Insular Life bested other life-insurance companies worldwide by earning its 15th Life Office Management (LOMA) Excellence in Education Award. The award recognizes companies that excel in developing their human resources through the use of LOMA’s professional education and learning programs.
With 15 Excellence in Education awards under its belt, Insular Life has received more awards than any other life-insurance company around the globe. Only Modern Woodmen of America and RGA Reinsurance Co., both based in the United States, have come close with 12 awards each.
LOMA is an international trade association for the insurance and financial services industry, and has been a trusted source for industry knowledge for nearly 100 years. Its globally recognized educational resources and products help drive innovation, provide reliable research and develop best practices for the industry. Its employee training and development programs are used by nearly 1,200 life-insurance companies in over 80 countries worldwide.
To be eligible for the Excellence in Education award, member-companies of LOMA must have enrolled in a minimum of 50 examinations during the previous calendar year and must achieve exceptional pass rates for LOMA examinations.
“Training and development of our people has always been a key focus of the company,” said Insular Life Chief Executive Officer Nina D. Aguas, adding that “continuous learning enables us to make a positive difference in the lives of our stakeholders.”