A Study to Identify the Training Needs of Life Insurance Sales Representatives in Taiwan Using the Delphi Approach
International Journal of Training and Development Volume 10, Number 3, ISSN 1360-3736
This article reports a study conducted to identify the needs for continuing professional development for life insurance sales representatives and to examine the competencies needed by those sales representatives. A modified Delphi technique was used. Most life insurance companies in the USA implement an education and training plan advocated by the Life Office Management Association. Insurance companies in Taiwan implement similar education and training plans, but they do not seem to result in the successful performance of their sales representatives. Besides augmenting knowledge of various financial products and marketing approaches, this study also suggests that life insurance companies need to train their sales representatives to an adequate standard in competencies of problem solving, communication, information technology utilization, culture compatibility, emotional intelligence, collective competence and ethics. (Contains 4 tables.)
Fan, C.K. & Cheng, C.L. (2006). A Study to Identify the Training Needs of Life Insurance Sales Representatives in Taiwan Using the Delphi Approach. International Journal of Training and Development, 10(3), 212-226.