Shriram Life Insurance plans to expand into tier 2 and 3 towns across 15 states, focusing on underserved customer segments needing life insurance, said MD and CEO Casparus J H Kromhout. The company aims to deepen its presence in key states like Andhra Pradesh, Telangana, Tamil Nadu, Uttar Pradesh, Odisha, and Bihar.
The insurance major would emphasize customer segments where the need for life insurance is the highest, yet have been financially underserved, company Managing Director and CEO Casparus J H Kromhout said.
CCI nod for merger of Shriram GI Holdings with Shriram General Insurance thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The Shriram Group is one of the largest and well-respected financial services conglomerates. Its main line of activities in financial services includes truck financing, consumer durable financing, stock broking, insurance broking, and life insurance, etc.
Get latest articles and stories on Latest News at LatestLY. Fair trade regulator CCI on Tuesday cleared the proposed combination involving the merger of various entities of the Shriram Group. Latest News | CCI Clears Amalgamation Involving Shriram Group Entities.