Reliance General Insurance 4000 Jobs 2013

Reliance General Insurance 4000 Jobs 2013 retail agents in FY14

Reliance General to hire over 4,000 retail agents in FY14

Private insurer Reliance General Insurance ( RGI) said it is planning to hire over 4,000 retails agents as part of its strategy to boost business and growth.

The company had hired 4,200 agents in the financial year 2012-13 to take its agent strength to 10,700.

Reliance General would like to add over 4,000 agents in FY 2014 to take total strength to 15,000 by end of the fiscal, said Jain.

Even as there is a slowdown in hiring in the insurance industry, Reliance General believes this is the best time to hire more to enter into the next phase of growth.

"Also, considering the under penetration in general insurance industry, more workforce is needed at this stage," he added.

Reliance General Insurance has a market share of over eight per cent, in terms of gross written premium, in the Indian private sector general insurance industry.

The gross written premium for the quarter ended June 30, 2013, stood at Rs 706 crore, an increase of 25 per cent year-on-year.

The profit for the quarter was at Rs 10 crore against a loss of Rs 20 crore for the quarter ended June 30, 2012. 

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