Record Number of Janashakthi High-Fliers Qualify for MDRT Membership

Janashakthi Insurance PLC announced that 16 members from its Life Insurance Sales team had qualified for the Million Dollar Round Table (MDRT) membership in 2016, marking a significant milestone for the company as the largest ever contingent of MDRT qualifiers in the company’s history.

The MDRT membership is recognized internationally as the standard of excellence in the Life Insurance and Financial Services business. The selected Sales personnel from Janashakthi will further be attending the prestigious MDRT Conference taking place in Vancouver, Canada in June this year.

“The dedicated efforts of our team of world-class Insurance professionals have proved to be the principal force behind our sustained growth in the industry. Having identified this early on, we have always laid special emphasis on nurturing their talent while investing heavily in their training and development,” said Prakash Schaffter, Managing Director, Janashakthi Insurance PLC. “We are delighted to see an increase in the number of qualified members for the coveted Million Dollar Round Table (MDRT) membership. This is a reflection of their passion and commitment to our vision of lighting the lamp of Insurance in every home and work place.”

Selected based on their performance in 2015, as well as their overall adherence to the association’s strict ethical standards, the 16 MDRT qualifiers from Janashakthi include 2 star performers who achieved the set First Year Premium (FYP) targets within the first quarter of 2015, a feat in itself, and a lifetime member. Participating in the MDRT Conference will enable these high fliers to interact with, and learn from the world’s best minds in the business while showcasing Janashakthi’s best practices and innovations to the world.

“It is exciting to see 16 of our top performers qualify for MDRT membership this year. It comes at a time when the Life Insurance team’s efforts have helped us post a record year-on-year (YoY) growth of close to 18% in Gross Written Premium (GWP) for the year ended 31st December, 2015. Underscoring the relentless efforts of the team, we believe that this is also an apt recognition that highlights the effectiveness of our focused workshops and training sessions in equipping them with skills required to succeed in the market,” said Hashra Weerawardena, General Manager – Life, Sales and Operations, Janashakthi Insurance PLC.

Founded in 1927, the Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals®, is a global, independent association of more than 43,000 of the world’s leading Life Insurance and Financial Services professionals from more than 500 companies in 67 countries. MDRT members are perceived as individuals who demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service.

Janashakthi Insurance PLC, founded in 1994 by renowned Insurer C. T. A. Schaffter, made its mark in the industry as an innovator and household name within a short span of two decades. Today, the Company stands strong as a leader in Motor, Non-Motor and Life Insurance services, and with its recent acquisition of AIA General Insurance Lanka Limited, continues resolutely on its journey of becoming the No. 1 Insurer in Sri Lanka, with an unwavering commitment towards delivering excellent service to its customer base.