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Michael Doughty to Lead LIMRA's Parent

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Michael Doughty will be the chairman of LL Global Inc. in 2018, the group says.

The Windsor, Connecticut-based nonprofit is the parent of LIMRA and the Life Office Management Association (LOMA).

LIMRA is a life and annuity industry market research organization.

LOMA runs research and educational programs aimed at improving life insurance and financial services company operations. It oversees the Fellow, Life Management Institute, professional designation program.

(Related: LIMRA And LOMA Unite)

LL Global, the nonprofit parent organization, generated about $49 million in revenue in 2015, according to the Charity Navigator website.

LL Global’s incoming leader, Doughty, is the president of Manulife Canada. He’s also the president of Manulife’s Boston-bostoned John Hancock Life Insurance Company (U.S.A.) unit.

The outgoing LL Global chairman is Rino D’Onofrio, the president of RBC Life Insurance Company.

Brandon Carter, the chairman of USAA Life Insurance Company, will be LL Global’s 2018 vice chair, and the group’s 2019 chairman-elect.

The LL Global board also added seven new board members: Christopher Carlson, Michael Concannon, William Gaumond, Alison Reed, Doyle Williams, Brian Winikoff and Ke Zhang.

— Read Video: Celebrating 100 years of LIMRA on ThinkAdvisor.

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