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I wish I pushed my client to buy insurance earlier

Something that insurance agents hate to say but know all too well - "I wish I pushed my client to buy insurance earlier".

Anne-Marie Lee shared in MDRT Resource Zone her true tale of life insurance in action.

Her client Joe was the main breadwinner for his wife and daughter. 

While Joe's with was opposed to life insurance, Joe agreed to review his insurance coverage with Anne-Marie. His life insurance policy was inadequate, and he had a term critical illness policy worth only about $50,000. As for his medical insurance, he said that his wife had taken care of it through her friend, who was an insurance agent.

Joe asked for time to persuade his wife. This went on for more than five years. Finally, in 2014, he decided to take action himself and started an

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

AIA Tops the Million Dollar Round Table (MDRT)

Which multinational insurer has the highest number of MDRT members?

AIA Group reports the world’s largest number of Million Dollar Round Table (MDRT) members.

AIA Group announced having reached a total of 3,752 agents registered as Million Dollar Round Table (MDRT) members on 6 May 2015, positioning AIA as the top ranking multinational company on the prestigious MDRT membership list.

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 exceptional professional knowledge, strict ethical conduct and exceptional client service.

“This outstanding recognition is a testament to the relentless commitment of our agency force to the highest level of professional service to families and individuals across Asia,” said Patrick Teow, CEO of Group Agency Distribution of AIA Group. “We will continue to support the development of our agents by offering a steady stream of high quality training programmes, hiring and retaining top talent, and providing the most advanced tools for enhanced efficiency and productivity. This sustained effort will not only be beneficial to our agents and our customers, but it will also contribute to further strengthen our position in the market.”

Manulife MDRT membership in Asia rises 22 percent year-on-year in 2014

Manulife membership of the prestigious Million Dollar Round Table (MDRT) grew by 22 percent year-on-year in Asia in 2014, and rose for a fourth consecutive year, reflecting the increasing client-centric focus and high standards of service by Manulife advisors across the region. 

Recognized as the global financial industry benchmark for the highest levels of professionalism, productivity and client service, MDRT represents the elite of financial services professionals from around the world. 

“MDRT has never been more important to Manulife. In 2014, for the first time, more than 1,000 Manulife advisors qualified for MDRT. We are very proud of this achievement and are determined to build on it. We will continue to serve clients through exemplary performance, and the highest standards of ethics, knowledge, service and productivity,” said Robert A. Cook, President and Chief Executive Manulife Asia.