ATLANTA – Nov.3, 2010 – LOMA has launched its Insurance Administration Course Portal, an online enhancement to the existing designation-level course, Insurance Administration (LOMA 301).
Through the new Course Portal, LOMA now offers the job-relevant, industry-specific designation content in a flexible format. By blending the more traditional study experience with several new online and multi-media features, learners can study the course content in the format they prefer. The introduction of the Insurance Administration Course Portal marks a milestone for LOMA in its move to online course delivery. With the launch of this course, all requirements for the popular Associate, Life Management Institute (ALMI) designation are now available in an online study format.
�Every insurance company associate in the home office and the field can benefit from understanding the core insurance functions covered in this important course,� said Kathy Milligan, FLMI, ACS, vice president of LOMA�s Education and Training Division. �With the increased accessibility and streamlined format of this and other courses, the ALMI Program will become an even more important component of the career development plans of industry employees.�
Insurance Administration provides a detailed discussion of the activities of insurance administration for individual and group life insurance coverage, focusing on underwriting, claims, reinsurance and customer service.
Topics covered in the course include:
- New Business Process and Underwriting Principles
- Legal Aspects of Underwriting
- Underwriting Individual Life Insurance
- Niche Policies, Business Life Insurance, Replacements and Supplemental Benefits
- Underwriting Group Life Insurance
- Administering Life Insurance Claims
- Reinsurance Administration
- Effective Customer Service
Currently, there are four LOMA Course Portals, each designed to teach a designation-level course that appeals to a variety of learning styles. A fifth Course Portal, for LOMA�s flagship course Principles of Insurance (LOMA 280), will be launched in mid-December 2010. More information regarding Insurance Administration (LOMA 301) can be found in the Learning & Development section of www.loma.org.
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.