NEW YORK, N.Y., October 8, 2010 – New York Life Insurance Company has dominated the Million Dollar Round Table (MDRT) in the United States for the fifty-sixth consecutive year with 1,995 New York Life agents. MDRT granted memberships to 10,244 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.
“New York Life is pleased to achieve the insurance industry's hallmark of excellence for the 56th year in a row. This distinction can be attributed to the drive and professionalism of our agents as well as the company’s comprehensive agent training and development,” said Mark Pfaff, executive vice president in charge of U.S. Life Insurance and Agency. “Our MDRT leadership reflects New York Life’s belief that there is no substitute for a trusted, knowledgeable leader committed to serving their clients with exemplary performance and the highest standards of ethics, service and productivity of a highly trained professional. We will continue to provide our agents with the support and resources needed to help them achieve long-term success.”
Of the 1,007 female MDRT members in the United States, 276 are New York Life agents – making the company the leader in female MDRT membership.
In 2010, New York Life International, LLC, the overseas arm of New York Life, ranked among the leading MDRT companies globally with 534 MDRT members from its operations in, Mexico, India, China, Hong Kong, South Korea, 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. Please visit New York Life's Web site at www.newyorklife.com for more information.
*New York Life is the largest mutual life insurance company based on the Fortune 500, ranked within industries, Insurance: Life, Health (Mutual), Fortune magazine, May 3, 2010.
**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.
Rating: 4.3/5 (3 votes cast)
|New York Life Leads Million Dollar Round Table For The 56th Consecutive Year|