LIBRA Insurance Partners to merge with Insurance Designers of America.

LIBRA Insurance Partners, an insurance marketing organization, agreed to merge with Insurance Designers of America, an insurance marketing organization. Financial terms were not disclosed. "We recognize that during a time of mass BGA transactions and industry-wide consolidations, only those with the ability to scale, innovate and evolve will remain relevant and thrive throughout consistently-changing market conditions. This merger uniquely positions LIBRA as a leader in the IMO community, both in size and influence, and through our combined teams and collective value-driven service models, proprietary tools, and leading resources, positions us as the premier partner for agencies, carriers, financial advisors and consumers now and into the future. LIBRA is the home for any BGA that values independence," William Shelow, LIBRA President and CEO.