Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurance companies, has been ranked among the Top 5 Insurers in the world for the highest number of MDRT qualified Advisors. The Company recorded 1,978 Advisors qualifying for the MDRT (Million Dollar Round Table) league as on July 1, 2023. MDRT qualified Advisors are considered the best in the industry, given their level of knowledge and expertise in the field of life insurance. They are thus best equipped to offer the right advice to consumers and enable them to meet their life stage needs.
In another milestone, Tata AIA ranked No.9 globally and No.1 in India for the most number (936) of qualified Women MDRT Advisors. The company broke into the Top 10 in the world on this front for the first time. As of FY23, Tata AIA sold 17,290 new individual policies in West Bengal, totalling over INR 176 Cr. in New Business premiums. The Company recruited over 4131 New Licensed Advisors (NLAs) in the state in FY 23 and has 7,607 insurance advisors as of 30 June 2023. MDRT is a global independent association of the world’s leading life insurance and financial services professionals from more than 500 companies across 70 nations and territories. They consistently demonstrate professional knowledge, strict ethical conduct and outstanding customer service.
While MDRT Qualifiers represent the world’s top Financial Professionals, MDRT membership also includes two additional tiers – Court of the Table (COT) and Top of the Table (TOT). A CoT advisor must achieve three times more business than an MDRT, while a ToT advisor must achieve two times the business of a CoT advisor. Tata AIA recorded 103 CoTs and 30 ToTs for the year.
