National Agents Alliance Reports Huge Growth in 2011 - Insurance News | InsuranceNewsNet

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December 30, 2011 Newswires
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National Agents Alliance Reports Huge Growth in 2011

PR Web

Burlington, NC (PRWEB) December 30, 2011

National Agents Alliance President and Chief Executive Officer Andy Albright announced today that at a time when many businesses across the country are struggling to survive and continue to cut jobs, leaving millions unemployed, National Agents Alliance continues to hire new employees and is experiencing a period of substantial growth.

According to the jobs report provided by the Bureau of Labor Statistics the unemployment rate for the United States will hover around nine percent through 2011, even though it reported that the recession has ended. The unemployment rate gauges joblessness, but also serves as a gauge of the economy’s growth rate. Many employers are resisting the urge to hire new employees because they are not certain the economy will remain stable.

Albright proudly reports that National Agents Alliance, an Insurance Marketing Organization, has continued to hire employees across the country throughout the lean times. This action has been one factor in NAA posting some of its strongest production and recruiting numbers since the company’s inception in 2002.

“When unemployment rates get above six or seven percent, the government gets concerned and I get concerned,” Albright said. “I am trying my best to keep the unemployment numbers low by hiring as many people as I can as fast as I can. We’ve had an awesome 2011 and we want to keep things going upward in 2012. We are bound and determined to help even more people in 2012.”

Unemployment peaked at 10.2 percent in October of 2009 after being as low as 4.4 percent in March of 2007. The unemployment rate rose rapidly and hit 10.2 percent in October of 2009. It was the highest unemployment rate since the 1983 recession, when it was above 10 percent for 10 months.

Through the first three quarters (49 weeks) of 2011, National Agents Alliance reported:

   •      A 26.2 percent increase in issued paid annualized premium from the first three quarters of 2010.
   •     A 17.4 percent boost in recruits compared to the first 49 weeks of 2010.
   •     A 32.2 percent spike in issued paid application count compared to the first three quarters of 2010.

A big reason for National Agents Alliance’s growth during these turbulent economic times, according to Albright, is large events like its upcoming “Be Your Own Rock Star” Version 2.0 National Convention on Jan. 26-29 in Raleigh, N.C., weekly rotational training meetings across the country and a dogged effort to help families secure the financial services they want – and need – to protect their families should they die and leave behind a family.

Albright said January’s event will serve as launching pad for even more growth. The event serves as a time to unite the team toward a common vision and goal, something NAA strongly believes in.

“This is when we plot the course for the next 12 months and get things started right in 2012,” Albright said. “We will continue to see growth in our company in both production and recruiting. We are ready for big things in the new year.”

###

Read the full story at http://www.prweb.com/releases/2011/12/prweb9069614.htm

Copyright:  (c) 2011 PRWEB.COM Newswire
Wordcount:  515

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