Two major financial services organizations could unite by Jan. 1, 2008.
The boards of LIMRA International, Windsor, Conn., and LOMA, Atlanta, have agreed to proceed with efforts to form LL Global Inc., Windsor, Conn., an umbrella organization that would provide a “unified management structure” for both groups.
LIMRA, a market research consortium, would focus on research projects, and LOMA, which now conducts some research as well as running educational programs, would focus on running the educational programs.
All 800 LIMRA members and all 1,200 LOMA members would become LL Global members.
Robert Kerzner, president of LIMRA, would be the chief executive of LL Global.