Thursday, October 11, 2007

RELIANCE LIFE INSRANCE

Reliance life insurance was started in 2003 by acquiring AMP SANMAR LIFE INSURANCE COM. Reliance life insurance Company limited is a part of reliance capital ltd. of the Reliance - ANIL DHIRUBHAI AMBANI group. Reliance capital is one of India’s leading private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth. Reliance capital has interests in asset management and mutual funds, stock broking, life and general insurance, proprietary investments, private equity and other activities in financial services.
Reliance capital limited (RCL) is a non-banking financial company (NBFC) registered with the reserve bank of India under section 45-IA
Of the Reserve Bank of India act, 1934. Reliance capital sees immense potential in the rapidly growing financial services sector in India and aims to become a dominant player in this industry and offer fully integrated financial services.
About NIS Sparta
NIS Sparta is Asia's largest Performance Enhancement Solutions Organization which facilitates achievement of ‘mission critical goals’ by impacting people and processes. A part of the Reliance Group, NIS Sparta has provided training and consulting solutions in over 550 organizations to over 10,00,000 professionals across 10 countries and in 18 languages.
NIS Sparta is a Reliance-Anil Dhirubhai Ambani Group Company and Asia’s largest training and learning solutions provider to organizations and individuals. We partner organizations in achieving their mission critical goals through enhanced effectiveness of their people and processes, using proven methodologies.NIS Sparta offers customized solutions for Top management, Middle management and Supervisory level; our training modules are based on Knowledge development, Behavior development, Skill development and Process design and development.
At NIS Sparta, we strongly believe that our people are our strength. Hence, we are committed to investing in our people. While technology, infrastructure and products can be duplicated, it is people who are the key differentiators in the growth of any organization. We have over 500 consultants from diverse educational backgrounds - Engineers, Post Graduates, Management Graduates, Sociologists, Psychologists, Economists, Teachers and Fellows of Insurance Institute of India.
NIS Sparta in the Insurance Sector
NIS Sparta has developed and executed various training modules for the private Life and Non-Life insurance companies.In addition to the programmes, NIS Sparta through its network of over 26 canters delivers Insurance Regulatory Development Authority, prescribed 100 hours training (classroom and online), which helps prospective insurance advisors attain a good understanding of the subject of insurance, thereby enabling them to service the needs of the customers effectively and clear the licensing examination.Over the last 6 years, NIS Sparta has trained over150,000 Insurance Advisors and Company employees.
Scope of Interventions in the Insurance Training sector
Activation of Advisors
Increasing Average Case Size
Self-Paced Online Learning
Persistency rate
Product Positioning and Need Based Product Pitch
Quality Recruitment
Handling and dealing with Rejection
Sales Funnel Management
Creating and Managing an Agency
Employee and Associate Induction
Transitioning from Team Member to Team Leader
Licensing Training
Learning Solutions focus:
Some of the modules developed and delivered by NIS Sparta are:
Advisor Sales Training (Basic and Advanced)
Product Training
Business process and Underwriting training
Advanced Selling skills
Financial Planning
Front Line Manager Induction training
Coaching skills
Experiential Training Programmes
Middle and Senior Management Programmes
Domain training
Team Building
KEY EMPLOYEES OF RELANCE LIFE INSURANCE:-

CEO: MR. P. NANDAGOPAL

· CFO: MR. RAJESH BAHL

CMO: MR. ROHIT MULL

COO: MR. K.V. SRINIVASAN

VICE PRESIDENT: MR. K. SURESH BABU

APPOINTED ACTUARY: MS.POURNIMA GUPTE

CHIEF INVESTMENT OFFICER: MR. R RANGARAJAN

HEAD –HR: MS. MANEESHA THAKUR.

CTO : MR. C. MOHAN

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