Max Life ‘Aarohan’ initiative
Expands into 75 new Tier 3 & Tier 4 Cities
Max Life Insurance Co. Ltd. announces the launch of the ‘Aarohan’ initiative to expand its distribution footprint by adding 75 new offices in Tier 3 and Tier 4 Indian cities. The initiative aims to enhance protection penetration in these underserved markets through consumer-focused insurance awareness programs, and life advisor recruitments.
With a current outreach to approximately 44 lakh customers through 300+ branch offices, and more than 10,000 bank partner branches across the country, Max Life is dedicated to protecting the financial future of its customers. Expanding its distribution footprint by recruiting and training local life advisors, Max Life under the ‘Aarohan’ initiative seeks to build a robust distribution network reaching new and underserved demographics across India. This targeted approach aims to connect with communities that have traditionally limited access to comprehensive life insurance services, enhancing financial security and inclusion in these regions.
Sumit Madan, Chief Distribution Officer, Max Life, said, “Max Life's Aarohan initiative aligns with IRDAI's vision of 'Insurance for All by 2047,' empowering grassroots communities. It aims to make insurance accessible to India's farthest reaches, ensuring financial security for emerging markets. By expanding into less-explored territories, Aarohan grows our distribution network and delivers trust, excellence, and innovation. This initiative underscores Max Life’s foresight and recognizes the untapped potential in rural and semi-urban regions, highlighting our commitment to inclusive growth."
- Regional Health Camps: With a strategic focus on 'health and wellness,' Max Life is conducting extensive customer health camps across 75 new offices in two phases. These camps aim to serve over 2,000 consumers, fostering vital discussions around health, wealth, and lifestyle management. By seamlessly integrating health awareness with insurance, Max Life is committed in creating a comprehensive approach to financial and physical well-being, ensuring the customers lead healthier and more prosperous lives.
- Localized Awareness Campaigns: Establishing a localized distribution network is a critical component of the Aarohan initiative. By hiring life advisors who are part of the local communities, Max Life aims to ensure that its products are accessible and relevant to local needs.
- Targeted Recruitment Drives: To be held across 75 priority cities, the initiative will implement targeted recruitment drives to attract over 6,000 potential life advisors.
Additionally, as part of Max Life's ‘DigiSaarthi’ project, the aim is to make the 75 new branches under Aarohan 100% digital. Initially launching with 16 digital branches equipped with Kiosk machines for customer video assistance, the plan is to expand this to 100 Agency Partner Channel (APC) and Greenfield offices. The Customer Experience Team (CET) will transition from a physical to a virtual presence, providing services such as query resolution, document upload, cheque deposit services, self-service areas, and enhanced digital customer support. This initiative shall benefit customers with easy on-call support, advisors with quick virtual assistance, and offices with enhanced sales and service efficiency, ensuring a seamless and modern branch experience.