NEW YORK, N.Y., September 3, 2009 - New York Life Insurance Company has dominated the Million Dollar Round Table (MDRT) in the United States for the fifty-fifth consecutive year with 2,013 New York Life agents. MDRT granted memberships to 11,253 agents in the United States making membership in this organization a distinguishing life insurance career milestone, attained by less than 1 percent of the world's financial services professionals who have demonstrated superior professional knowledge, experience and client service.
"Achieving this milestone for the 55th year in a row is a reflection of New York Life's training, support and commitment to career agency distribution. It also signifies New York Life's leadership in the life insurance industry, a message that is even more important today when consumers are seeking quality advisors backed by the financial strength of a Fortune 100 company," said Mark Pfaff, executive vice president in charge of U.S. Life Insurance and Agency, New York Life Insurance Company. "New York Life is proud to achieve the insurance industry's hallmark of excellence and applauds our MDRT agents for their dedication to enhancing their skills and knowledge of insurance and their strict adherence to MDRT's code of ethics."
New York Life has more female MDRT members than any other company in the United States, representing 26 percent of all MDRT's United States female members.
In 2009, New York Life International, LLC, the overseas arm of New York Life, ranked among the leading MDRT companies globally with 661 MDRT members from its operations in Argentina, Hong Kong, India, Mexico, South Korea, China, Taiwan and Thailand.
Founded in 1927, MDRT is an international, independent association more than 31, 000 of the world's leading life insurance and financial services professionals from 83 nations and territories, representing over 450 companies. MDRT members are recognized as skillful professionals who are considered to be among the best in the industry, perform outstanding client service, and have achieved the highest standard of sales excellence in the life insurance and financial services business.
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments* provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
Visit New York Life's Web site at www.newyorklife.com for more information or www.nylcareersforwomen.com.
*"New York Life Investments" is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
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|New York Life Leads Million Dollar Round Table For the 55th Consecutive Year|