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What is Fellow, Life Management Institute mean?
LOMA, (short for the Life Office Management Association) and LIMRA (formerly Life Insurance Marketing and Research Association) under the umbrella organization LL Global is one of the largest trade associations in the U.S. insurance industry.
LOMA offers an employee training and development program used by the majority of American life insurance companies, and by life insurance companies in over 70 countries worldwide. The president and CEO of LL Global is David Levenson.
LOMA administers a series of designation programs. The Fellow, Life Management Institute (FLMI) designation program, awards the FLMI designation to individuals who pass a series of 10 examinations; these insurance-focused examinations cover insurance, accounting, marketing, information systems, finance, law, management, and computers. Brokers also use the LOMA educational courses to count towards the continuing education (CE) requirement needed to maintain their license in good standing with regulators.
LOMA's board of directors is made up of insurance industry chief executive officers, presidents and vice-presidents, lawyers and other industry professionals.
referencePosted on 16 Nov 2024, this text provides information on Miscellaneous in General related to General. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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