DEPUTY AREA MANAGER - IMF CHANNEL
Updated: May 22, 2024 05:12 PM GMT
Amrit Consultancy
Amritsar, PunjabAbout IMF Channel
IRDA Regulation on IMF was released on Jan 2015, where companies which are LLP / Pvt limited / cooperative societies
were allowed to distribute financial products. IMFs are allowed to deals in Insurance of 6 companies (2LI , 2GI , 2 HI),
mutual funds, banking products, post etc. this opportunity to attract established financial distributors
from the market to engage and distribute life products – “PEARL ACQUISITION”. A dedicated team of 50 CDMs were
recruited in two phases and trained to hire & farm these relationships. Currently we have 95 licensed IMFs on board and
expected to touch 150 which are work in progress. The pool of IMF s primarily comprises of top Agents in Insurance,
Wealth Managers, Loan DSA, CA, Ex - employees from financial services with an existing customer base customer base.
Present IMF carries avg. 2500 customers and big turnover book. As a later part of Pearl acquisition strategy, Insurance
Managers is a career option provided to... More Detail
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