IACE award conferred on Max New York Life

New Delhi, July 3 (UNI) India's leading insurance company Max New York Life, has been awarded the 'Indo-American Corporate Excellence Award' for the 'Best Indo-US Company in the financial services category'.

''I dedicate this award to our one million policy holders in India. I am positive that we will keep our date with the target of 1000 crore premium in 2006,'' Max New York Life Managing Director and CEO Gary Bennett said while receiving the award today in Mumbai.

Max New York Life is number three in new individual policy sales.

It has sold over one million policies and recorded a sum assured of over Rs 28,000 crore.

The I-ACE awards are instituted to recognise the best US Company in India. Companies operating in India for a minimum of two years and are either a subsidiary of a US company, or are managed and controlled by a US company are eligibile for the award.

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