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Mis Week 6 Project

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Week 6 Course Project

MIS535

Managerial Applications of Information Technology

The goal is to add value to current clients as well as prospects. In addition, the company wants to get busy families and business owners to agree to set appointment in order to meet with a financial service professional. Lastly, the company wants people to utilize its Information Systems.
New York Life Insurance Company was founded in 1845. The headquarters are in New York City. New York Life Insurance Company is a Fortune 100 company and one of the oldest and largest mutual life companies in the United States. The company maintains operations in all 50 states and also services areas in Asia and Latin America. The company has over 60,000 licensed insurance agents and over 17,000 non-licensed employees. New York Life also holds the highest possible ratings for financial strength. This is based on the life insurance industry’s four principal ratings agencies. With the industries sales growth being around 12% in 2010, New York Life Insurance Company had an increase in sales that was 39% over 2009.
The biggest thing about being in the insurance business is sales. As long as New York Life Insurance Company is compliant with the regulations, the company can be creative in building the business to be a dominant force in the industry.
By solving the problem, agents will be able to collaborate with managing partners. This will allow the rest of team to be able to revisit appointments that were made. By revisiting these appointments, agents will be able to turn these appointments into applications. In the insurance industry, an application means income. By utilizing the agent to agent approach, agents of New York Insurance Company will be able to earn a 50% service fee. This means that if one agent gets another agent of New York Life, to complete an application, that agent will

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