Aegon Religare to hire 10,000 agents this fiscal

September 23, 2009 04:42 pm | Updated 04:42 pm IST - New Delhi

Private sector life insurer Aegon Religare on Wednesday said that it would hire 10,000 agents in the current fiscal to support its expansion plans.

“We would hire 10,000 agents this fiscal taking the headcount to 12,000, out of which more than 2,000 have already been employed,” Aegon Religare Chief Executive Officer Rajiv Jamkhedkar told reporters.

In addition to this, the company plans to recruit about 300 sales managers in the current fiscal, he said.

To grow its business, the company intends to invest Rs 230 crore during 2009-10, out of which Rs 95 crore have already been infused.

The insurance firm, which is a three-way venture promoted by Religare Enterprises, Aegon of the Netherlands and Bennett, Coleman has launched its unit linked insurance plan- Aegon Religare Invest Maximiser- which the company claims would give the highest rate of return among other such instruments.

“The Aegon Religare Invest Maximiser Plan is aimed at providing the customer with the highest value and is a reiteration of our core strategy of being customer-centric both in terms of products as well as service and overall experience,” Mr. Jamkhedkar said.

The company also plans to launch 4-5 new insurance schemes in the next six months.

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