The MNYL or the Max New York Life Insurance Company is one company in India in the insurance sector that promises a lot. Indian company Max and the US Company New York Life, together have formed this group in India years ago and is doing good business. New York Life boasts of being the oldest company in the life insurance sector. To add a feather to their cap, they advertise to have covered at least two American presidents.
The company has a very strong financial base, arguably even more than the rest of the companies. Since the collaboration of Max and New York Life, the yearly turnover has grown in terms of some multiple thousand crores and it keep on increasing consistently.
The vision of the company is to be the most admired company in the life insurance sector. Catering to the needs of all – from the children policies to the traditional policies and ULIP based policies, you name it and MNYL has got it all.
Of the some 14 companies doing business in India in the life insurance sector, MNYL stands out due to its performance. There is no exaggeration and it is their business tactics that’s doing business for them.