Manappuram General subsidiary receives IRDA license for insurance broking

Manappuram General Finance & Leasing Ltd has announced that Manappuram Insurance Brokers Pvt Ltd, the 100% subsidiary company of the Company has received license from the Insurance Regulatory and Development Authority (IRDA) for insurance broking business.

The subsidiary company was acting as the corporate agent of reputed insurance companies for life and general insurance business. Hereafter the company will carry on the insurance broking operations (both life and general) in its own name.

Source : Equity Bulls

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