LOMA Selects CSC to Conduct Insurance Industry Exams in India

LOMA, a trade association in the international insurance and financial […]

August 13, 2008

LOMA, a trade association in the international insurance and financial services industry, has selected CSC to conduct LOMA’s industry-specific examinations in India. The offering is part of a collaborative effort between the organizations to promote insurance and financial services education in the country, and extends CSC’s longstanding relationship with LOMA in the U.S.

CSC is the only company in India selected for this purpose and will conduct the exams from its locations in Noida, Indore and Hyderabad. LOMA’s education and training programs cover current industry practices, operations and products, and are designed to enhance knowledge and attention to quality.

“We are extremely pleased to be selected by LOMA and to enhance the domain knowledge that enables our staff in India to deliver more specialized services in this industry,” said Karthikeyan Subrahmaniam, head of Global Operations for CSC’s operations in India. “We have already started getting requests from various insurance companies in India to take the exams.”

“CSC’s support of LOMA education will ensure further professionalization of the industry in India and also demonstrates the passion in CSC’s campaign to generate specific domain experts,” said Joel Basarich, vice president and managing director of LOMA’s International Division.

More than 300 CSC employees in India have taken LOMA exams and are working toward professional designations such as Fellow, Life Management Institute (FLMI); Fellow, Financial Services Institute (FFSI); Associate, Customer Service (ACS); and Professional, Customer Service (PCS). CSC has more than 500 employees in the U.S. who have already achieved LOMA Fellow or Associate status. In addition, CSC operations in India have received LOMA’s “Excellence in Education” Award for the sixth time in a row.

LOMA is committed to improving employee performance and increasing profitability for the insurance and financial services industry. Through LOMA, more than 1,200 insurance and financial services companies from more than 80 countries engage in research and educational activities to improve their operations. LOMA offers more than 100 courses in life insurance, financial services, annuities, management, reinsurance, compliance, underwriting, customer service and more.

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