NU Online News Service, MAY 18, 3:12 p.m. EDT
ORLANDO, FLA.--The struggling economy will spur mergers and crimp insurers' profits in the short term, but down the road it offers them opportunities to achieve efficiencies and greater growth, the head of the Life Office Management Association said.
"The world has changed pretty dramatically since we met at this time last year," noted Robert Kerzner, president and chief executive officer of both LOMA and the Life Insurance Marketing and Research Association during his speech here at the ACORD LOMA Insurance Systems Forum.
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