Tag: Life Insurance

The LIAM’s perspective on Sell insurance online

The Life Insurance Association of Malaysia (LIAM) is urging insurance companies to sell their products via online platforms to drive the penetration rate to 75% in 2020 from the current 56%….LIAM president Toi See Jong expressed hope that the companies could establish their own platform by Jan 1, 2017.

Malaysia ranks 9th in the world with 882 Million Dollar Roundtable members | Life Insurance

MDRT Malaysia has over the years created various channels of improvement for the life agency force and financial advisors nationwide such as mentoring programme, development supporting programme for agents to soar for the MDRT recognition, MDRT Network Channel for MDRT members nationwide to communicate as well as share information and….

Career in Life Insurance Underwriting?

Life Insurance Underwriting Life insurance underwriting is a crucial process for determining the risk profile and estimating the premium amount of a policyholder. The underwriting guidelines for insurance companies may differ from one another. When you purchase any type of…

Outlook for the Insurance and Takaful industry | 2011


THE year 2010 marked the final leg of the Financial Sector Masterplan (FSMP) conceived 10 years ago and liberalisation measures are expected to kick in the insurance industry as well as its Islamic equivalent, the takaful sector in 2011. After…

Life Insurance Agent Opportunities

Job opportunities are high for the life insurance agents with a background in computer skills and finance. Life insurance agents, these days, use “Smart System” (computer applications) to manage risks accurately. “Smart System” helps life insurance agents in avoiding undue losses and making sound decisions. Internet also influences the work of insurance agents. An internet helps life insurance agents to access information and quotes faster and reduce the time of paperwork. Job opportunity is better for college graduates with business administration course. A bachelors degree in any field and knowledge of accounts and computer provides a good opportunity for a job of life insurance agents. New life insurance agents usually start as trainees and assistant agents. They are given a job to provide information about clients status. As they gain experience, they are promoted to do policy work that is more complex. Being an agent can be a satisfying job for those who like paying attention to details and analyzing. For better opportunity a life insurance agent should have good communication skills.