Siddartha Mohanty, CEO & MD,LIC
Siddartha Mohanty, CEO & MD,LIC, addressed a conference of its CEO’s & Heads of foreign units from UK, Singapore, Bahrain, Kenya, Fiji, Mauritius, Nepal, Sri Lanka & Bangladesh at GIFT city, Gandhinagar on Friday
Gift City: Life Insurance Corporation (LIC) is exploring opportunities to kick start operations at GIFT city by leveraging various advantages.
Recently, the state owned insurer got an approval from IFSCA, the regulator of GIFT city to open an insurance office.
LIC would like to use this latest channel to reach the Indian diaspora across the globe, to provide innovative insurance and investment options.
Siddartha Mohanty, CEO & MD, LIC, addressed the conference of its CEO’s & Heads of foreign units from UK, Singapore, Bahrain, Kenya, Fiji, Mauritius, Nepal, Sri Lanka & Bangladesh at GIFT city, Gandhinagar on Friday.
He said the corporation needs to have a clear focus on opportunities to take the strong brand image of LIC to diverse international market through the insurance office at GIFT city Gandhinagar.
“This office provides us an opportunity to spread the brand of LIC internationally and reach out to non-resident Indians(NRIs) & People of Indian Origin (PIOs) in a big way,” he said.