Latest news with #HPN
Business Upturn
16-05-2025
- Business
- Business Upturn
Hoopis Performance Network (HPN) and LIMRA Earn Recognition from Selling Power for Excellence in Sales Training for 5th Consecutive Year
Chicago, Illinois , May 16, 2025 (GLOBE NEWSWIRE) — Hoopis Performance Network (HPN) and LIMRA proudly announce their fifth consecutive recognition from Selling Power as one of The Top Sales Training Companies for their collaboration, Trustworthy Selling. This honor highlights their commitment to delivering innovative training programs that drive sales success in the financial services industry. Selling Power – Top Sales Training Companies 2025 Selling Power is a leading digital magazine for sales leaders, providing strategies and insights to maximize sales performance. The 2025 award program rates companies across all industries on the depth and breadth of their sales training programs offered, innovative offerings, client satisfaction and overall contributions to the sales training market. 'We're honored to receive this recognition from Selling Power for the 5th year in a row – especially since we're the only sales effectiveness program among the honorees designed specifically for the financial services industry,' says Joey Davenport, President of HPN. 'Equipping financial professionals to provide financial security worldwide has always been the mission of the Trustworthy Selling Team.' According to LIMRA research, 71% of consumers report being more confused after meeting with a financial professional than before the meeting. Another 47% report being afraid of making a mistake in their financial decision-making. This causes inertia and procrastination which leads to most consumers putting off the decision to address their financial security. To address this, HPN and LIMRA identified seven behavioral economics techniques that when applied to the sales process, increase the likelihood of a potential client moving forward with recommendations by 29%. 'Trustworthy Selling has a proven record of success. Upon completing the program, financial professionals, on average, report a 46% increase in first-year commissions, a 25% increase in new clients, and premium growth of 32%,' said Kim Terranella, Vice President, Industry Solutions, LIMRA and LOMA. 'As we continue to support our members' distribution development goals through this program, we are pleased that Selling Power has recognized its unique value again this year.' Trustworthy Selling has over 40,000 graduates of the program worldwide. The program has been translated into numerous languages and is currently being utilized in North America, Latin America, Southeast Asia, China, and Japan. In Asia, for example, the program is utilized to help financial professionals evolve from transactional selling to a focus on relationship-based selling. Per Jeff Campbell, COO of Selling Power – 'Simply put, for the financial services industry, there is no equal to the continually innovative effectiveness of Trustworthy Selling. We conduct annual customer feedback research, and the responses speak volumes as to the improvement in performance and process companies experience after engaging with Trustworthy Selling.' Trustworthy Selling – A collaboration between Hoopis Performance Network and LIMRA About Hoopis Performance Network Hoopis Performance Network is a trusted leader in professional development, delivering training and consulting solutions to organizations worldwide. With a focus on empowering leaders, enhancing team performance, and driving sustainable growth, HPN provides cutting-edge tools and strategies for success. For more information, visit Press inquiries Hoopis Performance Network Grace Egan [email protected] (847) 977-2632 790 Frontage Rd #300 Northfield, Illinois 60093
Yahoo
25-02-2025
- Business
- Yahoo
Hoopis Performance Network Partners with LIMRA to Offer EDGE: The Leader's Journey to Member Companies
Northfield, Illinois--(Newsfile Corp. - February 25, 2025) - Hoopis Performance Network (HPN), a leader in financial services learning solutions, is expanding its decade-long partnership with LIMRA, a global authority in research and professional development. This expansion will add EDGE: The Leader's Journey to LIMRA's suite of leadership development solutions for member companies in the U.S. and Canada. Hoopis Performance Network partners with LIMRA to offer EDGE: The Leader's Journey EDGE: The Leader's Journey is a leadership development platform designed to support managers at every stage: Emerging, Developing, Growing, and Excelling. It focuses on core leadership competencies, including: Recruiting & Selection Coaching & Accountability Organizational Development Leadership Mindset & Growth The platform provides access to top financial services leaders and features: Interactive modules On-demand video training Actionable tools, including systems assessments "Identifying leadership talent and equipping those individuals with the tools to become successful leaders is a critical component to ensuring organizations thrive well into the future," says Harry Hoopis, CEO of HPN. "With the huge success of our collaboration with LIMRA on Trustworthy Selling, and now expanding our partnership by LIMRA adding HPN's EDGE as a leadership solution to their member companies, we're positioned to become the premiere skill development resource for both advisor and leadership development in financial services." Research from Harvard Business Publishing's 2024 Global Leadership Development Study highlights four key areas essential for leadership success: Widening Skill Sets to address evolving industry needs Challenging Existing Paradigms to foster innovation Managing Paradoxes in complex decision-making Unlocking Individual Potential for long-term growth EDGE: The Leader's Journey is built around these principles, helping financial leaders develop the skills needed to succeed in a changing industry. About LIMRA LIMRA is a leading global research and professional development organization serving the insurance and financial services industries. For over 100 years, LIMRA has been dedicated to advancing the success of its member companies through research, learning programs, and industry insights. For more information, visit Hoopis Performance Network About Hoopis Performance Network Hoopis Performance Network is a trusted leader in professional development, delivering training and consulting solutions to organizations worldwide. With a focus on empowering leaders, enhancing team performance, and driving sustainable growth, HPN provides cutting- edge tools and strategies for success. For more information, visit Press Inquiries Hoopis Performance Networkhttps:// Eganinfo@ 977-2632790 Frontage Rd #300Northfield, Illinois 60093 To view the source version of this press release, please visit Sign in to access your portfolio
