Mr. Oliver Akubia, the Managing Director of Millennium Insurance Company, has expressed his profound gratitude to the sales executives for their almost 30% contribution to the company’s current production of about GH¢27m so far achieved. This current production figure, he said, represents about 49% growth over the previous year’s performance of GH¢18.09m.
“Your efforts in making such a substantial contribution are most appreciated; we therefore implore you all to maintain that ositive attitude so the target for the year can be achieved, if not exceeded,” Mr. Oliver Akubia remarked.
This commendation was made during the company’s second ‘Sales Day Out’ event at the Atlantic Bay Resort in Prampram on Thursday 5th December 2020. The said programme is an annual appreciation event that started last year to reward very productive sales executives and also afford management an opportunity to fraternise with the entire nationwide sales force.
This year’s ‘Sales Day Out’ as usual rewarded the best performing Sales Executives nationwide in terms of premium income, professionalism, commitment to work and adherence to the Regulator’s (NIC) directives which translated into their impressive contributions to the company’s gross premium income achievement.
The MD further disclosed that the year has been most eventful for the Ghanaian insurance industry, in view of the market seeing implementation of the new motor insurance database (MID) which addresses the issue of premium undercutting. The impact from COVID-19 also cannot be left out, he said.
He commended NIC for implementing the MID, and reiterated that the company will comply with the directive concerning its usage. He therefore urged all his staff to sensitise their clients on the new directive at the inception of all policies as well as renewals.
Edem Segbedzi, Head of Marketing, said the year started with the usual hope of achieving the annual budget, but the lockdown forced staff to stay home for about two months. Thissomewhat affected production, but fortunately the Almighty God smiled on the company after the lockdown and things began to take shape and move in the right direction.
Also in attendance was the General Manager-Operations, Mrs. Mary Dove; the Head-Human Resources, Mrs. Sophia Abayah Gbordzi; and Mr. Samuel Ayibor-Head of Agency and Branch Coordination.
Seven sales executives drawn from across the country gathered at the Atlantic Bay Resort to receive their prizes for high performance in the year under review.
- Theophilus Addo – Client Service Executive, who won the ‘Overall Best’ in New Business Generation;
- Stephen Osei Kwame – Client Service Executive, was named ‘Overall Best’ in Business Retention;
- Christiana Ama Nkansah – Satellite Office Manager-Ashiaman, won the ‘Overall Best’ in New Business Generation.
Other high fliers included:
- Eric Twum Ampofo – Satellite Office Manager-Haatso, picked up the ‘Overall Best’ in Business Retention prize;
- Priscilla Dziwornu – Satellite Office Manager-Asamankese, won ‘Most Compliant’ Sales Executive;
- Kwadwo Osei Bonsu – Satellite Office Manager-Kumasi DVLA 1, was adjudged the ‘Most Innovative’ Sales Executive; and Abigail Offei – Satellite Office Manager-Dansoman, picked up the ‘Best Performance’ in Portfolio Mix award.
The agents expressed their appreciation to management and promised to work harder in order to help grow the company.