Life insurance arm to enter tier-II, III cities

Shriram Life Insurance Company Limited, the joint venture between the Shriram Group and South Africa-based insurance company Sanlam, on Tuesday said that it will soon enter north, east and west India. Following the successful launch of its operations in south India, the company now plans to extend its presence to more than 100 cities over the next 3-4 years. In addition, the company plans to recruit 5,000 field sales officers and 500 business managers to support its expansion plans. Johan van Zyl, Sanlam Group CEO, said, We cherish our relations with the Shriram group and are keen to take our ...

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