MNYL debuts in Jharkhand

Jamshedpur, Jun 28 (UNI) Max New York Life (MNYL), one of the India's leading joint venture life insurance company, has launched its operations in Jharkhand by opening its first office here today.

With the new addition MNYL now has a countrywide network of 102 offices across 74 cities.

Talking to the newspersons company's Head-Agency (North and East) Kenneth Sanno said MNYL was founded in 2000 and till date sold close to one million policies and recorded a sum assured of over Rs 27,000 crore.

Mr Sanno said the company has 22 products in the Indian market and these products can be customised to over 400 combinations.

The company had developed a strong cooperate governance model based on defined core values of care, knowledge, excellence and honesty, he said.

He said the company, ranking 68th slot in the Fortune 500 list, has over 15,000 agent advisors and its agency distribution model was founded on extensive training and continuous supervision.

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