Monday, July 10, 2017

Looking for the best life insurance company in the world? Here is the insurer with the most number of MDRT qualifiers for the 3rd year running

Which life insurance company is the best in the world with the best Financial Advisers, Insurance Agents or Financial Planners?

Even with online life insurance quotes or online term life insurance quotes available easily on insurance aggregator websites, plenty of evidence suggests that many people are not looking for only cheap insurance but an insurance agent who they can speak with and sought advice from face-to-face.

Largest number of MDRT members

Well, if you are looking for an insurance company filled with plenty of well-qualified financial advisors, then AIA, the largest independent publicly listed pan-Asian life insurance group, could be the one you are looking for as it has just announced the unprecedented achievement of becoming the only insurer in the world to have achieved the largest number of Million Dollar Round Table (MDRT) members for three straight years!

A record total of 8,324 AIA agents and agency leaders were registered as MDRT members as of 1 July 2017, representing an increase of 46 per cent in members from 2016 and a tremendous 460 per cent growth since the Company’s IPO in 2010.

MDRT is internationally recognised as the standard of excellence in the life insurance and financial services business. Its members are required to generate a certain level of premium, commission, and income, and demonstrate professional knowledge, strict ethical conduct and outstanding client service.

Ng Keng Hooi, Chief Executive and President of AIA Group, said, “AIA’s Number One position in the world for MDRT qualifiers reflects our deep commitment to investing in our people to ensure industry-leading standards in everything we do. We achieved an impressive 46 per cent growth in MDRT members from 2016, and we will continue to do everything possible to further advance our agency force, to enable them to help our millions of customers live longer,
healthier, better lives while assisting them to achieve financial peace of mind through the provision of life protection and long-term savings products.”

Quality training and selective recruitment of insurance agents

Following the launch of its Premier Agency strategy in 2010 which placed a high
importance on quality training and selective recruitment, AIA introduced its interactive Point of Sale (iPoS) system, an industry-leading technology, to enhance the customer experience and increase agent efficiency and productivity. The Group further advanced the technology and launched the second-generation interactive Mobile Office (iMO) platform in 2014 which has enabled AIA’s agents and agency leaders to manage all of their activities, from recruitment and lead
generation to the face-to-face sales process and training, efficiently on one single mobile device.

Joe Cheng, CEO of Group Agency Distribution of AIA Group, said, “I would like to congratulate every one of our agents who have made this historic result possible. Being Number One in the world in MDRT for the third consecutive year further strengthens our belief that we are correct in our approach and will continue to invest in our agents and agency leaders by offering the best training, advanced technology and career opportunities in the industry. We will continue to strive to do our best to serve our millions of customers and the communities in which we operate across the region.”


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