Self-efficacy in attaining training effectiveness for general insurance agents

Attaining training effectiveness will be beneficial for General Insurance Agents in performing their daily activities.The training expenditure for General Insurance Agent, which is accounted in the company’s book under the Agency Related Expenses (ARE), applies to all the practitioners in the genera...

Full description

Bibliographic Details
Main Authors: Badlishah, Shahrizal, Abdul Majid, Abdul Halim
Format: Conference or Workshop Item
Language:English
Published: 2017
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/23781/1/CBMM%20%202017%20618%20623.pdf
_version_ 1825804985950011392
author Badlishah, Shahrizal
Abdul Majid, Abdul Halim
author_facet Badlishah, Shahrizal
Abdul Majid, Abdul Halim
author_sort Badlishah, Shahrizal
collection UUM
description Attaining training effectiveness will be beneficial for General Insurance Agents in performing their daily activities.The training expenditure for General Insurance Agent, which is accounted in the company’s book under the Agency Related Expenses (ARE), applies to all the practitioners in the general insurance agency force with effect from 1st January 2005 where the training hours and related requirements stipulated in the guidelines set by the Central Bank of Malaysia (BNM) must be complied with.The Financial Mediation Bureau (FMB),now known as Ombudsman for Financial Services (OFS), a unit under the Central Bank of Malaysia had recorded 609 customers complaints in 2015, 660 in 2014 and 742 in 2013 for General Insurance products.This report shows that the person who introduces to the public insurance products are not well versed with the product thus the knowledge imparted were different from what is it all about. In the insurance industry, the person is widely known as agent who plays the role as link between insurance companies and customers. This research has been conducted in two training session where agents was evaluated to find the best way to improve agent basic understanding on product knowledge thus connection to the higher-level knowledge is possible.As a result, agents are more comfortable to be open-minded and less stressful while learning with their peers compares to instructors.The approach using self-efficacy was developed and had resulted a more relax and conducive learning environment and the training effectiveness achieved served as evidence in agents’ performance
first_indexed 2024-07-04T06:24:33Z
format Conference or Workshop Item
id uum-23781
institution Universiti Utara Malaysia
language English
last_indexed 2024-07-04T06:24:33Z
publishDate 2017
record_format eprints
spelling uum-237812018-04-02T00:25:52Z https://repo.uum.edu.my/id/eprint/23781/ Self-efficacy in attaining training effectiveness for general insurance agents Badlishah, Shahrizal Abdul Majid, Abdul Halim HD28 Management. Industrial Management Attaining training effectiveness will be beneficial for General Insurance Agents in performing their daily activities.The training expenditure for General Insurance Agent, which is accounted in the company’s book under the Agency Related Expenses (ARE), applies to all the practitioners in the general insurance agency force with effect from 1st January 2005 where the training hours and related requirements stipulated in the guidelines set by the Central Bank of Malaysia (BNM) must be complied with.The Financial Mediation Bureau (FMB),now known as Ombudsman for Financial Services (OFS), a unit under the Central Bank of Malaysia had recorded 609 customers complaints in 2015, 660 in 2014 and 742 in 2013 for General Insurance products.This report shows that the person who introduces to the public insurance products are not well versed with the product thus the knowledge imparted were different from what is it all about. In the insurance industry, the person is widely known as agent who plays the role as link between insurance companies and customers. This research has been conducted in two training session where agents was evaluated to find the best way to improve agent basic understanding on product knowledge thus connection to the higher-level knowledge is possible.As a result, agents are more comfortable to be open-minded and less stressful while learning with their peers compares to instructors.The approach using self-efficacy was developed and had resulted a more relax and conducive learning environment and the training effectiveness achieved served as evidence in agents’ performance 2017-10-29 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/23781/1/CBMM%20%202017%20618%20623.pdf Badlishah, Shahrizal and Abdul Majid, Abdul Halim (2017) Self-efficacy in attaining training effectiveness for general insurance agents. In: 4th Conference on Business Management, 29 - 30 Oktober 2017, The Gurney Resprt Hotel & Recidences Penang, Malaysia.
spellingShingle HD28 Management. Industrial Management
Badlishah, Shahrizal
Abdul Majid, Abdul Halim
Self-efficacy in attaining training effectiveness for general insurance agents
title Self-efficacy in attaining training effectiveness for general insurance agents
title_full Self-efficacy in attaining training effectiveness for general insurance agents
title_fullStr Self-efficacy in attaining training effectiveness for general insurance agents
title_full_unstemmed Self-efficacy in attaining training effectiveness for general insurance agents
title_short Self-efficacy in attaining training effectiveness for general insurance agents
title_sort self efficacy in attaining training effectiveness for general insurance agents
topic HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/23781/1/CBMM%20%202017%20618%20623.pdf
work_keys_str_mv AT badlishahshahrizal selfefficacyinattainingtrainingeffectivenessforgeneralinsuranceagents
AT abdulmajidabdulhalim selfefficacyinattainingtrainingeffectivenessforgeneralinsuranceagents