Legal Name AmeriLife Group, LLC. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Diverse experience leading delivery . 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. "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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. A Feature Paper should be a substantial original Article that involves several techniques or approaches, provides an outlook for future research directions and describes possible research applications. theyre actions, demonstrated and delivered every day In todays market, a strong, collaborative relationship between carrier and distributor is essential to delivering innovative, high-quality insurance products that can meet the growing needs of marketers, agents and their clients. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.com. 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. Operating Status Active. CLEARWATER, Fla., Oct. 6, 2020 /PRNewswire/ -- AmeriLife Group, LLC ("AmeriLife"), the national leader in marketing and distributing life, health and retirement solutions, has acquired Secure Administrative Solutions (SAS) from A-CAP. Edit Lists Featuring This Company Section, AmeriLife acquires Minnesota insurance products distributor, AmeriLife opens first Rhode Island office, Companies With More Than 100 Employees (Top 10K). Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. Learn more about our promise to our partners and stakeholders. It was an odd interview. For 2022, we're proud to recognize the below carriers for their commitment to our shared values and the customers we serve. 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. 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. Yes, we offer a range of fee-based asset management services and solutions. help people live longer, healthier and more secure lives. Over the next two decades, the company grew steadily as more and more pre-retirees flocked to Florida. Providing insurance and financial advisors to help people live longer, healthier lives AmeriLife | Clearwater FL Genstar will join AmeriLife's current private equity investor, Thomas H. Lee Partners, L.P.("THL"), as an equal investor. Thats where Coleman comes in. 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. A third PE firm, Thomas H. Lee Partners, acquired AmeriLife in 2020 in a reported deal that exceeded $1 billion. 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. Best-in-class, industry leading compliance standards and practices developed in collaboration with our carrier partners that support distribution expansion. AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. One of the things that we first and foremost look for his talent. AmeriLife entered 2023 claiming to be the largest Insurance Marketing Organization (IMO) in the US dedicated to offering insurance and retirement solutions.. AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. Renowned private equity firm's joint partnership with Thomas H. Lee Partners will expand AmeriLife's suite of services and offerings, and further accelerate growth for the nation's leading distributor of health and financial solutions. AmeriLife, 2023
The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. Already a member? With the addition of SAS, we're not only enhancing our capabilities, we're also elevating our ability to deliver world-class technology across our TPA platform and expanding our ability to provide turnkey solutions for carriers, agents and consumers alike.". InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. Please use the form below to get in touch with us and
Company Type For Profit. As a part of the transaction, AmeriLife also welcomes to its family of companies Senior Family Services (SFS), a Philadelphia-based independent insurance agency specializing in products for older Americans, and Right Choice (RC), an Atlantic City, N.J.-based bilingual field marketing brokerage firm. This copy is for your personal, non-commercial use only. Genstar currently has approximately$35 billionof assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries. AmeriLife sounds like the place for me! Help other job seekers by rating AmeriLife. Not affiliated with the U. S. government or federal Medicare program. AmeriLife Acquires SAS from A-CAP, While Growing Strategic Partnership. 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. Get breaking news, exclusive stories, and money- making insights straight into your inbox. The average employee at AmeriLife makes $54,512 per year. For nearly 50 years, AmeriLife has partnered with the nation's leading insurance carriers to provide value and quality to customers served through a national distribution network of over 150,000 insurance agents and advisors, 35 marketing organizations, and nearly 60 insurance agency locations. AmeriLife has. AmeriLife establishes AmeriLife Marketing Group (AMG). Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Im an insurance company and want to engage AmeriLife. Any information we provide is limited to those plans we do offer in your area. Please use the form below to get in touch with us and
AmeriLife was founded in 1971 in Holiday, Fla., a small community just north of Clearwater, and sold life and health policies to people nearing retirement age. AmeriLife has proven that its model is the future of insurance marketing and distribution. 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. 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 expands outside of Florida, opening an office in North Carolina. The American Benefits Exchange team is excited to join the AmeriLife family, said American Benefits Exchange President Brian Pearson. To learn more about the products and solutions we distribute, and to connect with an agent in your area, visit our Consumers page. 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. AmeriLife has 7,500 employees. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Third-Party Administration (TPA) services built on industry-leading technology and delivered at scale to allow carriers to focus on building their businesses. A big part of AmeriLifes growth strategy is expanding its presence in the annuities and fully underwritten life space, Fleming explained. 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. Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. 5 key factors that help retain new financial professionals, Equitable enhances buffered annuity suite, LIMRA: 2022 single premium buy-out sales topple prior record, Why the $2.04B Powerball jackpot winner would have done better taking the annuity, These annuities have gotten more popular, and with good reason, Jackson joins SIMON from iCapitals insurtech platform, Transamerica expands hospital indemnity insurance, Employers turn to voluntary benefits to rein in health care costs, HSA holders not taking full advantage of tax benefits, EBRI finds, Eli Lilly cuts insulin prices by 70% and caps out-of-pocket costs at $35/month, Despite legislation against them, surprise medical bills can still surprise, The Murdaugh trial offers a reminder of the 'old South', What to know about Alex Murdaughs murder trial, Day 26 live updates: Alex Murdaugh prosecution tries to chip away at defense case, New indictment accuses Greg Lindberg of misappropriating millions, Alex Murdaugh testifies in murder trial, admits to lying to police, Women lag in retirement savings and are stressed out about it, study says, Study finds retirement confidence gap between men and women, Older Americans richer than previously thought, Census says, 9 ways advisors can help women achieve a higher level of financial security, Thousands of Nevadans could lose Medicaid coverage [Las Vegas Review-Journal]. Competition favors scale and the voracious growth of these IMOs is changing the industry, said Sheryl Moore, president and CEO of Moore Market Intelligence and Wink Inc. Small- to mid-sized IMOs and FMOs are being gobbled up so quickly, it is forcing many to reconsider their plan, she said. Visit our Employees page for more on our company and to browse corporate professional opportunities. John may be reached at [emailprotected] Follow him on Twitter @INNJohnH. AmeriLife enters the RIA space, acquires majority stake in Brookstone Capital Management. At AmeriLife, we believe that the journey to accelerated, sustainable business growth is rooted in an active partnership and a commitment to collaboration, innovation, and personal and professional development. content for publishing on our website. AmeriLife, 2023
Our partnership will support American Benefits Exchanges mission by leveraging a holistic approach to product delivery and expanding the companys distribution footprint.. 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. partnered with the nations leading insurance carriers to provide value and quality to customers. I know what we can do really well, which is distribute products and drive efficiency across that value chain. Institutional Wealth Management, Broker-Dealer & RIA pages. The most common ethnicity at AmeriLife is White (60%). Pearson, with more than 30 years of insurance industry experience, founded American Benefits Exchange in 2016. AmeriLifes management also is investing. Fifty-five percent of its business is focused on health, 35% on annuities and 10% on life insurance. In 2021, the company struck a deal for Saybrus Partners, a life insurance and annuity distribution company. Scott R. Perry joins AmeriLife as chief executive officer. Private investors buy majority stake in AmeriLife. We think about running the business and building a great company, he said. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at pnichols@amerilife.com to get started. Any information we provide is limited to those plans we do offer in your area. AmeriLife made a giant leap forward when it began acquiring life, health and annuity brokerages. AmeriLife celebrates its 50th anniversary. Zippia gives an in-depth look into the details of AmeriLife, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AmeriLife. 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. WhatsApp acquired by Facebook). For the best Barrons.com experience, please update to a modern browser. 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. The company's remarkable growth is the result of vision and innovation, resulting in record expansion, production, sales, and profits in recent years. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. "This partnership gives us access to the tools . Contact Email socialmedia@amerilife.com. That doesnt mean AmeriLife isnt interested in proprietary life and annuity products of its own. And our network continues to grow at a rapid pace, with. Any information we provide is limited to those plans we do offer in your area. American Benefits Exchange is a well-rounded marketing company that has made its mark in life, health and annuity distribution, supplementing existing government benefit plans, said AmeriLife Chairman and CEO Scott R. Perry. We do not offer every plan available in your area. Feature papers represent the most advanced research with significant potential for high impact in the field. American Benefits Exchange specializes in providing insurance solutions to federal, postal . by our talented team of associates and affiliates across the country. In 2021, nearly 5 million Americans were advised on and delivered the financial solutions they need through AmeriLifes vast, nationwide distribution. values in each and every interaction we have. They price risk and they manage assets. Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. In recent years, AmeriLife continued to push through growth barriers under the leadership of CEO Scott Perry, brought aboard in 2016. To learn more about partnering with AmeriLife, contact us here. 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. Thomas H. Lee Partners is leading an investor group to acquire AmeriLife through a. 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