The insurance sector in India has progressed really well during the pandemic. COVID-19 acted as a strong fillip to the industry by making insurance a necessity for people to secure themselves and their family members against future exigencies. People are now more aware than ever and are constantly looking to buy insurance products, especially in the wake of the new Omicron variant.  

Keeping your eyes on your goals is essential to thrive in this booming period. 

Setting smart goals 

To begin with, visualize what you would love to achieve this year. Your goal(s) should be meaningful as well as achievable. It should help you enhance your competence and stature.  

This is how I do it. I break the goals down to monthly goals and make action plans accordingly for each month. I make sure that the goals are written in specific terms and shared widely with my team and family members. Doing so helps me stay on track and monitor the progress on a regular basis.  

How goal-setting helps 

For me, the most important benefit of goal-setting is to be able to separate what’s important from what’s not. It helps me stay on course and not get distracted by trivial things. Keeping a constant track of my progress also helps me stay motivated to achieve my goals.  

As a financial advisor, I am currently focusing on: 

• Achieving Court of the Table level once again. 
• Landing amongst top five life advisors in my company (honored as living legends) 
• Doubling my revenue in medical insurance and mutual funds 

In a nutshell 

The world has seen unprecedented transitions due to COVID-19 and the following rapid technology adoption across industries. Insurance is no different. With digitalization and automation happening in this space, insurance advisors must adapt to these changes, and remain agile to be ready for more of such evolutions that are bound to occur in the future.   

While goal-setting will remain the need of the hour, it is also pivotal for advisors to learn new skills and gain familiarity with new technologies to stay relevant in this highly competitive environment and continue serving customers with the best insurance products that are perfectly in sync with their needs. This simple practice is today’s success mantra, and every advisor should follow it to succeed in their journey. 

Contact: MDRTeditorial@teamlewis.com