Kuala Lumpur, 13 December 2021 – Allianz Life Insurance Malaysia Berhad (Allianz Life) celebrated and recognised its best-performing agents at the Agency Awards Nite 2021 yesterday.
The virtual event – which was streamed on the Company’s Allianz Life Changer Facebook page – saw 1,325 awards under 25 categories given out in recognition of Allianz Life’s agency force’s achievements for the financial year of 2020, with a RM396.61 million in Annualised New Premiums (ANP).
The Agency Awards Nite 2021 was graced by Allianz Life Chief Executive Officer Joseph Gross, Chief Sales Officer Raymond Cheah and Senior Advisor Ong Pin Hean.
“This year continues to be challenging but we have adapted to it and overcome every obstacle that comes our way. The resiliency and sterling work of our agents as well as teamwork and support from the company distinguish Allianz Life from our peers, and I am always wonderstruck by their determination to go the extra miles for our customers and community.
“If we continue to hold on to our core principles, I believe we can achieve bigger success moving forward. In fact, Allianz Life’s market share in the third quarter of 2021 has already increased to 9.2 percent compared to 7.9 percent in the same corresponding period last year.
“Although this challenging time seems far from over, tonight we will wind down and celebrate our agency’s remarkable performance in 2020,” said Gross.
Dato’ Sri Norman Pang (NPG Agency) took home the Champion of Supreme Agency Managers and other key performance awards namely Agency Managers with Highest Annualised First-Year Premium (AFYP), Agency Managers with Highest AFYP by New Recruits, Agency Managers with Highest Active Agent Hits and 1st Runner-up for Agency Managers with Highest Active Agent Benchmark Ratio, as well as Agency Managers with Highest Allianz 4 Crowns Club (A4CC) Scoreboard.
In 2020, 17 Agencies achieved the Elite Million Dollar Agency recognitions. Top performers were NPG Agency, led by Dato’ Sri Norman Pang, which amassed a group production of RM41 million AFYP, followed with ACP Agency for RM24 million AFYP and AXTI Agency with RM13 million AFYP.
Besides that, Allianz Life concluded last year with 246 Million Dollars Round Table (MDRT) achievers, with Dato’ Sueann Tan acquiring the Top of the Table (TOT) for 12th consecutive years. There are two new additions to the TOT qualifiers namely Neoh Seok Pheng (E&S Agency) and Lim Leng Tee (ACP Agency), while seven other agents were named Court of the Table.
Furthermore, 46 agents produced more than 100 cases of new business in 2020 with Amanda Wong attained the Champion of Allianz Centurion Producers with 188 cases, while 756 agents submitted more than RM100,000 AFYP last year to qualify as Star Master Awards.