Bharti Axa to open 20 branches in North India by Dec

CHANDIGARH: Bharti AXA Life Insurance Company Limited, a joint venture of Bharti Enterprises and AXA Group, has said it would open 20 more branches in North India by December 2007.

"By December 2007, we expect to launch around 20 branches in North, out of which around 10 will be in Punjab. We expect to cover the state with full fledged branches in Jalandhar, Amritsar, Bhatinda, Abohar, Moga and Hoshiarpur during this financial year," Bharti AXA Life Insurance CEO Nitin Chopra said in a statement here.

The company also announced plans to open its branches in Chandigarh, Patiala and Nawanshahar.

The company sees good business potential in Chandigarh which is an industrial hub with a large insurable population, Chopra said.

The Company has also enhanced its presence in Chandigarh to five Airtel Relationship Centres (ARCs), where Bharti Airtel customers have access to a range of life insurance services and quality advice on financial protection.

"Our initiative at the ARCs includes dedicated financial advisors, supported with relevant branding and product literature. We aim to establish our presence in ARCs at Amritsar and Jalandhar, in addition to ARCs at Ludhiana and Chandigarh, where we are already present," he said.