban markets and around 700 offices in emerging markets (Tier II towns and rural centres) by FY 2011-12.

They  have over 61,500 agent distributors and are plan to increase it to around 3,50,000 by FY 2011-12..

looking at the grim outlook and saying such bold expectation of the company  had kept me thinking .. havent heard any gloomy news of them as of now .... Hope they will reach to the maximum as ..all the best ..!u r on my radar::::::