ADAG insurance firms ramp up

Mumbai, April 3 Two R-ADAG wholly owned coverage - Reliance Life Insurance and Reliance General Insurance - are in the procedure of ramping up its senior degree manpower-base substantially. This development presumes importance as Surface-To-Air Missile Ghosh have just taken over as the managing manager of Reliance Capital, which oversees these two coverage .

Ghosh, who joined Reliance Capital from Allianz, in his earlier stretch in Republic Of India had headed two coverage articulation ventures - Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance .

Malay Ghosh, caput sales, Bajaj Allianz Life Insurance discontinue the company to fall in Reliance Life Insurance. Two senior people - Second Venkatesh, main fiscal officer, Kelvin Gram Krishnamoorthy, main investment banker from Futures Generalli General Insurance - who were earlier with Bajaj Allianz General Insurance have got also joined Reliance General.

A figure of senior functionaries who were working in the regional business offices of Bajaj Life have got moved to Reliance Life.

Analysts believe Ghosh entry in to Reliance Capital bespeak the new focusing of ADAG grouping on the coverage articulation ventures which would be eyeing for top places in the domestic private sector coverage industry.