Tata AIA Life enters world's top 10 MDRT companies list

Hyderabad Tata AIA Life Insurance Co Ltd (Tata AIA), a life insurance company announced that it has entered the list of the World's Top 10 MDRT companies with a global ranking of 9. Also, the insurer said, 1,496 of its life insurance agents have qualified for the Million Dollar Round Table (MDRT) as of July 1, 2022, making Tata AIA the leading MDRT company in the life insurance sector in India.

MDRT is a global, independent association of the world's largest life insurance and financial services professionals from more than 500 companies in 70 countries and territories. Tata AIA said of the 1,496 MDRT agents who qualified for this group, 689 were women, making up 46 per cent of the overall MDRT agent count. Tata AIA Life ranks 15 worldwide for the induction of top qualifying women advisors as of July 1, 2022, the company added.

AIA Group, the joint venture partner in Tata AIA Life, said it set a record during the year to become the company with the highest number of MDRT members for an unprecedented eight consecutive years. As of July 1, 2022, 15,745 AIA agents and agency leaders were registered as MDRT members.

Naveen Tahilyani, Managing Director and Chief Executive Officer, Tata AIA Life Insurance, said, "We are delighted with the fact that our champion advisors and team agency have led Tata AIA to be ranked number one in India in terms of most MDRT agents in life insurance companies in India."

Since the company's IPO in 2010, the number of MDRT members has increased by 768 per cent.