MILLION DOLLAR ROUND TABLE (MDRT) QUALIFIERS: PRUDENTIAL AFRICA LEADS INDUSTRY WITH HIGHEST NUMBER

MILLION DOLLAR ROUND TABLE (MDRT) QUALIFIERS: PRUDENTIAL AFRICA LEADS INDUSTRY WITH HIGHEST NUMBER

Prudential Africa has announced that 222 of its sales representatives from seven of its African markets have qualified for the Million Dollar Round Table (MDRT) in the first half of 2022. This is a 469 percent increase from 39 qualifiers during the same period last year. Prudential is the company with the most MDRT members in Africa, with Nigeria having the most qualifiers.

 

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The Million Dollar Round Table (MDRT) is the world’s most prestigious financial professionals’ organization. In terms of professional knowledge, ethical behavior, and client service, MDRT members are at the forefront of the global financial services profession. Members are recognized for setting the international standard for financial services excellence, meeting unique client needs in the evolving landscape of modern personal finance, and adhering to a strict code of ethics.

According to the Group’s 2022 half-year financial results, these results reflect Prudential’s strong performance in Africa, with Annual Premium Equivalent (APE) sales increasing by 17% year on year. In six of its eight markets, APE sales increased by double digits.

“Prudential Africa continues to invest in its distribution channels to support its customers’ health and protection needs,” said Nick Holder, Prudential Africa’s Chief Operating Officer. We continue to equip our agency force and financial service consultants with digital capabilities in order to connect and engage with customers and provide personalized advice. Our multi-channel and integrated distribution strategy enables us to adapt to changing customer needs and local market conditions, allowing us to capitalize on growth opportunities.”

Prudential Zenith Life Insurance Ltd (PZL) is a subsidiary of Prudential Plc. that was formed in 2017 after Prudential Plc acquired a 51% stake in Zenith Life Insurance.

PZL is one of the most well-capitalized insurance companies in Nigeria, offering a diverse range of individual products such as savings and investment-linked products, endowment, and protection products tailored to the needs of individuals and their families.

 

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Corporate clients can choose from Group Life, Key-Man Assurance, Credit Life, School Fees Protection, and Mortgage Protection to protect their employees and families.

Prudential Plc is an African and Asian provider of life and health insurance, as well as asset management, assisting people in making the most of their lives by making healthcare affordable and accessible, as well as promoting financial inclusion. Prudential protects people’s assets, helps them grow their assets, and allows them to save for their dreams. It has over 19 million life customers and is traded on the stock exchanges of London (PRU), Hong Kong (2378), Singapore (K6S), and New York (PUK).

Prudential Plc has offices in eight African countries, including Nigeria, Cameroon, Côte d’Ivoire, Ghana, Kenya, Togo, Uganda, and Zambia.

Prudential Africa, which has over 1 million customers, works with over 11,000 agents and six exclusive bank partnerships to provide value-added insurance solutions to its customers, as well as access to over 600 branches.

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