Happy 2021! Happy Chinese New year of the Ox! Oxen are honest and earnest. They are humble and never look for praise or being the center of attention. This often hides their talent, but they will gain recognition through their hard work. Rarely losing their temper, they think logically and make great leaders.
On behalf of Auchel World/Grand Prospects Financial and Insurance Services, I sincerely wish all of you a happy and healthy new year and a booming career! I am deeply grateful for the unwavering trust of our clients, the hard work of our employees, the great contributions of financial professionals, the generous help of elites from other industries, and the strong support of financial and insurance companies in the past year!
Everybody remembers that at the beginning of 2020, we were full of confidence and ready for “A Whole New World.” Indeed, COVID-19 turned the world into a “whole new” one filled with uncertainty and change. U.S. presidential election, political alternations, and global economic turmoil took place in the past year; U.S. stock trading was halted several times and surged all the way up since then; the Federal Reserve’s Quantitative Easing policy and low interest rates have driven some major changes in the U.S. financial market, and have caused some of the insurance products to be either suspended or priced with higher premiums. In addition, with the mandatory compliance requirement of Actuarial Guideline 49-A by NAIC, the American life insurance market faced huge challenges. At the Kickoff Meeting last year, we came up with the concepts of “Go Deep” and “Be Precise”. During the pandemic, these concepts have been further justified. In the past year, we have adhered to the concept of the “American World Vision”, overcame various difficulties, steadily increased overall sales and volume, and made great contributions to the industry and the community.
The once-in-a-century pandemic has not only changed the way society operates, but it has also accelerated the development of some trends. In recent years, there were disruptive and innovative start-up companies emerging in many industries. In the Financial and Insurance industry, the accelerating adoption of digitalization, big data,technology, and artificial intelligence has enhanced application, underwriting, claim and services to a whole new level. All of these innovations and changes will continue to move forward. Regardless, we firmly believe that in the Financial and Insurance industry, independent brokers have their own irreplaceable advantages.
In 2021, “Innovate, Integrate, and Motivate” will be the theme that leads our company to continue to grow:
Innovate – we believe that innovation is the driving force of development. The trend of the new era will be digitalization, big data, technology, and artificial intelligence. Companies in those relatedfields have developed for numerous years, but this pandemic has undoubtedly accelerated their development. In the past year, more and more financial professionals began to utilize and rely on online platforms to complete the whole sales process and provide in-force services. We will use modern technology to improve work efficiency, to provide the most high-end and cutting-edge services in the industry, and to move forward with our partners with a transformative attitude. We will not only keep up with the trends of the era, we will also try to be at the forefront of the era!
Integrate – we will continue to follow the concepts of “Go deep” and “Be precise”. With new challenges, the industry’s requirements for professionals will only become more demanding. Deep and precise optimization of the company’s internal resources, as well as those inside and outside of the Financial and Insurance industry, will form the core of our business. When it comes to back-office support, team building, and all related services, we will always offer the best to support our business partners in the industry.
Motivate – we will continue to be the strongest supporters of our professionals and partners to help everyone not only adapt but thrive in our new environment. Our goal is to utilize new forms of Finance and Insurance and create a mechanism for joint entrepreneurship and a platform for benefit sharing in the new era!
Although the past year has been very challenging, we have been successful while growing and developing. All of this is inseparable from the strong support of everyone. Here, I once again, on behalf of Auchel World/Grand Prospects Financial and Insurance Services, would like to express our most sincere gratefulness to all of you! In the new year, while providing comprehensive financial and insurance services, we will “Innovate, Integrate, and Motivate”, and continue to make progress and work closely with everyone to succeed together!