Hii, I am new to this thread. I have studied the Insurance sector in the past few months. The big advantage that HDFC Life Insurance has here is the benefit of cross selling to its HDFC Customers. The bank has put a cap on its sales person at 65% of HDFC Life Insurance to be sold and the rest by other insurance providers. So far the adoption has been rather slow with other life insurance providers like Tata AIA and Birla Sun Life Insurance gaining pace.
However, when it comes to products- their product innovation and variety is very poor with simple schemes.
If the company is able to take advantage of HDFC Bank ecosystem the bottomline growth can be immense leading to huge value creation for all shareholders
Disc: Not invested yet, tracking patiently
| Subscribe To Our Free Newsletter |
