Report on The MDRT Experience 21-23 February 2013, Hyderabad, India

The MDRT, the premier association of leading financial professionals organized their annual conference in Hyderabad from 21-23 February 2013.

The Insurance Times Group was a media partner at the event. Our representatives Mr Dibakar Nandan, Kolkata and our Resident Editor at Dammam-Saudi Arabia, Mr. Shaik Gulam Afzal Biya Bani participated in the 3 day event to cover the proceedings of the largest gathering of top sales professionals of the world.

It was indeed an experience to remember. The delegates were spread over from India and various International destinations and they thoroughly enjoyed the event.

MDRT was founded in 1927 in Memphis, Tennessee, USA, by 32 extraordinary life insurance producers, each of whom had sold at least USD 1 million of life insurance. They dreamt of a forum dedicated to fostering a high-standard, professional approach to life insurance sales and service. Founded on the belief that growth is a result of exchanging ideas, the concept was: “To receive, individuals must give.”

Out of this dream emerged MDRT – an international, independent association that represents the world’s best sales professionals in the life insurance-based, financial services industry.

MDRT, a positive influence in the life insurance industry, has developed a rich tradition of sharing knowledge for the benefit of clients, prospects, producers and companies.’

2012 Membership Figures (as of 1 August 2012)

Total members worldwide  37,850

Number of countries with members  76

Number of members in India   3,265

Number of Indian members attending the 2012 Annual Meeting 330

Number of insurance companies in India with MDRT members  17

The objective of such meeting is to share with the member’s best ideas, solutions, and inspiration from speakers around the world and help the members to develop personally and professionally.

The MDRT Annual Meeting has been described as a one-of-a-kind event, unrivaled in the world of business. Every year, approximately 4,000 of the world’s top producers gather in a spirit of camaraderie for one of the greatest gatherings of financial services professionals in the world.

Annual Meeting attendees are exposed to some of the finest and most innovative sales ideas in the life insurance-based, financial services business. The meeting offers about 100 speakers during its motivational Main Platform presentations, educational Focus Sessions and insightful breakfast and evening sessions. And, perhaps most importantly, members can network with other top financial services professionals from around the world, building friendships that last a lifetime.

The main speakers in the conference included Joseph W Jordan, Vijay Menon, Robyn Benincasa, Max Maya, Bhupinder S Anand, Amgajan Madathumkandy, Malathi K Holla, Derek Mills, Marc A.Silverman, Deepak Rao, Godfrey Philips, Simon J Gibson and Tony Gordon.

Overall the Conference was a great success.