Max Life Insurance Company, a joint venture (JV) between Max Financial Services and Axis Bank, is aiming to expand its reach by setting up nearly 100 new offices this year (FY24). The company also plans to add over 50,000 life advisors in FY24, representing a significant 70% increase in life advisor hires year-on-year.
Enhancing the accessibility of life insurance solutions to a larger customer base, Max Life recruited more than 30,000 life advisors in FY23. Of these, about 39% were women, reflecting Max Life's commitment to building a gender-inclusive workforce.
Max Financial Services is a part of the Max group, an Indian multi business corporation.