MDRT Family of Brands Expands Definition of Success in the Profession with New Awards and Rankings
- Written by Reporters
MDRT Expanded Company Rankings
Using a more holistic approach to measuring achievement, MDRT will restructure and add new categories to its Company Rankings beginning in 2022. These new categories will recognize companies that achieve excellence in the areas of MDRT membership growth, retention and longevity, demonstrating a commitment to investing in their advisors' personal and professional development. The eight new rankings include:- Top 25 Companies – Total Membership Growth
- Top 25 Companies – Percentage of Membership Growth
- Top 25 Companies – Total Members who Rejoined
- Top 25 Companies – Percentage of Members who Rejoined
- Top 25 Companies – Total Number of 5-9 Year Members
- Top 25 Companies – Percentage of 5-9 Year Members
- Top 25 Companies – Total Number of Qualifying and Life Members
- Top 25 Companies – Percentage of Qualifying and Life Members
- Production: 25% increase in production year-over-year
- Retention: 75% annual retention
- Recruitment: 20% annual agency recruitment rate
- Persistency: 13-month persistency rate of 90%
- Whole Person: Agency community involvement, MDRT Global Services Learning Engagement score (measured by attendance at webcasts, Annual Meeting/Global Conference, and completion of assigned modules in Harvard ManageMentor)
- Membership in MDRT Family of Brands: 100% of agents must be members of MDRT or the MDRT Academy.
About MDRT
MDRT, The Premier Association of Financial Professionals®, is a global, independent association of the world's leading life insurance and financial services professionals from more than 500 companies in 70 markets. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and financial services business. For more information, please visit https://www.mdrt.org/ and follow them on Twitter @MDRtweet. #MDRT
About MDRT Global Services
As the newest offering under the global MDRT Family of Brands, MDRT Global Services was created exclusively for the financial services field and home office leaders. As a separate, individual membership association with innovative program offerings, MDRT Global Services provides its members with exceptional value and leadership growth opportunities. MDRT Global Services membership allows increased engagement within the MDRT community while allowing leaders to develop a culture of excellence within their respective organizations. To learn more visit mdrtgs.org.
About MDRT Academy
The MDRT Academy is an association for financial professionals striving to reach MDRT-level production. Those who join receive exclusive access to MDRT-member insights, gold-standard content and performance-driving features tailored to their specific needs – and it's all available through an intuitive website and mobile app. The MDRT Academy also offers goal setting and performance-tracking tools, monthly webcasts featuring MDRT members, Performance Guides, as well as hundreds of MDRT-approved articles, videos and podcast episodes. Learn more at mdrtacademy.org.
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Source https://www.media-outreach.com/news/singapore/2022/03/02/122180/