TATA-AIG ANNOUNCES EXPANSION PLANS IN ORISSA

Indian life assurance joint venture Tata- AIG intends to double to 20,000 its number of agents in the eastern Indian state of Orissa. Tata AIG Life chief distribution officer Joydeep Roy said that “Orissa is a key market in our overall growth strategy and the gateway to the eastern region. Our network in this state will help us push our brand equity to a wider audience”. The assurer will open eight more offices, he said. The eastern zone is a key sector for Tata- AIG, the company said, contributing 24% of the company’s total business last year.