DEPUTY AREA MANAGER - IMF CHANNEL

Updated: May 22, 2024 05:12 PM GMT

Amrit Consultancy

Amritsar, Punjab

About 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