Brookfield, WI - Quest CE is pleased to announce it has created a new program specifically designed to meet the National Association of Insurance Commissioners`
Press Release Summary: Quest CE's new course titled "Introduction to Suitability and the Annuity Transaction Model Regulation" was authored by Quest and is available to companies to assist them in meeting this requirement. Additionally, the course has been filed for insurance continuing education (CE) credit in all states and has received approval in the majority so agents taking the course to meet the requirement may also receive CE credit as well.
Press Release Body: Brookfield, WI - Quest CE is pleased to announce it has created a new program specifically designed to meet the National Association of Insurance Commissioners' (NAIC) Suitability in Annuity Transaction Model Regulation training requirements.
The NAIC's regulation requires that life insurance organizations that delegate the supervision of suitability to third-party distributors get annual certifications from those distributors. To date, 30 state insurance departments have adopted the NAIC regulation.
Quest CE's new course titled "Introduction to Suitability and the Annuity Transaction Model Regulation" was authored by Quest and is available to companies to assist them in meeting this requirement. Additionally, the course has been filed for insurance continuing education (CE) credit in all states and has received approval in the majority so agents taking the course to meet the requirement may also receive CE credit as well.
The new program which is being launched on November 1, 2007 will consist of an online training module, printable certificate upon successful course completion, online tracking, email reminders to agents not yet compliant with this rule, and direct reporting to the insurance organization.
According to Alan Krenke, President and CEO of Quest CE, this new service offers regulators and compliance staff with a cost effective method to ensure that agents are compliant in meeting this standard. Krenke goes on to say that Quest is happy and pleased to offer this timely solution for organizations.
Quest has also established a pricing model that appeals to every size organization from companies with less than 100 agents to organizations with thousands of agents.
Krenke states "we have looked at pricing models from other organizations offering a similar service and positioned ourselves to be the most cost effective solution in the industry."
Additionally, with Quest's industry-designed online Suitability in Annuity Transaction Model Regulation Training Program, producers complete the training and when requested, documentation is sent to carriers they represent. This approach frees producers from repeating basic training for multiple carriers.
About Quest Continuing Education Solutions Over the past 20-plus years, Quest Continuing Education Solutions (Quest CE) has built a reputation of being the premier provider of value-added insurance continuing education (Insurance CE) and other marketing solutions to help financial institutions increase awareness and sales of their products. To learn more about any of Quest CE's services, contact us at info@questce.com or by calling 877.593.3366.
Web Site: http://www.questce.com
Contact Details: 13040 W. Lisbon Rd. Suite 600 Brookfield, WI 53005 877-593-3366 262-432-0448 mkufahl@questce.com
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