New York Life Leads Million Dollar Round Table for Record-Breaking 50th Consecutive Year.Business Editors NEW YORK--(BUSINESS WIRE)--June 14, 2004 For a record-breaking 50th consecutive year, New York Life Insurance Company The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world.[3] is the dominant leader of the Million Dollar Round Table (MDRT MDRT Million Dollar Round Table ), the premier association of financial professionals. With over 2,300 MDRT members in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Life has a firm hold on the number one position. "New York Life is proud of our talented agents for achieving this impressive milestone and remaining the leader of MDRT for 50 consecutive years," says Sy Sternberg, chairman and chief executive officer, New York Life. "This distinction highlights that our agents are trusted, knowledge leaders committed to serving their clients with exemplary performance and the highest standards of ethics, service and productivity." "Our dedication to the agency system has never been stronger. The record-breaking 50th consecutive year distinction validates that education and training of New York Life agents through programs like the MDRT mentorship program and NYLIC NYLIC New York Life Insurance Company NYLIC National Youth Leader Instructor Camp (now National Advanced Youth Leader Experience; Boy Scouts of America) University are empowering our agents and giving them the tools they need to be the best in the business," says Paul Morris, senior vice president, Agency Department of New York Life. "We applaud the efforts of the MDRT and will continue to provide our agents with the essential support and resources needed to help them achieve long-term success." New York Life International, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the overseas arm of New York Life, ranked among the leading MDRT companies globally, producing a record number of MDRT members, over 600, from its operations in Hong Kong, India, Mexico, The Philippines, South Korea, Taiwan and Thailand. Founded in 1927, MDRT is an international, independent association of approximately 27,545 of the world's leading life insurance and financial services professionals from 70 nations. MDRT members are recognized as skillful skill·ful adj. 1. Possessing or exercising skill; expert. See Synonyms at proficient. 2. Characterized by, exhibiting, or requiring skill. 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. To qualify for the 2004 MDRT, based on production in 2003, applicants must have submitted proof of production equal to or greater than $66,000 of MDRT-eligible commissions or $132,000 of MDRT-eligible premiums and must have held membership in a MDRT-eligible professional association. 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. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , New York Life's family of companies offers life insurance, annuities and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. insurance. New York Life Investment Management LLC provides institutional asset management, retirement planning and trust 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 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion