BELAGAVI
Lokamanya Multipurpose Co-op Society (LMCS) and Life Insurance Corporation of India (LIC) have renewed their corporate agency agreement to market LIC products since July 2017.
Sr Divisional Manager A D Warakari and Marketing Manager Y M Mural of LIC Belagavi division renewed the Corporate Agency Renewal Agreements with LMCS founder chairman Kiran D Thakur and CEO Abhijit Dixit.
Thakur said the 213 LMCS branches in Maharashtra, Goa, Delhi and Karnataka have been doing extremely well in selling insurance products, since tie up began with LIC, thereby helping customers secure their lives.
During the meeting, Warakari appreciated the performances by LMCS.
“As on date, the society has sold 511 policies with first year premium of Rs 4.76 crore and secured the first position among the bank assurance in the Belgaum division comprising the districts of Belagavi, Bijapur and Bagalkot.
The society has stood 10th in the south-central zone comprising Karnataka, Andhra Pradesh and Telangana, while securing 6th rank at the all-India level among corporate agency new business.
Thakur expressed happiness and gratitude about the services and cooperation of LIC and assured to procure new business in future.
