Society News and Events
A message from LOMA
For many years, LOMA Societies and their members have demonstrated exceptional leadership and enthusiasm in supporting LOMA’s professional designation programs, engaging in networking opportunities, and actively making a difference in the community.
Over the last several years, however, the insurance industry and its workforce experienced numerous changes. With many organizations moving toward a hybrid work model, the continued and increasing need for technology and resources, and other challenges to ongoing Society operations, LOMA has seen a significant decline in Society membership, engagement and activity. In response to this decline, LOMA has reached the difficult decision to end their support of U.S. and Canadian LOMA Societies effective June 1, 2023. LOMA has come to this conclusion after careful consideration.
Supporting membership in the promotion and use of LOMA designation courses and other education solutions is of critical importance to LIMRA and LOMA. While they are discontinuing their relationship with the Societies, they remain committed to their member companies.
What this means to the Societies:
There will be two significant changes to the Societies. As of June 1, 2023, LOMA will no longer provide support from a meeting, training and research perspective. As of December 31, 2023, the Societies will no longer be allowed to use the LOMA brand or designation trademarks in any of their activities or materials.
LOMA thanks you for your dedication and commitment through the years. They look forward to the opportunity to work with you in the future through your member companies to promote professionalism, continuing education and career development in the insurance and financial services industry.
What is next for the LOMA Society of the GTA?
We are meeting with our board to determine next steps. We may continue under another name. We will keep you posted on our plans going forward. We have pivoted over the last few years through the pandemic, continuing to offer valuable educational and networking events virtually. And we have several events planned for this year, which will continue! Thank you to all our members that have supported us and continue to do so.