Life Insurance Corporation of India (LIC) has entered into an agreement with NetAmbit, financial services distribution company, for distribution of its products such as insurance plans, pension plans, unit plans, special plans and group schemes.
NetAmbit targets Rs 500 crore business over next 3 years for LIC. It plans to hire 700 people across various cities to retail LIC products.
Published 18 August 2010, 15:17 IST