Wednesday, February 15, 2017

Meritz, GA channel performance dropped dramatically reason



[Korea gimmingyeong financial newspaper reporter] turned out to be significantly reduced compared to the GA channel performance from last year's Meritz 7 to October.

GA-channel initial premium of 7 May last year, Meritz was reduced by 14% YoY to 33.9 billion won to 29.3 billion won.

August was a record 27.5 billion won, down 3.1 billion won in September was 27.2 billion won, recording a 5 billion won, down 25.9 billion won, 3.4 billion won, down 10 May.

Meritz promote the massive reorganization in the second half of last year, two euros and exclusive agents enhance the organization that reportedly pays a commission to the exclusive agents for up to 1100%. 1000% base commission said the commission said that 100% of the bonus policy was formulated the concept of 600% of the commission, particularly as advance payment.

This exceptional treatment will be interpreted as a commitment to support the full-speed channels GA level Meritz receive a lot of relatively commission.

However, this conflict was punctuated with GA in the process. The sales volume of GA will not be a lot much the same fees as compared to captive agents travertine. Thus it began to decline in the performance Meritz GA.

Eventually Meritz decided to create additional incentives of bonus items in each GA to pay a bonus of 40 to 50% of monthly premiums for 50 million won, 70 million won, 100 million won.

Insurance industry officials said that "it is not easy in a tug of insurers and insurers yigigin GA thus channel. This is because a high proportion of sales channels GA.

Industry experts said the comments, noting that the GA is too large influence on the insurers' need a culture that emphasizes the seller is responsible.

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