Finance News

Tuesday, September 13, 2005

LOMA Announces 2005 Education Award Winners

LOMA Announces 2005 Education Award Winners

ATLANTA, Sept. 13 /PRNewswire/ -- LOMA is pleased to announce the 2005 Educational Achievement, Excellence in Education and Educational Quality award winners. This year's winners represent a diverse group of insurance and financial services companies dedicated to employee education and professional development.

The Educational Achievement Awards recognize the top 15 LOMA member companies on individual, regional and global levels with the greatest involvement and participation in LOMA's professional learning programs based on their total number of exam enrollments during the previous calendar year. The winners represent a broad spectrum of companies in terms of size, location and the markets they serve, but all have established a corporate culture that encourages employee involvement in industry education and recognizes employees for their individual learning initiatives.

This year, LOMA has expanded the Educational Achievement Award at the recommendation of LOMA's Education and Training Council by adding to its individual company category two new categories: the regional and global company levels.

The 2005 Excellence in Education Awards, presented to 68 out of 1,200 LOMA member companies worldwide, recognize companies for their outstanding participation and performance in LOMA's professional learning programs, and continued growth in exam enrollments. With LOMA education programs now being offered in seven languages-English, Bahasa Indonesia, Chinese, Korean, French, Spanish, and Portuguese-the competition for these awards is fiercer than ever.

"The Education Award winners understand the importance of employee education in today's competitive market, and they realize that professional development is crucial to both an employee's success and an organization's bottom line," said Thomas P. Donaldson, FLMI, CLU, president and CEO of LOMA. "This is an exciting opportunity for us all to celebrate the industry's dedication to lifelong learning and professional development."

Special recognition goes to New York Life Insurance Company, United States, and American International Assurance, Hong Kong, for being the first 11-year winners of the Educational Achievement Award; and to PHILAM Life, Philippines, for being the first 11-year winner of the Excellence in Education Award.

The Educational Quality Award recognizes member companies with exemplary employee professional development programs. This year, LOMA proudly presents this award for the second time to Modern Woodmen of America, Rock Island, IL, a member company where 40 percent of its employees are FLMIs.

For a complete list of this year's educational award winners, visit the LOMA Web site, http://www.loma.org/EdAwards.asp.

Ceremonies for the award winners will be held during the LOMA 2005 Annual Conference & Conferment at the Hilton in the Walt Disney World(R) Resort in Lake Buena Vista, Fla, Sept. 18-20, http://www.loma.org/annualconference.asp.

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. For more information, visit http://www.loma.org/.

Source: LOMA

CONTACT: Svy Nekrasas, Marketing Director of LOMA, +1-770-984-3709, or
fax, +1-770-984-6418, or nekrasas@loma.org

Web site: http://www.loma.org/
http://www.loma.org/annualconference.asp
http://www.loma.org/EdAwards.asp

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Profile: financial services

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