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September 13: MetLife announced signing a 3-year sponsorship agreement with Million Dollar Round Table (MDRT) on September 12. As per the agreement, MDRT will participate and support the ongoing education, exchange of marketing and sales practice and skills development for MetLife Asia’s financial services professionals and MDRT members in the Asia Pacific region.
MetLife Asia said it markets its products and services in its 11 markets in Asia through a multichannel distribution strategy including career agency, bancassurance, brokerage, other third-party distribution and direct marketing.
With over 20 million customers in the Asia region, it is the fourth-largest pan-Asian life insurer (based on gross written premium or “GWP”) and ranks among the top five foreign life insurer in many of the Asian markets in which it operates, the company said in a statement.
Commenting on the announcement, Bharat Kannan, SVP, chief distribution officer of MetLife Asia said, “We have over 45,000 career agents in Asia and they, together with our other sales professionals play an important role in supporting our customers in their choices. Partnering with MDRT is an excellent way to provide our sales professionals with the tools and ongoing learning and development opportunities, and underscores our commitment in upholding the highest standards on behaviour, ethics and customer service in our industry.”
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<p>With over 20 million customers in the Asia region, it is the fourth-largest pan-Asian life insurer (based on gross written premium or “GWP”) and ranks among the top five foreign life insurer in many of the Asian markets in which it operates, the company said in a statement.</p>
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