LAKE BUENA VISTA, FLORIDA, UNITED STATES-MAY 20, 2007- LOMA, the leading trade association to the international insurance and financial services industry and worldwide leader in learning and professional development, announces the launch of the Fellow, Life Management Institute (FLMI) India Program, a localized version of the well-known LOMA educational program. The FLMI India Program was developed by LOMA in collaboration with the United States Agency of International Devlopment (USAID, India), through BearingPoint and the Birla Institute of Technology (BIMTECH).
LOMA’s Fellow, Life Management Institute (FLMI) Program is the global standard of professional education in insurance and financial services. The FLMI India provides students and professionals in India with the standard LOMA curriculum along with supplemental study materials providing greater insight and specifics on Indian business practices and regulations. “LOMA is committed to improving employee performance and increasing profitability for the insurance and financial services industry”, stated Joel V. Basarich, Ph.D., FLMI, ACS, Vice President and Managing Director of LOMA’s International Division. “Continuing education helps professionals achieve their career goals and improves company operations, and we are thrilled that this customized version of the FLMI Program can assist companies in the growing Indian market develop their human resources”. The new program was introduced at the ACORD LOMA Insurance Systems Forum in Lake Buena Vista, Florida and will be officially launched by Dr. Basarich and other distinguished representatives from BIMTECH and USAID in New Delhi, India on May 23, 2007.
LOMA’s award-winning FLMI Program curriculum provides key knowledge of how the insurance industry operates. The 10 self-study courses provide a comprehensive business education in the context of the insurance and financial services industry. The FLMI program features a solid introduction to industry terms, functional areas, processes, and area- and product-specific knowledge in marketing, administration and financial reporting.
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.