TBG & IIIF team up to provide Indonesian Insurance Regulatory Body Online Insurance Training.

June 29th, 2005 Hyderabad - The Boston Group, a leading provider of IT Solutions & Services along with its local Partner MIK today announced that it has entered into an agreement with Indonesian Life Insurance Association (AAJI) to develop and deploy Indonesia’s first online training program in Life Insurance.

AAJI is Indonesia’s apex regulatory body for Life Insurance & TBG as a part of its understanding with AAJI will develop localized online content suited to Indonesia’s Life Insurance market but also will implement the technology platform to deliver and manage the online training model. The entire content development work will be executed from TBG’s Hyderabad ODC. MIK does the localisation of the entire content in Bhasa language. This online training initiative is expected to impact more than 50,000 users over the next two years which will include employees from almost 35 Banks.

TBG has teamed up with Hyderabad Based International Institute of Insurance & Finance, a premier institute for post graduate studies in Insurance & Risk Management to provide subject matter inputs for the online training curriculum of AAJI.

“We at TBG are delighted at this opportunity to partner with AAJI in its paradigm shift towards embracing an online model for delivering life insurance training to users in Indonesia. TBG’s Intralearn LMS was an ideal product to fuel this online delivery model. The online delivery mode will help AAJI to effectively monitor in real time the progress made and the compliance status of thousands of users of this program, an absolute necessity in today's dynamic environment in the insurance market." said Mr. Subu Kota, CEO, The Boston Group

“It was important for AAJI to be able to reach out to thousands of existing & aspiring agents and bank employees with well researched, engaging and contemporary online content on Life Insurance and to be able to manage and deliver courses from a technology platform that was scalable and secure. IIIF is ideally placed to provide critical subject matter inputs given its huge knowledge pool & resources in the insurance training sector. IIIF effectively complements the technology and content development capabilities of TBG ” said Mr Appa Rao Machiraju, Director,IIIF.

About IIIF

The International Institute for Insurance and Finance (IIIF) premier institute based out of Hyderabad established to develop high caliber young professionals who can play a crucial role in the ongoing development of the insurance industry. IIIF has academic collaboration arrangements with the US-based Georgia State University and the Hyderabad-based Osmania University.

For more information, logon www.thebostongroup.com or contact mohankrishna@thebostongroup.com

About The Boston Group

The Boston Group (TBG) is IT Consulting, Services & Products Company. Founded in 1988 in Northborough, Massachusetts, TBG started out with a core business of providing software consulting and IT services to Fortune 1000 and mid-market clients. TBG today has a presence in six countries and serves clients in a broad range of industries, including pharmaceutical, financial, insurance, manufacturing, higher-ed, banking, and retail.

Over the years, the consistent hallmarks of TBG have been: quality of service, an intimate knowledge of a broad range of technologies, a delivery methodology for low-cost rapid implementation, and a team of highly-skilled professionals with expertise in numerous vertical industries.

For more information, logon www.thebostongroup.com or contact info@thebostongroup.com