Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

LIMRA May Merge With LOMA

X
Your article was successfully shared with the contacts you provided.

The leaders of 2 major insurance research groups have started talking about combining their organizations.

LIMRA International, Windsor, Conn., and LOMA, Atlanta, could take as long as a year to discuss and execute a merger, according to LIMRA President Robert Kerzner and LOMA President Thomas Donaldson.

A merger would make sense because LOMA and LIMRA offer complementary services, and teaming up could create a bigger, stronger, more efficient organization, Kerzner and Donaldson say.

LIMRA, which has 800 members companies, conducts research and provides consulting services related to distribution and marketing of life insurance and related products.

LOMA has 1,200 member companies. It runs research programs and educational programs focusing on improving the operations of life insurers and other financial services companies.

LIMRA and LOMA already co-sponsor many insurance industry conferences, group executives say.

“These are great organizations with powerful brand equity, highly respected for our expertise in the areas we serve,” Kerzner says in a statement about the merger talks. “We very much intend to preserve the brand and identity of each as we investigate the best way to combine.”


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.