• Finding the weaknesses of takaful industry in Malaysia, bang on it. MELETOP

    The number of takaful operators in Malaysia till 2009 is 8 while the number of life insurance companies is 7 as shown in the table below. However the penetration rate for takaful industry in Malaysia is ONLY 10% whereas for insurance is a whopping 40%.

    Can you see the huge gap between takaful and insurance in terms of market share. And this is the weakness of takaful industry that they cannot market the takaful product to the public at large.

    Because of the low penetration rate among the Muslims here in Malaysia, Bank Negara has approved takaful license to another 4 new takaful operators. Among them are:

    i) ING Management Holdings (Malaysia) Sdn Bhd (60 percent), Public Bank Berhad (20 percent) and Public Islamic Bank Berhad (20 percent)

    ii) Great Eastern (70%) and Koperasi Angkatan Tentera (30%)

    Now, as an entrepreneur, a takaful agent, a unit trust agent which takaful operator do you choose so that it can grow your takaful business faster and bigger.

    In my opinion, if you want to climb your rank faster from a rookie agent to aspiring manager to unit manager to group agency manager – you will take about 4 to 5 years in your existing old companies. Why? Because in the old existing takaful operators, they already have agency leaders to build their agents at a slow and steady pace.

    In the new company, everything must be fast. So you will also climbing the ladder super fast. And you will get 110% support from the company. Because if you die the company die. In the old existing company, if you die, they already have many other leaders. So you are not the only focus that they have to commit to.

    In the new company, they will make a commission structure to be better than the old one as they know where to benchmark. You will most likely get a better commission from the old existing takaful operator. Otherwise, they cannot attract takaful agents to join them.

    And also the new company will try to give a promotion to you if you are a takaful agent that already long in the business, you can be promoted to a unit manager with some supporting documents showing your achievement. And if you are a unit manager, you may be offered a group agency manager.

    If you would like to know more about joining Great Eastern Takaful with a higher rank that means higher commission structure, click here.

    p.s. Arif Ismail is a pioneer Group Agency Manager with Great Eastern Takaful. He provides a weekly training on how to recruit the new Great Eastern Takaful agents massively. Click here for detail.

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)

  • RM31million for ING Public Takaful Ehsan in the first year

    ING Public Takaful Ehsan eyes RM31m for 1st year

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)

     

     

     

  • RM800million for ING Public Takaful Ehsan by 2015

    ING Public Takaful Ehsan Business Opportunity

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)

  • ING Public Takaful Ehsan expect to capture 10% of market share by 2015

    ING Public Takaful Ehsan agency

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)

  • Launch of ING PUBLIC Takaful Ehsan Berhad

    On 5 April 2011, ING Management Holdings (Malaysia) Sdn Bhd (ING) together with its strategic alliance partners, Public Bank Berhad (PBB) and Public Islamic Bank Berhad (PIBB), launched the new joint venture, ING PUBLIC Takaful Ehsan Berhad. ING, PBB and PIBB received the nod from Bank Negara Malaysia in September 2010 to set up a Family Takaful company.

    After months of preparatory work, the Joint Venture Agreement between ING, PBB and PIBB was inked on 8 March 2011 to give effect to the birth of ING PUBLIC Takaful Ehsan. ING, PBB and PIBB have an equity participation of 60%, 20% and 20% respectively in ING PUBLIC Takaful Ehsan.

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)

  • The strategy to succeed in Great Eastern Takaful

    The Great Eastern Takaful is a new takaful operator in Malaysia. There are 3 other companies that have been granted the takaful license last year.

    With about 8 takaful operators now, how do you survive? Good question right. For the takaful companies, I know they must have their own strategy how to stand out in front of the public. The product and the service they give to the customer must meet customer expectation.

    For the newer company, of course it is easy for them to provide a better product as they can benchmark the existing takaful product and just put an additional benefits to it. Boooom, their product MELETOP.

    How about the agents and the agency managers. One of the strategies for the agency managers is how he can recruit a huge team as quickly as possible to market the takaful products that insyaAllah will be one of the best takaful product. So the question is how to recruit as fast as the lightning speed.

    For this, I will be able to teach all the potential leaders with Great Eastern Takaful
    on how to do just that. Recruit, recruit and recruit 24 hours a day 365 days a year.

    If you would like to know more on the recruitment strategies, click here.

    p.s. Arif Ismail is a Group Agency Manager with Great Eastern Takaful. He provides a weekly training on how to recruit the new takaful ehsan agents massively. Click here for details

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)
     

  • Grow your takaful business NOW with Great Eastern Takaful

    If you have been involved in takaful business but you think you have not achieve your dream, you think you can grow bigger and attract more client and prospect takaful agent, you must have a strong desire to succeed. But you still cannot achieve it. Then you must do some deep thinking. Do some research on how you can grow better and faster.

    In any company or organisation, those who are the early birds (those who come early) will reap the most benefits.

    No 1 is that the new company will be so generous to help you and will do anything so that the company will quickly grow and set the solid business foundation.

    No 2 is when the company is new, not so many people would like to take the risk to join them. But those who take this calculated risk will ultimately succeed and grow their team to a huge success.

    No 3 is the management of the company will work hand-in-hand with you to grow your takaful agency business. Because the CEO of the new takaful company is new, the  COO is new. Everybody is new. They must have their own KPI to grow the company quickly.

    These 3 factors will help our takaful business to grow at a greater height faster compared to when you are with your existing company. One of it because your existing company has already had a leader agency manager. You may be a unit manager unknown to the company.

    Another factor is that the penetration rate for people in Malaysia that have protection with takaful plan is only 10%. I repeat it is only 10%. There are more rooms to go whether it is to find more client or to find more takaful consultant or agents.

    So you must knew that the Malaysia government has awarded a few takaful licences to takaful operator in Malaysia last year. Among the new one is Great Eastern Takaful. So if you join them now, you are the pioneer. In the next 2 years, you will see your income will grow into 5 figures and in the next 3 years you could realise that you will get 6 figures income monthly.

    This very rare opportunity is happening NOW. Take your action. Take my words. InsyaAllah we will grow together.

    Call me if you want to take this new venture Arif Ismail 013-3640043.

    p.s. Arif Ismail is a Group Agency Manager with Great Eastern Takaful. He conducts a weekly seminar for the young graduates to build their business in this untapped takaful industry. Click here for details.

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)

  • Great Eastern Takaful is looking for takaful agents, takaful advisors and Agency Managers

    The newly formed takaful company Great Eastern Takaful is eagerly looking for leaders of takaful agents to join the company so that they can rapidly grow the takaful business within this year.

    p.s. Arif Ismail is a Group Agency Manager with Great Eastern Takaful. He conducts a weekly seminar for the young graduates to build their business in this untapped takaful industry. Click here for details.

    Klik di sini untuk link ke produk GE Takaful (www.getakaful.net)