Fraternity-Testvériség, 2007 (85. évfolyam, 1-3. szám)

2007-01-01 / 1. szám

Pat Morey, John Morey, Dezső Kovács and Irma Camevale. Mr. Megyeri followed with a discussion of the financials including revenues and expenses. He mentioned that be­cause we have a declining membership and fixed expenses, our ratio of expenses to revenues is very high compared to the larger fraternal societies. While we look good in asset to liability ratios, we need to create a much larger revenue stream and that this will take time. He encouraged everyone to be more active in sales and to help recruit new agents. He also entertained a question and answer session about the underwriting process and various product questions. The afternoon session was conducted by our National Fraternal Coordinator, Ms. Zambo who expounded on the suc­cess factors that made Florida the number two state in sales. I HUNGARIAN REFORMED FEDERATION OF AMERICA Fraternal Life Insurance Ohio District Meeting. Fraternity - Testvériség / Spring 2007 17

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