LAHAINA, HAWAII–The American Association of Managing General Agents said it is entering into an exclusive licensing arrangement with the Chartered Insurance Institute in London to train the association's members to do business as brokers at Lloyd's.

Bernard G. Heinze, executive director of the association, made the announcement during a press conference here at the AAMGA's 80th annual meeting.

Under the agreement, members will have access to courses that would eventually allow them to take the Lloyd's and London Market Insurance Test (LLMIT), offered by the CII, which is an education association for the insurance and financial industry in the United Kingdom.

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