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New LOMA Online Courses Ignite the Potential of Insurance Professionals
Atlanta,
GA, May 13, 2008 -- The first phase of a complete redesign of LOMA’s
Fellow, Life Management Institute (FLMI) education program will be
introduced this fall, as part of a comprehensive LOMA initiative to help
companies develop and retain key talent. The
first phase includes two new, online introductory
courses that will offer employees a technologically enhanced learning
experience and highly relevant industry-focused content.
The
two new online learning experiences will be designed to “ignite the
potential” of today’s—and tomorrow’s—insurance professionals.
Focusing
on serving
the customer (insurance principles and products) and improving
the bottom line (insurance operations), the courses will be
introduced as an alternative to the current FLMI Level 1 courses: LOMA 280
– Principles of Insurance and LOMA 290 – Insurance Company Operations.
The new courses are designed for anyone who is looking for an engaging way
to learn the basics of insurance.
By
completing the two new courses, an individual earns LOMA’s “Level 1”
Certificate in Insurance Fundamentals and receives two credits toward the
prestigious FLMI designation.
”A
great feature of these new online courses will be their streamlined
content presentation,” said Katherine C. Milligan, FLMI, ACS, Vice
President, LOMA Education and Training.“ Most learners taking the new
courses will reduce their study time by 30% to 50% over those studying our
current online or text-based materials for existing FLMI Program
courses.”
According
to Robert A. Kerzner, CLU, ChFC, president and CEO of LOMA and LIMRA,
the new FLMI Level 1 courses have particular relevance
today to companies and
their employees. “We look forward to talking with company leaders about
the critical investment they should be making in their employees by
providing this well-rounded introduction to insurance products and
operations. Now, more than ever, these LOMA courses are a ‘gotta-have’--they
enhance employee performance and retention, and this can have a real
impact on the bottom line,” said Kerzner.
The
newly redesigned LOMA 280 and LOMA 290 courses will be available beginning
in late 2008. Although LOMA will encourage immediate adoption and use of
the new online courses, companies and students already “in the
pipeline” will be able to continue using current study materials through
2009 to complete LOMA 280 or LOMA 290. LOMA will announce specific new
course introduction dates and current course completion deadlines later
this year.
Milligan
indicated that revisions of courses beyond Level 1 of the FLMI Program are
in the planning stages and that a completely redesigned FLMI Program will
be phased in over the next few years. “Over the years, LOMA has updated
and changed the structure and requirements of the FLMI Program numerous
times to meet the changing needs of the industry. The current initiative,
like all others, will be carried out under the guidance of the LOMA
Education and Training Council and panels of industry experts in the
various subject areas. We envision an engaging and highly relevant new
Program that will be structured in a way that offers companies and their
employees increased flexibility in customizing program content to career
development needs,” she said.
The award-winning FLMI Program is a 10-course,
professional development program that provides a comprehensive business
education in the context of the insurance and financial services industry.
The FLMI Program is the world’s largest university-level education
program in insurance and financial services. More than 80,000 students
throughout the world have earned the FLMI designation.
About
LOMA
Established in 1924, with 1,200 plus
member companies in over 80 countries, LOMA is committed to a business
partnership with its world-wide members in the insurance and financial
services industry to improve their management and operations through
quality employee development, research, information sharing, and related
products and services. To
find out more about LOMA and the learning opportunities it offers, visit
LOMA’s Web site at www.loma.org.
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