wewill respond within 24 hours. Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Not affiliated with the U. S. government or federal Medicare program. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. 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. This position can be based out of our Tempe or Glendale office. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. An affiliate of TruChoice, Inforce is a national brokerage general agency focused in the life insurance market. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. AmeriLife celebrates its 50th anniversary. THL couples deep sector expertise through an Identified Sector Opportunity ("ISO") process with dedicated internal operating resources from its Strategic Resource Group ("SRG") to transform and build great companies of lasting value in partnership with management. From industry-best solutions from over 100 carriers, to our vast national distribution network, AmeriLife was built to grow and accelerate your business. Company Type For Profit. 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. Visit our Employees page for more on our company and to browse corporate professional opportunities. 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). AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. 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. The employee data is based on information from people who have self-reported their past or current employments at AmeriLife. For 2022, we're proud to recognize the below carriers for their commitment to our shared values and the customers we serve. Now is not the time, but we'll make the determination of what's the best way to maximize value for shareholders. I know what carriers do really well, said Perry, former executive at CNO Financial and Bankers Life. Thomas H. Lee Partners is leading an investor group to acquire AmeriLife through a. The merging of these entities will leverage operational collaboration across these groups. 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. Watched a 15-minute video about what Amerilife offers and then talked with the general manager. Is your client emotionally ready for retirement? Since 2018, AmeriLife's 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. 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. network, AmeriLife was built to grow and accelerate your business. To learn more about partnering with AmeriLife, contact us here. AmeriLife employees supporting your business. Im a prospective customer. 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. 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. Voracious IMOs are disrupting traditional delivery of life insurance and . help people live longer, healthier and more secure lives. 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. Private equity firm J.C. 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 . AmeriLife establishes AmeriLife Marketing Group (AMG). We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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. For more information, visitAmeriLife.com, and follow AmeriLife onFacebookandLinkedIn. As part of our organic growth efforts, AmeriLife is continuing to develop and work through proprietary product opportunities within those aforementioned product lines. Any information we provide is limited to those plans we do offer in your area. What solutions does AmeriLife offer independent agents and advisors? It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. Were biased, but we think its a pretty great place, too. 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. 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. AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. 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. Private investors buy majority stake in AmeriLife. Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. But Perry sees AmeriLifes venerable carrier partners, such as Transamerica and Nationwide, as crucial to their business model. Voracious IMOs are disrupting traditional delivery of life insurance and annuities. Join Our Team. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Our partnership with AmeriLife brings us access to market-leading life, health and annuity products and best-in-class training and technology tools that will position American Benefits Exchange to grow exponentially while continuing to faithfully serve our clients.. I think I was asked 2 personal questions, but besides that, it was mostly him talking about his personal experiences with how life . Any information we provide is limited to those plans we do offer in your area. AmeriLife enters the annuity brokerage space, establishes National Brokerage Division. 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. 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.. by our talented team of associates and affiliates across the country. 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. 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. Interested in a career with AmeriLife? 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. Headquarters Regions Tampa Bay Area, East Coast, Southern US. We don't think about the exit. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. View contacts for AmeriLife to access new leads and connect with decision-makers. CLEARWATER, Fla., June 13, 2022 /PRNewswire/ -- AmeriLifeGroup, LLC ("AmeriLife"), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, today announcedan investment from Genstar Capital("Genstar"), a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials and software industries. 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. About Senior Resource Group Senior Resource Group was founded in 2008 by insurance brokers who understand the needs of agents in the field. 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. 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. 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. Who do I contact? Fifty-five percent of its business is focused on health, 35% on annuities and 10% on life insurance. "This partnership gives us access to the tools . 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. The average employee at AmeriLife makes $54,512 per year. In 1987, AmeriLife moved beyond its Florida borders by opening an office in North Carolina. Best-in-class, industry leading compliance standards and practices developed in collaboration with our carrier partners that support distribution expansion. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007, and sold it in 2015 to J.C. Our estimates are verified against BLS, Census, and current job openings data for accuracy. 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. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The data presented on this page does not represent the view of AmeriLife and its employees or that of Zippia. "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. Seasoned insurance industry leader focused on serving Life & Annuity and Group insurance segments. The average employee at AmeriLife makes $54,512 per year. This leader is also responsible for overseeing . Any information we provide is limited to those plans we do offer in your area. I applied online. Medicare supplement products followed. "Genstar's investmentwillaccelerate our growthandhelpus continue tobuild out our platform toprovide superiorsupport toour carrier partners,our affiliates and our agents. To provide insurance and retirement solutions to help people live longer, healthier lives. "We have followed the tremendous progress of Scott and his team since we first met in 2016. Get breaking news, exclusive stories, and money- making insights straight into your inbox. Interested in a career with AmeriLife? 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. To learn more, visit our Wholesale Brokerage and Institutional Wealth Management, Broker-Dealer & RIA pages. Visit our. They price risk and they manage assets. 15% of AmeriLife employees are Black or African American. Industry-leading, cost effective and high ROI distribution network designed to connect and engage with consumers and stakeholders across the country. 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. 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, 25 marketing organizations, and 50 insurance agency locations. Its easy! 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. 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. Phone Number (800) 458-7112. This acquisition furthers AmeriLifes strategic focus in partnering with independent insurance professionals, financial advisors and marketing organizations with solid foundations for growth. Not affiliated with the U. 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She also brings experience in supporting the development and successful launch of new annuity products. https://www.barrons.com/articles/j-c-flowers-sells-insurer-amerilife-to-private-equity-group-for-more-than-1-billion-51578436367. AmeriLife Acquires SAS from A-CAP, While Growing Strategic Partnership. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. Cision Distribution 888-776-0942 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. 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. 15% of AmeriLife employees are Hispanic or Latino. content for publishing on our website. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. 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. For more information, visit www.acap.com. Were excited for the possibility to serve you. 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. AmeriLife, 2023
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