Two major insurance organizations say they are making their already-close relationship more formal.
LIMRA, a life and health market research consortium based in Windsor, Conn., and the Society of Actuaries (SOA), a Schaumburg, Ill.-based group for pension, life and health actuaries, have formed a policyholder behavior research partnership.
The organizations have been working together on specific research projects since 1995.
This year, for example, the groups collaborated on a long-term care insurance (LTCI) experience project.