08-02-2012, 03:01 PM
Dynamic Investment Group
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MISSION
Dynamic Investment Services mission is to make every family secure financially and create wealth in a simple and systematic manner
Objectives
*To create a service-based company whose primary goal is to exceed customer's expectations and in the process give him an outstanding financial experience.
*To develop a sustainable financial management company that generates outstanding value for their customers.
*Introducing a green system to sort out all your financial problems in one place – visible online & 24X7.
Team of DIS
1) MANINDER SINGH- Managing Partner (9888418370)
B.Tech (Mechanical), MBA (Marketing), AMFI Certified
10+ Years of experience in financial industry, worked with Max New York Life, ICICI Bank, Reliance Life Insurance, Mutual Funds and Trading
2) MANISH GUPTA- Managing Partner (9815101296)
Post Graduate Economics
10+ Years of experience in general insurance including Motor, Health, Liability, Insurance
3) NARESH KUMAR - Head Marketing & Sales (9888675958)
B.Com ,AMFI Certified
10+ Years Experience in financial industry worked with Bharti Axa LifeInsurance Company
4) HARDEEP KAUR - Head Recruitment and Training Cell (9915247452)
Post Graduate (M.B.A.)
10+ Years experience in sales and recruitment worked with ICICI Prudential, Reliance Life and HDFC Standard Life
THE INSURANCE INDUSTRY IN INDIA AN OVERVIEW
With the largest number of life insurance policies in force in the world, Insurance happens to be a mega opportunity in India. It’s a business growing at the rate of 15-20 per cent annually and presently is of the order of Rs 1560.41 billion (for the financial year 2006 – 2007). Together with banking services, it adds about 7% to the country’s Gross Domestic Product (GDP). The gross premium collection is nearly 2% of GDP and funds available with LIC for investments are 8% of the GDP.
Even so nearly 65% of the Indian population is without life insurance cover while health insurance and non-life insurance continues to be below international standards. A large part of our population is also subject to weak social security and pension systems with hardly any old age income security. This in itself is an indicator that growth potential for the insurance sector in India is immense.
A well-developed and evolved insurance sector is needed for economic development as it provides long term funds for infrastructure development and strengthens the risk taking ability of individuals. It is estimated that over the next ten years India would require investments of the order of one trillion US dollars. The Insurance sector, to some extent, can enable investments in infrastructure development to sustain the economic growth of the country.
PRESENT SCENARIO - LIFE INSURANCE INDUSTRY IN INDIA
The life insurance industry in India grew by an impressive 47.38%, with premium income at Rs. 1560.41 billion during the fiscal year 2006-2007. Though the total volume of LIC's business increased in the last fiscal year (2006-2007) compared to the previous one, its market share came down from 85.75% to 81.91%.