Country’s leading life insurance company Tata AIA Life Insurance has launched 100 new branches to take its distribution facilities across the country.
At present, the company has more than 128 branches in 175 cities in 25 states of the country. The company has made a strong foray into agency, broking, bank insurance, assisted purchase and online business. As part of this expansion, the company is expanding its reach to more than 18 cities in the country. This includes states like Maharashtra, Gujarat, Rajasthan, Uttar Pradesh and West Bengal.
In the new 100 digital branches, out of more than 60 branches, more than 60 branches have started functioning and all other branches are expected to start functioning by the end of November.
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Tata AIA Life Insurance has decided to open a new branch to promote life insurance in the country. The company expects this expansion to make a significant contribution to the insurance sector. All branches will be able to work completely digitally. In which customers will be able to interact with the branch officials through video call.
So much so that if customers visit the branch, they can complete their entire work through Self Service Digital Kiosk. You can get answers to questions. With such a digital branch, it will be easy to follow social distancing.
Speaking on the occasion, Naveen Tahilyani, MD & CEO, Tata AIA Life Insurance said, “In today’s challenging times, more and more customers focus on their safety and savings. In such a situation, we are starting Digital Branch to provide many types of facilities to the customers. The growing needs of customers can be easily met through these digital branches. Along with this, the COVID protocol can also be followed.
At the same time, the company’s Chief Agency Officer Amit Dave said, 70 out of 100 new digital branches are being started in those places where we do not have an existing agency. This will expand our reach and the local people will also benefit from it.
He further said that the biggest feature of this expansion is that it will provide jobs to more than 10,000 people. They will be able to work as an insurance consultant as an employee of the company.
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