Los Angeles, March 28, 2006 – Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, initiated a strategic partnership today with LIMRA International. Under the partnership, Korn/Ferry receives LIMRA’s endorsement as a preferred provider, paving the road for the development of relationships with LIMRA’s existing membership of 800 insurance and financial services companies in 60 countries.

“With the war for talent being exacerbated by a rapidly aging population, it is becoming an imperative for today’s successful organizations to identify and develop top talent,” said Gary Hourihan, president of Korn/Ferry’s Leadership Development Solutions group. “Not only is professional development good for the bottom line, it also improves employee satisfaction and overall retention.” 

Korn/Ferry coaching consultants work in a variety of situations, including succession planning, mergers and acquisitions, assisting in cultural change or simply getting new executives up to speed more quickly and effectively. The process can also be highly effective in solving performance problems for both individuals and teams.

“Identifying and preparing the next generation of leaders through succession planning is an important priority for LIMRA’s member companies,” said Bob Kerzner, LIMRA’s president and CEO. “With its proven expertise and global footprint in executive development, Korn/Ferry is a perfect match for the needs of our members throughout the world.”
 
In addition to its agreement with Korn/Ferry, LIMRA has strategic partnerships with leading organizations in research, consulting, technology, customer relationship management, sales training and performance, compliance, education and communication.

Through strategic partnerships, LIMRA offers member companies the best available services to supplement the benefits and services they receive directly from LIMRA to maximize their marketing and distribution performance.

About LIMRA International
LIMRA International is a worldwide research, consulting and performance improvement organization that helps more than 800 insurance and financial services companies in 60 countries increase their marketing and distribution effectiveness. Visit LIMRA International at www.limra.com.

About Korn/Ferry International
Korn/Ferry International, with 70 offices in 40 countries, is the premier global provider of executive search, outsourced recruiting and leadership development solutions. Based in Los Angeles, the firm partners with clients worldwide to deliver unparalleled senior-level search, management assessment, coaching and development and recruitment outsourcing services through its Futurestep subsidiary.

Media Contact:  

Michael Distefano
310-843-4199
michael.distefano@kornferry.com