LIMRA/LOMA and Asosiasi Asuransi Jiwa Indonesia (AAJI) Announce Continuing Professional Development Program For Agents in Indonesia
Kuala Lumpur, Malaysia, July 06, 2009-Robert
Kerzner, president and CEO of LOMA, LIMRA and LL Global, and David
Beynon, vice chairman of Asosiasi Asuransi Jiwa Indonesia (AAJI),
have signed an agreement to jointly develop a continuing
professional development (CPD) program for life insurance agents in
"I have always said that an educated, professional field force
is a more effective field force," said Robert Kerzner. "We are
honored to have the opportunity to work with the AAJI to provide
the vital skills and knowledge to agents throughout Indonesia that
will help them become more successful."
Currently, Indonesia does not have a CPD program for its
agents. Beginning January 2010, all licensed agents in
Indonesia will be required to take nine continuing education credit
hours in order to remain active. In 2011 and 2012, this
requirement will expand to 12 and 15 hours respectively.
The partnership between LIMRA/LOMA and AAJI will provide the
curriculum and structure to offer the appropriate course work to
agents consistent with the requirements of the Ministry of Finance,
Indonesia's regulating body.
"The introduction of Continuous Professional Development for
Agents in Indonesia is an enormous step and is a real testament to
the industry's commitment to raise professional standards," said
David Beynon. "We are delighted to have reached an agreement with
LIMRA/LOMA to be the solution partner in this important
development. LIMRA/LOMA's reputation as truly high quality
institutions and their thoroughness and dedication to delivery,
will ensure the success of this important development."
The program, scheduled to be launched in January 2010, will be a
combination of e-learning and classroom courses designed to give
agents education and knowledge in life insurance practices and
regulations of Indonesia. All courses will be delivered in
Howard S. Drescher, 860-285-7875, email@example.comCatherine
Theroux, 860-285-7787, firstname.lastname@example.org.
LIMRA is a worldwide research, consulting and professional
development organization that helps more than 850 insurance and
financial services companies in 73 countries increase their
marketing and distribution effectiveness. Visit LIMRA at www.limra.com.
LOMA was founded in 1924, LOMA is an international association
through which more than 1,200 insurance and financial services
companies from over 80 countries engage in research and educational
activities to improve company operations. www.loma.org About
Asosiasi Asuransi Jiwa Indonesia (AAJI) Asosiasi Asuransi Jiwa
Indonesia (AAJI), founded in 2002, is a life insurance trade
association, which provides consulting and business development
services for 46 life insurance companies and four reinsurance
companies in Indonesia. AAJI specializes in helping its members
identify the requirements to successfully implement agency