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LIMRA, LOMA Merger Approved 

 
Published 2/1/2008   » More From This Issue

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Member companies of LIMRA International and LOMA have voted overwhelmingly in favor of the proposal to unite two of the world’s largest insurance and financial services trade organizations. The merger became effective on Jan. 1, 2008.

The final tallies were unanimous on the LIMRA side and very nearly so for LOMA.

LIMRA and LOMA will come together under the umbrella of LL Global Inc., which will provide a unified management structure headed by Robert A. Kerzner. LIMRA and LOMA will remain in the forefront as distinct entities and operations. LOMA will continue to operate from its Atlanta office. LL Global will be incorporated in Connecticut and based in Windsor. Every member of LIMRA and LOMA will also become a member of LL Global.

Susan Waring, executive vice president and chief administrative officer at State Farm Life Insurance Co. and vice president of State Farm Health will serve as chair of the board of directors of LL Global. In addition, Thomas P. Donaldson has agreed to support Waring by serving as chair of the executive committee of the LL Global board until his retirement Dec. 31, 2008. Kerzner has also named a new senior management team from both organizations to work with him.

In the new structure, LIMRA will continue to conduct research and bench­­marking to provide members with the information and insight they need to make informed decisions about products, marketing, and distribution. LOMA will continue to offer a wealth of outstanding education programs to develop member companies’ human capital. Together, the organizations will be able to leverage the industry’s investment in LOMA’s e-learning platform to expand LIMRA’s and LOMA’s global training programs.

LIMRA and LOMA announced their intention to join forces in November 2006.



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