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Insurance Sales Presentation AlShamel Car Insurance International Travel Insurance.

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Presentation on theme: "Insurance Sales Presentation AlShamel Car Insurance International Travel Insurance."— Presentation transcript:

1 Insurance Sales Presentation AlShamel Car Insurance International Travel Insurance

2 Prospecting & Qualifying While searching for new key accounts, Olayan Group seemed to be an optimal fit for Tawuniya Insurance Company growth plan It is a multinational company based in Riyadh, Saudi Arabia with more than 40000 employees – from unskilled labor to highly technical engineers, the company also has thousands of support staff, and professionals http://www.olayan.com/About/Directory A huge company with billions of $ in revenues It is worth the try to contact the company’s H/R director and the benefits manager

3 The Pre-Approach Stage Called the Olyan’s and arranged a meeting with both– the H/R director & the benefits manager “the executive decision makers”. They asked me to have a sales presentation ready and to bring it with me during the scheduled meeting. I did the homework in successfully setting the sales appointment with the executives' office manager, I did also qualify the company; my chances of success is better than average—this is a key account.

4 The Approach stage Meeting with the H/R director & the benefits manager of Al Olayan as scheduled – 10:30 A.M Tuesday Morning. There was a committee “ the H/R executives, the director of purchasing, and the chief accountant ”waiting for me to start. I started by introducing myself, and my company. I first asked them to tell me about their insurance needs. As they speak individually, I was listening carefully—all companies must do so the needs assessment first.

5 The Approach stage It was Clear it will be difficult to take Al Olayan Group from Al Saudiah for Insurance ! However, Al Saudiah for Insurance does not offer comprehensive car insurance nor international travel insurance That is my open window to add Al Olayan to my company’s portfolio.. I actually anticipated Al Olayan’s insurance needs, and was prepared to present my offer

6 The Presentation Stage It was time to present my two main products – the ones I came to actually sell and to present real owners’ benefits My Sales Plan Aims at Upgrading Al Olayan Employees car insurance plans – from basic liability to comprehensive one completely free – this will grab the decision makers attention, and get them ready to focus on the next step which is the international travel insurance !!

7 Comprehensive Private Motor Insurance (AL-SHAMEL) Program !! Al-Shamel Basic Covers:  Loss or Damage to the Insured Car  Liability to Third Parties  Flood Covers  Emergency Medical Expenses  Age Restriction Extension  Agency Repairs  Hire Car Facility

8 International Travel Insurance Program The International Travel Insurance Program covers the risks related to travel outside Saudi Arabia - All over the world (World-wide) that may be suffered by the traveler due to a series of accidents as follows:  Trip cancellation  Missed departure  Personal accident  Emergency medical expenses  Personal property  Delayed baggage

9 Sales Strategy

10 Handling Objections & Closing !!!  There were few concerns, but all gone once upgrading the car insurance was offered skillfully  Policies & contracts blank forms were prepared in advance – in both format ; paper & digital !  I quickly got the benefits manager & Committee’s approval – they signed the master policies and said they will distribute the rest by email to all company employees. Then, forward to me at a later date !

11 Follow-Up


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