Evaluation of present company framework of LIC and revamp of company operations at department, division and zonal ranges with an intention to determine international greatest practices elements of the undertaking.
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The Life Insurance coverage Company of India (LIC) has roped in technique consulting agency A. T. Kearney for company transformation undertaking.
Apart from a overview of the prevailing company framework of LIC, the undertaking will contain revamping the company operations on the department, division and zonal ranges with an intention to determine international greatest practices, the insurer, which has about 14 lakh brokers, mentioned on Thursday.
“By means of the Jeevan Samarth undertaking, we intention to rework our company ecosystem to align with the quickly evolving wants of thousands and thousands of Indian households and offering them appropriate long-term financial savings, safety, medical insurance, ULIP and pension options,” LIC CEO and MD S. Mohanty mentioned.
The transformation train ought to end in “giving our already very dedicated brokers” extra instruments and extra expertise thus strengthening the bond between brokers and LIC, he mentioned.
