Mahalaxmi Life Insurance conducts first-ever strategic and business planning; young insurance player aims towards wide insurance coverage with 100 plus branches within current FY

Mahalaxmi Life Insurance Company has conducted its first annual review and strategic business meet on Shrawan 12 and 13, 2076 at Pokhara. The Strategic Business Summit 2019 was inaugurated amid a program by CEO Mr. Ramesh Kumar Bhattarai and was also attended by Deputy CEO, department heads and heads of all 47 branches and sub-branches of the insurance company.

The review meet reviewed the plans and strategies for the FY 2076-77 while the BMs also received orientation on underwriting, accountancy and agency.

The event also saw prize distribution and felicitation of best performing employees, as per the media statement.

The youngest of the life insurance companies have so far expanded its programs to 50 districts through its 47 branches and 5 insurance policies and collected premium of more than Rs 25 crore. The company is mulling to open 50 more branches within the current fiscal year and expand to more geographical location, as further mentioned in the media statement.