Kotak Life To Open More Branches In South

Kotak Mahindra Old Mutual Life Insurance Company has decided to open 40 branches across the country in the next seven weeks, taking its total network to 150 branches. Six of these new branches will come up in the southern States. The agency force of around 4200 in the South would also grow in tandem. The southern region contributed about 15 per cent of the premium income earned by the company.