KUALA LUMPUR: Malaysian life insurance and financial advisors is currently ranked at eighth spot out of 81 member countries worldwide with the largest number of Million Dollar Roundtable (MDRT) members.
Manmohan Abdullah, Zone chairman, Southeast Asia, MDRT Membership Communications Committee (MDRT MCC), said Malaysia had 935 MDRT members, of which 52 were Court of the Table (COT) members while nine were Top of the Table (TOT) members.
He said Malaysia stood at number eight in the list which was headed by the US, followed by South Korea, Japan, India, Hong Kong, China and Canada.
“We are very fortunate to have such large financial professionals in the country and region,” Manmohan said in a statement yesterday.
He added that MDRT had created various channels of improvement for the life agency force and financial advisors nationwide such as mentoring programme, development supporting programme for agents who would like to obtain MDRT recognition, MDRT Network Channel for MDRT members all over the world to communicate and share information and knowledge to catapult their level of production.
Therefore, Manmohan said insurance companies in Malaysia were advised to work together with MDRT MCC Malaysia to increase the MDRT pools within their organisations to better enhance professionalism for each of the company agency force.
MDRT is an international, independent association that represents the world’s best sales professionals in life insurance-based financial services industry.
The membership is very much about promoting, demanding excellence from members in the area of client service and productivity and all this must be delivered within a framework of the highest ethical standards. — Bernama