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New York Life Provides Enhanced Online Learning Tools for Agents Through Partnership with ETS/financial campus

NEW YORK, N.Y., May 30, 2002 — This new curriculum will be integrated into NYLIC University Online, the official web-based education and training program for New York Life's national network of 10,200 licensed agents. Some of the upgrades and benefits of this new system include:

  • Continuously updated courses to ensure all users are utilizing the current version;
  • Online testing;
  • Ability for managers and users to monitor progress through the NYLIC University curricula;
  • Guide for agents on each state's continuing education rules and regulations; and
  • Courses applicable to each state?s continuing education requirements.

"This partnership is another example of New York Life's commitment to excellence by providing our agents with state-of-the-art training tools so they can better serve their clients' needs," said Phillip J. Hildebrand, executive vice president of New York Life and chief distribution officer. "We are delighted to partner with a company with such a strong track record in training professionals in the insurance field as well as in other areas of financial services. We know our agents and policyholders will benefit."

NYLIC University Online, accessible to all New York Life agents, is one component of NYLIC University's comprehensive offerings. Since 1995, NYLIC University has provided agents at all stages of their careers with a wide array of learning opportunities, through distance learning methods, CD-ROMs, and classroom-style training. Each training opportunity is designed to aid agents build their careers and provide exceptional service to their clients.

"It is exciting to work with a market leader such as New York Life that is constantly looking for ways to improve upon its training programs," said Dennis Doyle, president and founder of ETS/financial campus. "We are proud to help New York Life enhance the learning opportunities it offers to its already highly skilled agents."

Mr. Hildebrand added, "Training is a major component of New York Life's winning strategy for our career agency system and our track record has been exceptional. We've led the industry in agents qualifying for the Million Dollar Roundtable for 47 consecutive years."

ETS/financial campus has been providing continuing education to the financial services industry for 31 years. They currently have over 18,000 nationally recognized online continuing education hours approved by regulatory authorities. In addition, ETS/financial campus has over 35,000 hours of business support courses in areas such as professional development, pre-licensing study, human resources, soft skills, and management support. They can be reached at http://www.financial campus.com.

New York Life Insurance Company, a Fortune 100 company, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. Founded in 1845 and headquartered in New York City, New York Life and its affiliates offer life insurance, annuities and long-term care insurance. New York Life Investment Management, LLC, a New York Life affiliate, provides institutional asset management, retirement plan and trust services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

Contacts:

Lisa Fels
New York Life
(212) 576-7937

Jay Gregory
ETS/financial campus
(800) 392-6387x48

Mike Holloway
Edelman Public Relations
(212) 704-4532

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New York Life Provides Enhanced Online Learning Tools for Agents Through Partnership with ETS/financial campus

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