Thursday, December 6, 2012

I need to know the top 10 life insurance companies by revenue please?

Q. What are the Top Ten Life Insurance Companies for 2010- 2011 By Revenue?

A. Easy one:
http://www.iii.org/individuals/life/facts/largest/

MetLife is well in the lead here; with Prudential, New York Life and TIAA CREF in the next tier.

Obviously, the 2011 numbers aren't in yet.


Is there a list of the top Life Insurance companies?
Q. Doing research into which life insurance companies are good to work with. Is there a list of the top or best ones?

A. Nope. Top means something different to lots of people. Biggest sellers? Most policyholders? Fewest complaints with the state? Fastest claims service? Fewest claims denied? Highest pay for salespeope? Most friendly to working moms?

See what I mean?


What are good ideas for networking and generating leads.?
Q. I am working as a financial representative for a top rated insurance company. We offer a range of products, but I mainly deal with life insurance, disability income, and long term care. My client base is solely built off of referrals and I am having problems getting enough names. I am looking for some good ways to meet more business people around Denver, and grow my business.

A. Join the local Rotary International, Lions International, Giants International and The Round Table if you can. All these places attract the top echelon of a city. Ask your wife to join Inner Wheel, etc. In fact join as many clubs, associations or joints where people meet for any reason. You may also join clubs like the laughing club, the flowers loving club, the birds loving clubs, Save the tiger club, Parents and teachers association at the local schools, the morning walkers / joggers club. In fact as I said earlier, wherever people meet for any reason. If u do the above just see after a given period u will keep on getting prospects on the phone seeking your help. Join the local church/ temple too. Join the trade associations too. Best of luck. For furhther guidance email me.

Make an itinerary for a week on how many new prospects yu shall see in a given week, how many followups and how many closings. Die hard to achieve what you may have planned. Make as many cold calls as possible. The referrals are the bloodline for the insurance business. Allways ask for references. Create COI (Center of Influences), persons who will continuously give u list of their friends. Answer to thier needs, do not stick with one company, if a client wants a particular product from a x company get it for him.


What are the top 3 AUTOMOBILE insurance companies in CANADA?
Q. I'm doing a project, and cannot really find a clear answer.

My project is on whether or not the insurance company should expand their auto insurance to Canada.

So, for that purpose, I am looking for their competition besides the government run insurance companies in certain provinces.

Remember, I am looking out for AUTOMOBILE insurance in CANADA only.

Thanks!

A. One problem is, how do you define "top"? Most premium volume? Most number of policies? Most claims paid? Fewest complaints?

You're going to need to redefine "top", and then search out that criteria. You DID post to the USA board, so if you can lay your hands on a copy of Bests Review - a USA insurance publication - a few months ago it did include non-USA insurers. I don't think it broke out auto vs. home, though.





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