WALNUT CREEK, CA--(Marketwire - Mar 26, 2012) - The MassMutual Financial Group has announced that the San Francisco Bay Area Insurance Agency, under the leadership of CEO Robert Fakhimi, has earned a ninth Massachusetts Mutual Life Insurance Company's (MassMutual) National Chairman's Trophy. With this most recent trophy, Fakhimi's agency has received the prestigious award for performance nine times in the last ten years.
MassMutual has an extensive field force of more than 5300 agents in 85 national offices. The Chairman's Trophy reflects an individual agency's accomplishments in revenue growth, recruitment and productivity. Only a select group of general agents win the award annually.
"Our team has been outstanding and consistently services their customers in the most professional and sophisticated manner," Fakhimi said. "Our support services and I consistently dedicate ourselves to encouraging the career field agents to reach their full potential and work effectively with clients to help them achieve their financial goals."
Since General Agent Robert Fakhimi joined the San Francisco Bay Area Insurance Agency, the Agency has produced numerous outstanding career professionals. Agents from San Francisco Bay Area Insurance Agency are top performers -- the office has produced esteemed Freshman Five honors six times in the last eight years. Other recent Agency honors include the qualification of financial professional Tony Delumen for the MassMutual Chairman's Club for 2012, an award given to only 10 of the agents at MassMutual, and the awarding of the First in Class honor to General Agent Robert Fakhimi.
This year the agency led all MassMutual Agencies in the rankings for the Gold Bowl, is number one in Premiums with $73 million, number one in Annuities, number one in rising leaders and the winner of the Crystal Achievement award for top agencies. The Agency is headquartered in Walnut Creek and has field offices in Milpitas, Fremont, Palo Alto and San Francisco.
About the San Francisco Bay Area Insurance Agency Inc.
With roots going back to 1891, the San Francisco Bay Area Insurance Agency Inc. is a significant contributor to the local economy, as shown by the following figures about the San Francisco Bay Area Insurance Agency and its detached offices (as of December 31, 2011):
- More than 36,000 policyholders and clients1
- Servicing over $859 Million in client policy and account values (including values of MassMutual and subsidiary insurance companies' insurance and retirement products and investment products offered through MML Investors Services, LLC, a MassMutual subsidiary.)
- More than $5 billion in life insurance face amount in force2
- Returned more than $8.5 million in dividends to its participating policyholders in 20113
Robert Fakhimi is CEO and Managing Partner of the San Francisco Bay Area Insurance Agency Inc. Headquarters is in Walnut Creek and branch offices are located in San Francisco, Fremont and Milpitas. Mr. Fakhimi can be reached at 888-803-3631, ext. 320 or by e-mailing him at rfakhimi@finsvcs.com. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, member SIPC, Inc. 2121 N. California Blvd. Suite 395 Walnut Creek, CA 94596 (925) 979-2300.
About MassMutual
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC., member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
For more information, visit massmutual.com.
1 An insured, owner, or payer of a MassMutual policy or contract.
2 Amount of individual life insurance in force as of 12/31/11 related to products issued by MassMutual and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company.
3 The amount of dividends to whole life policyholders in 2011.
Contact Information:
Erica Zeidenberg
925-631-0553