Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. They price risk and they manage assets. Along the way, it became clear that there was a significant unmet need among this target [demographic], and the decision was made to expand the business nationally by building a network of independent insurance agents, AmeriLife says in its official history. At AmeriLife, our values are more than just words Perry doesnt rule it out but said that isnt the plan right now. Medicare supplement products followed. To learn more, visit our Agents & Advisors and Affiliates pages. Click here to start your journey toward becoming an AmeriLife-affiliated agent. AmeriLife unites insurance agents, financial advisors, and industry experts who alongside our leaders and corporate support staff are passionate about cultivating meaningful relations with clients. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. AmeriLife provide insurance and retirement solutions to enhance the lives of pre-retirees and retirees. For more information, visitAmeriLife.com, and follow AmeriLife onFacebookandLinkedIn. AmeriLife expands to seven offices throughout Florida. Any information we provide is limited to those plans we do offer in your area. "We look forward to our continued partnership, and we welcome our partners at Genstar, whose investment will help accelerate AmeriLife's next stage of growth and development.". Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. In 2021, nearly 5 million Americans were advised on and delivered the financial solutions they need through AmeriLifes vast, nationwide distribution. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. Youve got to have people and youve got to have a capability that meets what we're trying to deliver and that's to be a platform that serves the life and retirement needs, and those nearing retirement, really address those things that people are worried about.. AmeriLife's mission statement is "To provide insurance and retirement solutions to help people live longer, healthier lives.". and fortified its vast and powerful distribution network for years to come. Contact Email socialmedia@amerilife.com. This copy is for your personal, non-commercial use only. To learn more, visit our Wholesale Brokerage and Institutional Wealth Management, Broker-Dealer & RIA pages. "We are excited to welcome Senior Resource Group, as well as Senior Family Services and Right Choice, to the AmeriLife family," said Scott R. Perry, AmeriLife Chairman and CEO. AmeriLife is a national leader in developing, marketing and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees. This copy is for your personal, non-commercial use only. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Most recently a director at Willis Towers Watson, Coleman led business and product development, actuarial support and distribution strategy for the fixed, indexed and variable annuity markets. And our network continues to grow at a rapid pace, with. Does AmeriLife offer retirement services beyond conventional planning? Celebrating Our Stars. AmeriLife enters the life insurance space, acquires Agent Support Group Inc. J.C. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at. Operating Status Active. AmeriLife may also be known as or be related to AmeriLife, AmeriLife Group, AmeriLife Group, LLC, Amerilife Group Llc and Amerilife Group, LLC. The Firm's domain expertise and resources help to build great companies with an aim to accelerate growth, improve operations and drive long-term sustainable value. Hopefully, we make their lives easier and make them more efficient at what they do.. Institutional Wealth Management, Broker-Dealer & RIA pages. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. "This partnership gives us access to the tools and training that will allow us to expand our multi-cultural distribution platform and reach more clients.". He has crafted an organization that focuses on specialty markets, which include military, federal and state government employees, while overseeing the distribution of insurance and annuity products. AmeriLife enters the annuity brokerage space, establishes National Brokerage Division. But Perry sees AmeriLifes venerable carrier partners, such as Transamerica and Nationwide, as crucial to their business model. AmeriLife is a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions to protect the health and retirement needs of consumers. We do not offer every plan available in your area. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. To provide insurance and retirement solutions to help people live longer, healthier lives. Claiming and updating your company profile on Zippia is free and easy. At AmeriLife, we strive to exemplify our core. We've detected you are on Internet Explorer. Life insurance still needs an agent to sell the benefits, however once the customer has decided to purchase coverage, the Fintechs look to make things quick and seamless in a digital world, where possible, so the customer is empowered to complete the application process. Today, AmeriLife operates nationwide, employs more than 2,000 full-time employees, oversees $9 billion in annual premiums, has $8 billion in assets under management and generates $500 million in annual revenues. Evercore served as financial advisor to AmeriLife on the transaction. Providing insurance and financial advisors to help people live longer, healthier lives AmeriLife | Clearwater FL Please use the form below to get in touch with us and Interested in a career with AmeriLife? Were excited for the possibility to serve you. In doing so, AmeriLife has become recognized as the leader in . This strategic acquisition further expands AmeriLife's ability to offer turnkey solutions across all product lines, to carriers of all sizes, and with world-class technology solutions. A little over a year later, AmeriLife then added TruChoice in a huge deal. Today, Senior Resource Group is a premier field marketing organization for an array of national insurance carriers providing Medicare Supplement policies, Medicare Advantage plans, life insurance, final expanse plans and financial products in 25 states. AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. About AmeriLife. Is your client emotionally ready for retirement? Who do I contact? One of the things that we first and foremost look for his talent. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization, Auto-generated name of transaction (e.g. wewill respond within 24 hours. How does someone become an AmeriLife career agent? Any information we provide is limited to those plans we do offer in your area. AmeriLife's third-party administrative capabilities include everything from agent contracting, policyholder support and billing / collections to new business processing, underwriting, claims processing, commission payments and call center support. and certain THL limited partners. Founded Date 1971. InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. Yes, we offer a range of fee-based asset management services and solutions. A lioness in the industry With Angie Ribuffo, Find out how you can submit We cant wait to speak with you! Institutional Wealth Management, Broker-Dealer & RIA, Product design and pricing (proprietary and non-proprietary), Marketing services and lead generation support, Centralized protocols for complaint resolution, Turnkey solutions across multiple product lines, Print, mail and other administrative services. Pearson will continue to lead American Benefits Exchange as President, while also serving as a principal and member of the AmeriLife Life & Health Brokerage Distribution division. "We've maintained a strong strategic relationship with A-CAP over the years and are excited to start this next chapter with SAS as a part of our third-party administrator family of companies. J.C. About A-CAPA-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. across the life and health insurance, and annuities and retirement planning space. Since 2018, AmeriLifes Premier Carrier Partnership Program has celebrated some of its most long-standing and innovative carrier relationships, and served as a platform to deepen those partnerships. AmeriLife entered 2023 claiming to be the largest Insurance Marketing Organization (IMO) in the US dedicated to offering insurance and retirement solutions.. For more information, visit www.acap.com. With a deep understanding of civil service employees needs, the American Benefits Exchange team offers a comprehensive portfolio of products to address important financial issues. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The AmeriLife-TruChoice impact was felt at Integrity Marketing Group offices in Dallas, Texas and in New Jersey, where Simplicity Group is headquartered, as well as a few other places. Voracious IMOs are disrupting traditional delivery of life insurance and . The merging of these entities will leverage operational collaboration across these groups. With 16 years of leadership in the insurance and business operations fields, Boudrero has successfully overseen operations for health, life, and annuity lines of business. Research Summary. About AmeriLifeAmeriLife is a national leader in developing, marketing and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees. AmeriLife, 2023 Private equity firm J.C. The team at Senior Resource Group provides the tools, support and training necessary for success in the insurance industry. For 2022, were proud to recognize the below carriers for their commitment to our shared values and the customers we serve. American Benefits Exchange specializes in providing insurance solutions to federal, postal and state employees, as well as members of the United States Armed Forces and small businesses. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. Combined with Genstar's deep expertise in financial services, software and healthcare, and our collective commitment to delivering the data, tools and technology necessary to compete and win in today's marketplace, we see huge opportunity for AmeriLife and its partners. Since 1974, THL has raised more than $34 billion of equity capital, invested in over 160 companies and completed more than 500 add-on acquisitions representing an aggregate enterprise value at. Since 1974, THL has raised more than$34 billionof equity capital, invested in over 160 companies and completed more than 500 add-on acquisitions representing an aggregate enterprise value at acquisition of over$210 billion. Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at pnichols@amerilife.com to get started. It was an odd interview. AmeriLife has partnered with the nations leading, insurance carriers to provide value and quality, Over 300,000 insurance agents and advisors. Terms of the transactions were not disclosed. https://www.barrons.com/articles/j-c-flowers-sells-insurer-amerilife-to-private-equity-group-for-more-than-1-billion-51578436367. Institutional Wealth Management, Broker-Dealer & RIA. To learn more about the products and solutions we distribute, and to connect with an agent in your area, visit our Consumers page. About Senior Family ServicesSenior Family Services is a Philadelphia-based independent insurance agency that has become a regional leader in providing the best possible insurance solutions for older Americans and Medicare recipients. Cision Distribution 888-776-0942 The most common ethnicity at AmeriLife is White (60%). Second is strategic capabilities, Perry said during a recent industry conference. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. When typing in this field, a list of search results will appear and be automatically updated as you type. Flowers, the private-equity firm run by investor J. Christopher Flowers, is the seller. When typing in this field, a list of search results will appear and be automatically updated as you type. The most common ethnicity at AmeriLife is White (60%). American Benefits Exchange specializes in providing insurance solutions to federal, postal . Private equity firm Genstar Capital makes a strategic investment in AmeriLife, joining Thomas H. Lee Partners as an equal investor. Have you worked at AmeriLife? Welcome to AmeriLife! Visit our Employees page for more on our company and to browse corporate professional opportunities. SRG represents the next generation of insurance agencies with a focus on technology, cultural diversity, and best-in-class sales training and virtual tools. "We have followed the tremendous progress of Scott and his team since we first met in 2016. IRI announces 2023 Retirement Security Blueprint, Less than half of US workers are aware of the IRS tax credit for eligible retirement savers, March will bring bear-market risks for US stocks, Morgan Stanley says. Headquarters Regions Tampa Bay Area, East Coast, Southern US. Jeff MaldonadoAmeriLife[emailprotected]+1-321-297-1112, Chris TofalliGenstar Capital[emailprotected]+1-914-834-4334, Tim QuinnThomas H. Lee Partners, L.P.[emailprotected]+1-646-258-2308, Cision Distribution 888-776-0942 Its easy! Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Please use the form below to get in touch with us and For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a national distribution network of over 300,000 insurance agents and advisors, more than 50 marketing organizations, and 50 insurance agency locations. Phone Number (800) 458-7112. Interested in a career with AmeriLife? Third-Party Administration (TPA) services built on industry-leading technology and delivered at scale to allow carriers to focus on building their businesses. View contacts for AmeriLife to access new leads and connect with decision-makers. The process took 1 week. These collaborations result in an integrated organizational model, benefiting both parties with shared access to the necessary resources to sustain growth, as well as the expansion of distribution capabilities, reaching a larger audience and marketplace. Today, carriers need more than just a good distributor. Were biased, but we think its a pretty great place, too. In 2021, nearly 5 million Americans were advised on and delivered the financial solutions they need through AmeriLifes vast, nationwide distribution. I know what we can do really well, which is distribute products and drive efficiency across that value chain. 15% of AmeriLife employees are Black or African American. Clearwater, Fla. - November 18, 2020 AmeriLife Group, LLC ("AmeriLife"), the national leader in marketing and distributing life, health and retirement solutions, announced today it has acquired American Benefits Exchange, based in Austin, Texas. 116 were here. It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. Voracious IMOs are disrupting traditional delivery of life insurance and annuities. These businesses include primary insurance carriers (Atlantic Coast Life Insurance Company and Sentinel Security Life Insurance Company), an SEC registered investment adviser, reinsurance vehicles, and marketing organizations.
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