SAN FRANCISCO, April 17, 2014 /PRNewswire-iReach/ — In the well-funded and very established Life Insurance industry change comes slow and infrequently. One distribution channel, Virtual Financial Group (VFG), is challenging the status quo. By leveraging the latest online tools & technology, VFG’s system allows for a new type of agent & entrepreneur to enter the industry. “The Internet has changed how we live and it has begun to change how we work in many different industry sectors, and it makes sense that the insurance industry should make this change as well,” says Mike Hinsvark, one of the principal founders of VFG and 28-year industry veteran.
As the traditional industry struggles with attrition and the inability to attract and retain replacement agents, VFG has broken the code on this decades old dilemma. As with most industry revolutions in the past 20 years the solution is technology. “Working ‘virtually’, whether it be from a home office or while on vacation, is one of the new freedoms we can all experience. And from a business perspective, no longer do we have to maintain high overhead costs for buildings or transportation. The VFG model becomes a ‘win-win’ for agents and industry alike,” says Rich Thawley, a 34-year industry veteran.
Technology is integrated at all levels of the operation from marketing, recruitment and training to online sales presentations and eApps, adding speed and sizzle to an industry often viewed as antiquated. The added elements bring the once out-dated processes in alignment with the use of technology eagerly adopted by many industries and consumers during the past decade.
VFG with its revolutionary assembly line process or “Tier System” allows a new type of individual to enter into the lucrative financial services field (veterans, entrepreneurs, handicapped individuals or stay-at-home moms) by delegating the sales process to experienced financial consultants, and there by allowing these new agents to become Licensed “Virtual Internet Marketers” and focus on simply driving Internet traffic, using a revolutionary online marketing system and automated follow up tools.
About Virtual Financial Group (VFG)
Virtual Financial Group is a financial services marketing company that is associated with World Financial Group, Inc. (WFG) a Transamerica company. WFG is a financial services marketing company whose affiliates offer a broad array of financial products and services. Insurance products offered through World Financial Group Insurance Agency, Inc.(WFGIA), World Financial Group Insurance Agency of Hawaii, Inc., World Financial Group Insurance Agency of Massachusetts, Inc., World Financial Group Insurance Agency of Wyoming, Inc., World Financial Insurance Agency, Inc. and/or WFG Insurance Agency of Puerto Rico, Inc. WFG and WFGIA are affiliated companies. Virtual Financial Group Headquarters: 8030 La Mesa Blvd Suite 492 La Mesa, CA 91942 Phone 619-663-6607. VirtualFinancialGroup.com WFG and WFGIA Headquarters: 11315 Johns Creek Parkway, Johns Creek, GA 30097-1517. Phone: 770.453.9300. WorldFinancialGroup.com.
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Media Contact: Mike Hinsvark, Virtual Financial Group, 619-663-6607,info@VirtualFinancialGroup.com
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SOURCE Virtual Financial Group