KUALA LUMPUR: Hong Leong Assurance (HLA) posted a record total gross premium of RM2.6 billion and total new business (single and regular) premium of RM614 million for the financial year 2014/2015.
In a statement on Monday, HLA said the total gross premium and total new business were more than double in the last five years.
“The steady growth is backed by an agency force that has grown close to double in the same period for a total of 10,633 in-forced agents.
“We have one of the most young and dynamic agency forces in the industry, with over half of them from Generation Y,” it said.
HLA said to strive to achieve a higher level of efficiency and professionalism in agency force, the company will continue to recruit young and qualified agents.
It said the company recruited close to 5,000 new agents annually, after which they will be equipped with comprehensive development programmes to ensure high competency and professionalism.
“One such programme is the ‘Systematic Transfer of Operational, Management and Personal Development’ and we have ensured a level of comprehensive development with 16 modules that focus on the theories, concepts, practical aspects, and real world experience essential to a professional financial planner,” HLA said.
