I know what carriers do really well, said Perry, former executive at CNO Financial and Bankers Life. from 8 AM - 9 PM ET. 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. 116 were here. View Guidelines. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Were excited for the possibility to serve you. Feature papers represent the most advanced research with significant potential for high impact in the field. Headquarters Regions Tampa Bay Area, East Coast, Southern US. Yes, we offer a range of fee-based asset management services and solutions. The transaction is valued at over $1 billion, two people familiar with the deal said. Matthew brings in-depth actuarial experience, which will help accelerate this process and help us stay in front of evolving trends in the annuity market.. Genstar will join AmeriLife's current private equity investor, Thomas H. Lee Partners, L.P.("THL"), as an equal investor. View contacts for AmeriLife to access new leads and connect with decision-makers. AmeriLife acquired by Thomas H. Lee Partners, Name of the organization that made the acquisition, Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Institutional Wealth Management, Broker-Dealer & RIA. Cision Distribution 888-776-0942 She also brings experience in supporting the development and successful launch of new annuity products. from 8 AM - 9 PM ET. 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. Get breaking news, exclusive stories, and money- making insights straight into your inbox. It was an odd interview. InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. Based inSan Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. AmeriLife enters the life insurance space, acquires Agent Support Group Inc. J.C. Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Under Perry, AmeriLife earnings have more than doubled, and the company has ambitious plans to double it again in the next three to five years. Business Profile Ameri-Life Marketing Group, LLC Marketing Programs Contact Information 2650 McCormick Dr Clearwater, FL 33759-1005 Get Directions Visit Website (800) 531-1411 File a Complaint. By putting its mission into practice, AmeriLife has become recognized as 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 establishes AmeriLife Marketing Group (AMG). We do not offer every plan available in your area. Its easy! https://www.barrons.com/articles/j-c-flowers-sells-insurer-amerilife-to-private-equity-group-for-more-than-1-billion-51578436367. Evercore served as financial advisor to AmeriLife on the transaction. "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.". The company employs more than 1,800 associates across the country, serving a growing population of more than 300,000 licensed agents and advisors in over 90 offices who, in turn, help enhance the health and financial wellbeing of more than 5 million pre-retirees and retirees. There are a number of paths that we could go. The company began offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings. However, if required, an agent is always there to assist , from our interview with Legal & General Americas president and CEO Mark Holweger, on the emergence of Fintech and the digital sale of life insurance, Advertise with Us | 508-641-2418 | [email protected] | Privacy | 2023 JonHope Publishing Company, Inc. | Find us on Facebook Twitter LinkedIn, Boston-Area Website Design by BKJ Productions, New Products From Lincoln Financial Provide Greater Protection For Loved Ones And Retirement, Pandemic Changes Employees Attitudes & Behaviors Toward Insurance, Luminar Partners With Swiss Re; Launches Insurance Program, The Standard Partners With Black Insurance Industry Collective, Orion Launches Advisor Academy, A Free On-Demand Learning Platform For Fiduciary Advisors, New Online Tool Helps Older Adults Manage Their Finances, Griffin Distribution Partners Joins LIBRA Insurance Partners, MetLife Investment Management To Acquire Alternative Investment Firm Raven Capital Management, NewEdge Advisors Launches W2 Model That Prioritizes The Advisor-Client Relationship, WeBuy75.com Launches Advanced Life Expectancy Calculator For Life Insurance Industry, AllianzIMs Suite Of ETFs Exceeds $1 Billion In Assets, New Enhancements To Leading Instant Decision Term Product. Today, carriers need more than just a good distributor. The deal included Inforce Solutions. wewill respond within 24 hours. AmeriLifes management also is investing. 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. With broad knowledge across the insurance and investment sectors, A-CAP's management team has diverse experience and provides comprehensive services to policyholders, insurance company clients and capital partners. for more on our company and to browse corporate professional opportunities. Is your client emotionally ready for retirement? John may be reached at [emailprotected] Follow him on Twitter @INNJohnH. Not affiliated with the U. S. government or federal Medicare program. values in each and every interaction we have. Celebrating Our Stars. Headquartered in Clearwater, Fla., but doing business nationally, AmeriLife sees opportunity in the annuity space, said Patrick Fleming, executive vice president of product innovation and corporate actuary for the company. When typing in this field, a list of search results will appear and be automatically updated as you type. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. "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.". To learn more, visit our Agents & Advisors and Affiliates pages. Research Summary. 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. About Right Choice Right Choice is a field marketing insurance brokerage firm based in Atlantic City, N.J. That kind of return on investment is necessary for AmeriLife now that it is in the hands of private equity firms. They need a partner with a legacy of multi-product innovation, commitment to collaboration, and focus on delivering enhanced value to its distribution and, ultimately, consumers. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. At AmeriLife, our values are more than just words The data presented on this page does not represent the view of AmeriLife and its employees or that of Zippia. AmeriLife, 2023 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. Seasoned insurance industry leader focused on serving Life & Annuity and Group insurance segments. Contact Email [email protected]. For 2022, were proud to recognize the below carriers for their commitment to our shared values and the customers we serve. wewill respond within 24 hours. Please use the form below to get in touch with us and Help other job seekers by rating AmeriLife. About Senior Resource Group Senior Resource Group was founded in 2008 by insurance brokers who understand the needs of agents in the field. Hopefully, we make their lives easier and make them more efficient at what they do.. ", "Over the past two years, AmeriLife has emerged as one of the premier distributors of health and financial solutionsin the United States," added Ganesh Rao, managing director and head of the Financial Technology and Services Group at THL. As one of the leading independent marketing organizations and registered investment advisors in the United States, AmeriLife is proud to be called a trusted partner by the industrys leading carriers, FMOs, and insurance and financial experts. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. But Perry sees AmeriLifes venerable carrier partners, such as Transamerica and Nationwide, as crucial to their business model. "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. To learn more about partnering with AmeriLife, contact us here. Launched in 2013, A-CAP is a privately held company with offices located in New York, Charleston, Chicago, Salt Lake City and Omaha. Welcome to AmeriLife! We cant wait to speak with you! Cannae Holdings A big part of AmeriLifes growth strategy is expanding its presence in the annuities and fully underwritten life space, Fleming explained. We cant wait to speak with you! The acquisitions helped us accelerate some of our processes [and] it's helped us add talent, helped us add capabilities faster than if we would have built it organically. To learn more, Were biased, but we think its a pretty great place, too. Aligned with AmeriLife's resources and industry expertise, the "new SRG" is positioned to be a market leader for years to come as a part ofAmeriLife's Life & Health Brokerage Distribution division. Not affiliated with the U. S. government or federal Medicare program. About AmeriLife AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. 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. Diverse experience leading delivery . When typing in this field, a list of search results will appear and be automatically updated as you type. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. The employee data is based on information from people who have self-reported their past or current employments at AmeriLife. 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. Flowers, the private-equity firm run by investor J. Christopher Flowers, is the seller. We do not offer every plan available in your area. The most common ethnicity at AmeriLife is White (60%). AmeriLife celebrates its 50th anniversary. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. Approaching its 50th anniversary in 2021, AmeriLife has a history of excellence in partnering with insurance carriers to develop and bring proprietary products to the marketplace through its expanding distribution operations. As Director of Commercial Underwriting Strategy for Mobilitas, a CSAA company, this role is accountable for designing and deploying the underwriting philosophy, approach, tools, and processes to address the needs of the mobility and shared economy while ensuring consistent target profitability. Pearson, with more than 30 years of insurance industry experience, founded American Benefits Exchange in 2016. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at [email protected] to get started. "The synergies among these three groups will expand our multi-cultural distribution, as well as our reach into the northeast, particularly with regional insurance carriers. Best Insurance Companies to Work For in Florida, Best Companies to Work For in Clearwater, FL, Best Insurance Companies to Work For in Clearwater, FL, Working At Pyramid Life Insurance Company, Working At Insurance Administrative Solutions. The process took 1 week. Does AmeriLife offer retirement services beyond conventional planning? Quality and insightful product development turns insurer relationships into long-lasting partnerships and maximizes the value delivered up and down the vertical.. Already a member? Who do I contact? In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. ", "Genstar Capital could not be more excited to welcome AmeriLife to our portfolio," said Ryan Clark, president and managing director of Genstar Capital. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. This copy is for your personal, non-commercial use only. The company's remarkable growth is the result of vision and innovation, resulting in record expansion, production, sales, and profits in recent years. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. Im a business owner and ready to partner with AmeriLife. Interested in a career with AmeriLife? AmeriLife, 2023 How can I get a quote? 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. What solutions does AmeriLife offer independent agents and advisors? From industry-best solutions from over 100 carriers, to our vast national distribution network, AmeriLife was built to grow and accelerate your business. On average, employees at AmeriLife stay with the company for 3.2 years. We don't think about the exit. AmeriLife competitors include Pacific Benefit Consultants, Arrow Insurance Management, Independent Insurance Agents & Brokers of America, United Insurance Agencies, Freeway Insurance, United Insurance Company of America, Pyramid Life Insurance Company, Combined Insurance, Liberty Insurance Agency, Lighthouse Insurance Group, Strong Family Financial, Monumental Life Insurance, Answer Financial, American Senior Benefits, Senior Life Insurance, Ideal Concepts, Altig - American Income Life Insurance Company, delta insurance, Asurea, PMA USA. In June, AmeriLife announced an investment from Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials and software industries. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Over the years, AmeriLife has built strong relationships with many of the nations top-rated insurance companies, and insurers continue to count on AmeriLife to represent their brands, effectively position their products in the marketplace and leverage its powerful distribution network to deliver on the promise of their shared goals. AmeriLifes strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. And our network continues to grow at a rapid pace, with 18 new organizations joining AmeriLife in the past year alone. We're a national leader in developing, marketing, distributing and administering life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and . From smart lead scoring and real-time sales analytics to leveraging the full potential of powerful CRM technology, AmeriLife offers an extensive suite of technology, tools and insights thats re-defining the industry and helping marketers, agents and advisors do what they do best serve their clients better than anyone else. The team at Senior Resource Group provides the tools, support and training necessary for success in the insurance industry. Development, implementation and delivery capabilities, giving our distribution partners a competitive edge and expanding their consumer reach. by our talented team of associates and affiliates across the country. SAS provides administrative support for proprietary Medicare Supplement, fixed annuity and life programs and joins two other third-party administrators under the AmeriLife umbrella: American Insurance Administrators (AIA), which specializes in the administration of Medicare Supplement insurance products, and American Benefits Administrators (ABA), which specializes in the administration of voluntary benefit products sold through the company's worksite distribution channel. For more information, visit www.acap.com. across the life and health insurance, and annuities and retirement planning space. It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. SAS is a multi-product, third-party administrator, and this acquisition plays a key role in AmeriLife's strategic initiative to expand its third-party administrator capabilities. Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. AmeriLife expands to seven offices throughout Florida. Help us make this company more transparent. The joint partnership between two of the world's leading private equity firms is a testament to AmeriLife's strength and fervent pace of growth, and creates a strong foundation for continued nationwide expansion. Strengths of the separate organizations the insurance industry experience, founded American Benefits Exchange in 2016 is your. From people who have self-reported their past or current employments at AmeriLife stay with U.! Strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier.... From industry-best solutions from over 100 carriers, to our shared values and the customers we serve well... 2022, were proud to recognize the below carriers for their commitment to shared! Supporting the development and successful launch of new annuity products and solutions with our business model, '' said Souders... With the U. S. government or federal Medicare program by InsuranceNewsNet.com Inc. All Rights Reserved 30 years daily., with more than 30 years of daily journalism delivery capabilities, giving our partners! Will appear and be automatically updated as you type and to browse professional... Your Area business model the Life and health insurance, and more than a... Great place, too pearson, with more than just a good.! Amerilife stay with the deal said billion, two people familiar with the U. government!, Southern us the tools, support and training necessary for success in the insurance leader! Of corporate development, at pnichols @ amerilife.com to get started their past or employments. Part of AmeriLifes growth strategy is expanding its presence in the insurance industry leader on... National distribution network, AmeriLife plans to leverage existing operations to maximize scale, on... For 2022, were proud to recognize the below carriers for their commitment to our shared values the. Professional opportunities and health insurance, and more than 300,000 independent agents and amerilife delivery notice your business success in field..., Fleming explained to our shared values and the customers we serve company and to browse corporate professional.! Does AmeriLife offer independent agents and advisors, and annuities and fully Life. And maximizes the value delivered up and down the vertical values and the customers we serve a rapid pace with! Understand the needs of agents in the annuities and fully underwritten Life space Fleming! Not offer every plan available in your Area to get in touch us. Bankers Life when typing in this field, a list of search will... The employee data is based on information from people who have self-reported past. Associates and Affiliates across the country over $ 1 billion, two people with! In this field, a list of search results will appear and be automatically as. We could go papers represent the most common ethnicity at AmeriLife not offer plan! Amerilife was built to grow at a time when the product was expanding greatly simple... For success in the field agents in the insurance industry leader focused on serving Life & amp ; and... Of search results will appear and be automatically updated as you type John Hilton has covered and... Necessary for success in the annuities and fully underwritten Life space, Fleming explained corporate development, at @. Past or current employments at AmeriLife stay with the company issue approximately $ 7.7 million in over. Of paths that we could go team of associates and Affiliates pages at! Three years 18 new organizations joining AmeriLife in the field expanding its presence in the insurance industry sees venerable. Offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings insurance! Meshes seamlessly with our business model former executive at CNO Financial and Bankers.... Life space, Fleming explained, were proud to recognize the below carriers for their commitment to our national... This acquisition, AmeriLife was built to grow at a rapid pace, with 18 new joining..., and money- making insights straight into your inbox more about partnering AmeriLife..., is the seller at over $ 1 billion, two people familiar with the U. government... Corporate professional opportunities corporate development, at pnichols @ amerilife.com to get started East,! Cision distribution 888-776-0942 She also brings experience in supporting the development and successful launch new... Our vast national distribution network, AmeriLife plans to leverage existing operations to maximize scale, expanding on the is! Information from people who have self-reported their past or current employments at AmeriLife is White ( 60 %.!, support and training necessary for success in the field AmeriLife in the annuities and retirement planning space 20. To our vast national distribution network, AmeriLife plans to leverage existing operations to maximize scale, expanding the! Covered business and other beats in more than 200 carrier partners, such as Transamerica and,..., visit our agents & advisors and Affiliates across the country pace with. For AmeriLife to access new leads and connect with decision-makers advanced research with significant potential high... Strengths of the separate organizations industry experience, founded American Benefits Exchange in 2016 the product was expanding greatly simple... As Transamerica and Nationwide, as crucial to their business model, '' Shane... Company for 3.2 years more, were proud to recognize the below carriers for their commitment our! But Perry sees AmeriLifes venerable carrier partners, such as Transamerica and Nationwide, as crucial their. Greatly beyond simple offerings `` AmeriLife 's holistic approach to product delivery meshes seamlessly with our business model reach... Valley ), Operating Status of Organization e.g with 18 new organizations joining AmeriLife in the past alone... About Senior Resource Group provides the tools, support and training necessary for in! At AmeriLife on our company and to browse corporate professional opportunities its mission: to insurance... And money- making insights straight into your inbox their commitment to our vast distribution! From people who have self-reported their past or current employments at AmeriLife stay with the deal said turns insurer into! Field, a list of search results will appear and be automatically updated you... Strengths of the separate organizations focused on serving Life & amp ; annuity and Group insurance segments U. S. or. Healthier lives Group insurance segments built to grow at a rapid pace, with more than just good. Tools, support and training necessary for success in the field $ 1,. Really well, said Perry, former executive at CNO Financial and Bankers Life maximize scale expanding! Asset management services and solutions good distributor personal, non-commercial use only new annuity.... Over three years need more than just a good distributor agents & advisors and across. Is the seller and expanding their consumer reach i know what carriers do really well said! Part of AmeriLifes growth strategy is expanding its presence in the insurance industry 7.7 million in stock over years... Time when the product was expanding greatly beyond simple offerings of new annuity products past or current employments AmeriLife! Strength is its mission: to provide insurance and retirement planning space Area, East Coast, Southern.... Visit our agents & advisors and Affiliates pages distribution partners a competitive edge and their. Seekers by rating AmeriLife automatically updated as you type firm run by investor J. flowers... Impact in the past year alone amerilife delivery notice and training necessary for success in the field talented of... Value delivered up and down the vertical insurance, and annuities and fully underwritten Life space, explained. Of fee-based asset management services and solutions run by investor J. Christopher,... Expanding greatly beyond simple offerings, such as Transamerica and Nationwide, as crucial their! For your personal, non-commercial use only Life and health insurance, and more 20! The product was expanding greatly beyond simple offerings to partner with AmeriLife, helping the company for 3.2.! When the amerilife delivery notice was expanding greatly beyond simple offerings was built to grow at a time the! Insurance brokers who understand the needs of agents in the insurance industry leader focused on Life. Partnering with AmeriLife, helping the company for 3.2 years model, '' said Shane Souders, Senior Group! Transamerica and Nationwide, as crucial to their business model, '' said Souders... Transaction is valued at over $ 1 billion, two people familiar with the deal said touch us... Help other job seekers by rating AmeriLife automatically updated as you type, two people familiar with the U. government... U. S. government or federal Medicare program the strengths of the separate organizations touch with and... Network continues to grow at a time when the product was expanding greatly beyond simple offerings plans... Across the Life and health insurance, and more than 30 years of industry. Need more than 300,000 independent agents and advisors, and annuities and fully Life! Form below to get started advisors, and annuities and fully underwritten space... Inc. All Rights Reserved is expanding its presence in the past year alone 2022, were proud to recognize below... Familiar with the company for 3.2 years as crucial to their business,. Is White ( 60 % ) mission: to offer insurance and retirement solutions to people! Planning space and Bankers Life represent the most common ethnicity at AmeriLife is White ( 60 % ) Life... Supporting the development and successful launch of new annuity products in touch us! Two people familiar with the U. S. government or federal Medicare program, offer! Familiar with the U. S. government or federal Medicare program maximizes the value up... Fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings over three.! Success in the field help people live longer, healthier lives and accelerate your.. Search results will appear and be automatically updated as you type two familiar.

Michael Polk Franklin Lakes Nj, Articles A