Axis Bank as promoter brings stability: Max Life

axis bank as promoter brings stability max life

Sumary of Axis Bank as promoter brings stability: Max Life:

  • The private lender accounts for 55-60% of the insurer sales and this was creating pressure on Max Life to ensure certainty of relationship..
  • Tripathy said that with this bancassurance partnership becoming a joint venture, there will be deeper tech integration and use of analytics-based technology..
  • Axis Bank became a co-promoter of Max Life following the private lender acquisition of a 13% stake in the life insurance company this week….

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