Career in Insurance

  With the right qualification, knowledge and skill sets, there is a wide range of opportunities for career growth and advancement in the insurance sector. There is unlimited potential in the industry that is waiting to be tapped, and even those with limited experience can achieve success relatively quickly. Take a look at the wide insurance sector in India. In India there are 57 insurance companies. Out of these, 24 are life insurance companies while 33 are other insurance companies. Life Insurance Corporation (LIC) is the only government company in life insurance. In the non-life insurance segment, there are 6 public sector companies. There are over 20 private insurance companies, about 20 private general insurance companies. In the health insurance sector, there are 7 health insurance companies. However, 24 General Insurance Companies also sell health insurance plans. The gross premium amount collected by life insurance companies in India jumped from Rs. 2.56 trillion in ...