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AIA named world’s no. 1 MDRT company for record eighth consecutive year
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IA Group Limited (AIA), the largest independent publicly listed pan-Asian life insurance group with more than 100 years of experience, has been named the company with the highest number of Million Dollar Round Table (MDRT) members for the eighth year in a row.
Since its initial public offering (IPO) in 2010, AIA’s MDRT members have increased by 768 percent.
Founded in 1927, the MDRT is globally recognized as the premier association of financial professionals, widely considered to be an international standard of excellence in the life insurance and financial services industry. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service.
AIA Group Chief Executive and President Lee Yuan Siong said in a statement that the group was delighted to achieve the number one global MDRT ranking for a record eighth year in a row.
“Our trusted and professional Life Planners are central to AIA’s unrivaled distribution platform, which enables AIA to deliver on our purpose to help millions of people live ‘Healthier, Longer, Better Lives,’” he said.
Jacky Chan, AIA Regional Chief Executive and Group Chief Distribution Officer, said the group was proud to be named the number one MDRT multinational company.
“This incredible accomplishment is a testament to the dedication of our Life Planners against the backdrop of a complex operating environment. We will continue investing in our high-quality agency force as we accelerate our Premier Agency model across Asia.”
In Indonesia, PT AIA Financial (AIA Indonesia) is also included in the “2022 MDRT Top 100 (Global) Companies” list. AIA Indonesia’s MDRT members increased by 42 percent in 2022 compared to last year.
PT AIA Financial President Director Sainthan Satyamoorthy, said AIA Indonesia put quality as its top priority.
“That's why we never stop enhancing strategies to empower AIA Indonesia Life Planners as qualified professionals who can provide an enjoyable insurance experience with AIA.”
According to Satyamoorthy, AIA Indonesia has implemented the Premier Agency strategy, which highlights the importance of quality training and recruitment of professional Life Planners.
“Moreover, this year we have initiated an internal MDRT ambassador program as a form of appreciation as well as an initiative to improve talent development for our best Life Planners.”
The internal MDRT ambassador program was initiated by AIA Indonesia for the first time for Life Planners, designed as an initiative to build an understanding of the MDRT concept, facilitate mentoring and training programs among MDRT members, as well as increase the productivity and efficiency of the Life Planners’ performance.
Selected MDRT members are expected to contribute to the team, business and personal development of their members.
Thanks to a qualified and solid team of Life Planners, AIA Indonesia managed to record a healthy financial performance.
Throughout 2021, AIA Indonesia managed to record Rp 55 trillion in asset management and was entrusted to manage customer investment funds (total investment assets) of Rp 50 trillion. AIA has also paid total claims of Rp 11.49 trillion to its customers as a form of commitment as a trusted insurance company in Indonesia.
