LOMA_logo


The Level 1 Certificate's two courses count as credit toward many of LOMA's prestigious professional designation programs, including the Associate, Life Management Institute (ALMI) designation and the Fellow, Life Management Institute (FLMI) designation.
Learners must complete two required courses to earn the Level 1 Certificate:

LOMA 280 : Principles of Insurance
LOMA 290 : Insurance Company Operations

Information about this course:
Topics:
  • Basic Principles of Insurance
  • Insurance and Annuity Products
  • Policy Provisions and Ownership Rights
  • Insurance Company Organization and Governance
  • Insurance Company Operations
profile image

Mr. Hoummam Tabbaa,ACII, MBA, BSc (Pharm)

Associate Trainer

Interact with the tutor

150 hours of Guided Learning Hours through Virtual Live Classes

Weekly Schedule

Over 150 end of topic practice quizzes

Case studies and assignments

Grade Book

Boot Camp (Live virtual session)

Private Study

Interactive online lessons

Short videos explaining key concepts

Online viewing of powerpoint presentations

Practice exam with feedback

Links to further learning resources

Live class recordings

Mobile app

Group Dynamics

Discussion fora

Messaging

Group work

Profile sharing

Customer help line

Whatsapp group

LOMA registration (to be billed separately)

LOMA Digital learning materials

Access to LOMA Learn Portal

In-house LOMA exam schedule

AED 3300 + 5% VAT. LOMA fees to be billed seperately.

This bundle offer includes:

LOMA 301 : Insurance Administration
LOMA 307 : Business and Financial Concepts for Insurance Professionals
LOMA 320 : Insurance Marketing

Information about this course:
LOMA 301
  • Overview of Insurance Administration
  • New Business Process and Underwriting Principles
  • Legal Aspects of Underwriting
  • Underwriting Individual Life Insurance: Assessing Mortality Risk
  • Underwriting Individual Life Insurance: Financial Underwriting and Risk Classification
  • Niche Policies, Business Life Insurance, Replacements and Supplemental Benefits
  • Underwriting Group Life Insurance
  • Overview of Claim Administration
  • Administering Life Insurance Claims
  • Reinsurance Overview
  • Reinsurance Administration
  • Effective Customer Service
  • Customer Service Practices


LOMA 307

  • The Role of Insurance in the Economy
  • Insurance Company Management
  • Managing Solvency and Profitability
  • Product Design and the Time Value of Money
  • Achieving Operational Efficiency
  • How the Economy Affects Insurance Companies
  • Financial Reports and Plans
  • Understanding Financial Ratios
  • Presenting Data Visually
  • Analyzing Population Data
  • Analyzing Sample Data

LOMA 320
  • An Introduction to Marketing
  • How Companies Manage Marketing
  • Market Segmentation and Target Marketing
  • Marketing Information and Research
  • Customer Behavior and Customer Relationship Marketing
  • Basic Product Concepts
  • Pricing Insurance Products: A Marketing Perspective
  • Distribution Systems and Strategies
  • Marketing Communications: Engaging the Customer
  • Promotion Tools
  • Regulation of Life and Health Insurance Marketing
profile image

Mr. Hoummam Tabbaa,ACII, MBA, BSc (Pharm)

Associate Trainer

Interact with the tutor

150 hours of Guided Learning Hours through Virtual Live Classes

Weekly Schedule

Over 150 end of topic practice quizzes

Case studies and assignments

Grade Book

Boot Camp (Live virtual session)

Private Study

Interactive online lessons

Short videos explaining key concepts

Online viewing of powerpoint presentations

Practice exam with feedback

Links to further learning resources

Live class recordings

Mobile app

Group Dynamics

Discussion fora

Messaging

Group work

Profile sharing

Customer help line

Whatsapp group

LOMA registration (to be billed separately)

LOMA Digital learning materials

Access to LOMA Learn Portal

In-house LOMA exam schedule

AED 7345 + 5% VAT. LOMA fees to be billed seperately.

The Associate, Life Management Institute™ (ALMI®) designation is widely recognized as more than a stop on the journey to the FLMI—it is a milestone in and of itself.  The designation is a globally recognized educational standard that indicates that those who have earned it understand the core products and operations of life insurance companies and comprehend the financial concepts that all insurance professionals frequently encounter. 

Learners must complete five required courses to earn the ALMI designation.

LOMA 280 : Principles of Insurance
LOMA 290 : Insurance Company Operations
LOMA 301 : Insurance Administration
LOMA 307 : Business and Financial Concepts for Insurance Professionals
LOMA 320 : Insurance Marketing

Download Schedule

Information about this course:
Topics:
  • Finance and Accounting
  • Life Insurance
  • Marketing and Business Acquisition
  • Onboarding
  • Operations and Administration
profile image

Mr. Hoummam Tabbaa,ACII, MBA, BSc (Pharm)

Associate Trainer

Interact with the tutor

150 hours of Guided Learning Hours through Virtual Live Classes

Weekly Schedule

Over 150 end of topic practice quizzes

Case studies and assignments

Grade Book

Boot Camp (Live virtual session)

Private Study

Interactive online lessons

Short videos explaining key concepts

Online viewing of powerpoint presentations

Practice exam with feedback

Links to further learning resources

Live class recordings

Mobile app

Group Dynamics

Discussion fora

Messaging

Group work

Profile sharing

Customer help line

Whatsapp group

LOMA registration (to be billed separately)

LOMA Digital learning materials

Access to LOMA Learn Portal

In-house LOMA exam schedule

AED 9999 + 5% VAT. LOMA fees to be billed seperately.