Global Vision Insurance Alliance suspected MLM

Institutions distributed in Hubei and other regions of this newspaper (reporter Cheng) recently, the CIRC notified the "Global Vision Insurance alliance" organization suspected of MLM. The CIRC has ordered the relevant insurance companies to stop cooperating with the organization and will seriously deal with the illegal institutions and individuals on the basis of further investigation.　　Yesterday, the reporter asked the Hubei Insurance Bureau and the local insurance companies, all said they have not heard of this institution. Under the notice of the CIRC, "Global Vision Insurance Alliance" is composed of individual insurance agencies, a group of insurance intermediaries, the organization has formed a clear "online" and "offline" relationship between the parent agencies to direct or indirect development of the subordinate institutions sales performance as the basis for compensation, additional extraction of related incentive costs,　　Suspected MLM.　　According to the Insurance regulatory department on-site inspection found that joined the Global Vision Insurance Alliance Insurance intermediaries distributed in Beijing, Shandong, Henan, Jiangsu, Zhejiang, Shanghai, Hubei, Sichuan, Hunan, Fujian, Guangdong and other regions, a total of more than 30.　　Hubei Bureau of Insurance and regulatory authorities said that the information has been learned from the Internet, but has not heard of this body.　　People in the industry told reporters that ten years of practice, has never heard, indicating that the organization is relatively loose or mostly in the underground operation. Reporters understand that the current insurance intermediaries suspected pyramid schemes are the main characteristics of the behavior include: Sales staff rank set simple, only rise not drop; the promotion Examination index single, only considers the direct or the indirect increment personnel's sales performance, may add the personnel to raise the Commission and the Continuation Control Commission interest, sits the huge increase member "STOUFE" the benefit.　　2009, to sell card short-term accident insurance as the main business of the Beijing Big Run Insurance brokerage company responsible for the alleged pyramid scheme arrested, this is known as "insurance MLM first case" will be the insurance pyramid marketing push on the cusp. A large life insurance company business executives revealed that in the actual operation of the insurance business is also the use of pyramid structure, but the legitimate insurance marketing is to facilitate business development, organizational management. The bottom of the pyramid is the salesman, the upper level is the Marketing management department at all levels.　　and illegal insurance MLM pyramid system to build the goal is to form a performance commission mechanism, so that at the top of the MLM Big head to obtain high illegal profits, the bottom is the MLM staff, the top is still MLM personnel, the top is the big head, and insurance marketing pyramid structure is different. The relevant management in insurance marketing can be subsidized according to the performance of the marketing salesman that is managed or recommended. This kind of incentive is to better conduct marketing organization management, encourage training salesman, finally is to sell incentive for the purpose. MLM in the line from the offline Commission is actually based on the number of people on the line, not according to the entity sales, called "Performance Commission", is actually "staff Commission", the ultimate goal is to expand the MLM team to obtain more illegal benefits.　　In fact, the insurance industry in the life insurance, and MLM relationship is very delicate, inadvertently will become a pyramid scheme. Author: Cheng