Allianz Life Agency Awards Nite 2023 sees 488 awards presented to its top achievers

Kuala Lumpur, 9 June 2023 – Allianz Life Insurance Malaysia Berhad’s (Allianz Life) hosted its annual Agency Awards Nite on 18 May 2023 at the Genting International Convention Centre in Genting Highlands.

The event saw more than 1,000 attendees from various agencies across Malaysia and 488 awards given away to its high achievers.

The awards night was graced by Allianz Asia Pacific Regional Chief Executive Officer Anusha Thavarajah, Allianz Malaysia Chief Executive Officer Sean Wang, Allianz Life Chief Executive Officer Charles Ong, Allianz Malaysia Chief Financial Officer Giulio Slavich, as well as the senior management committee.

Allianz Life Chief Executive Officer Charles Ong said during his speech, “In 2022, our agency channel delivered RM2.43 billion in Gross Written Premiums (GWP) to the Allianz Malaysia Group, contributing RM444.9million in New Business Premiums. This was the result of 12 months of sheer hard work and determination.”

“Last year there were 330 recipients for Million Dollar Round Table. Out of the 330 MDRT, 5 achieved Top of the Table recognition while 10 agents bagged the Court of the Table awards. In addition, 52 agents qualified as Allianz Centurion Producers having submitted more than 100 new business cases.”

“In 2022, around 1,000 of our agents qualified for Star Master Award by producing more than RM100,000 AFYP. This remarkable achievement corresponds to about 25% of our total agency force, meaning that 1 out 4 agents produced RM100,000 AFYPF in 2022.”

Dato’ Sri Norman Pang of NPG Agency was once again crowned the Champion for 2022 Supreme Agency Manager, Agency Manager with Highest Annualised First Year Premium (AFYP), Highest AFYP by New Recruits, Highest Active Agent Hits, and Recruiters with Highest Direct AFYP.

The event also highlighted Allianz’ collaboration with INSEAD, a top-ranking business school, to further enhance the capabilities of the company’s agency force. The six-month program is a performance-based qualification initiative that recognizes and rewards the top-performing agents across seven markets in Asia and is designed to upskill and revolutionize the learning experience of agents licensed in the Life and Health business.

According to Charles Ong, “Investing in our people supports their career growth and ensures their success. The result is a formidable team that is ready to navigate any terrain, ensure better productivity and successfully run a business. This is why we are very excited with the launch of the INSEAD Agency Training Program.”

This content is provided by Allianz Malaysia Berhad