NAILBA May Merge With Finseca
January 11, 2022 by Allison Bell
Finseca — the group formed from the merger of the Association for Advanced Life Underwriting with GAMA International — may combine with the National Association of Independent Life Brokerage Agencies.
NAILBA and Finseca announced today that their boards have voted to start the process of looking into a merger.
“This process is the culmination of significant due diligence conducted by a joint task force that included NAILBA and Finseca members and staff,” NAILBA and Finseca said today in an announcement of the merger effort agreement. “The next step in the process is to bring the joint task force work to the respective memberships.”
Jason Lea, the immediate past chair of NAILBA, said in a comment, included in the agreement announcement, combining with Finseca would give NAILBA’s community the benefits of being part of a larger organization and having a stronger voice.