AmeriLife enters the RIA space, acquires majority stake in Brookstone Capital Management. 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. Will provide clinical supervision according to qualifications. across the life and health insurance, and annuities and retirement planning space. 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. As part of our organic growth efforts, AmeriLife is continuing to develop and work through proprietary product opportunities within those aforementioned product lines. help people live longer, healthier and more secure lives. "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. SRG was already a top-performing Medicare sales agency in the Philadelphia metro area; merging these groups together with AmeriLife creates unlimited potential.". Its easy! Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. AmeriLife is ranked #24 on the Best Insurance Companies to Work For in Florida list. Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007, and sold it in 2015 to J.C. from 8 AM - 9 PM ET. And our network continues to grow at a rapid pace, with 18 new organizations joining AmeriLife in the past year alone. AmeriLife is a national leader in developing, marketing, and distributing . Any information we provide is limited to those plans we do offer in your area. 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. Operating Status Active. 15% of AmeriLife employees are Hispanic or Latino. Executive Vice President, Product Innovation & Corporate Actuary. 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. Over the next two decades, the company grew steadily as more and more pre-retirees flocked to Florida. Flowers for less than $500 million, Barrons reported. Today, carriers need more than just a good distributor. When typing in this field, a list of search results will appear and be automatically updated as you type. Institutional Wealth Management, Broker-Dealer & RIA. The most common ethnicity at AmeriLife is White (60%). Delivering insurance and financial solutions to agents and advisors to help people live longer, healthier lives. Baby boomers rapidly aged and life insurance products evolved to meet versatile needs. For more information, visitAmeriLife.com, and follow AmeriLife onFacebookandLinkedIn. AmeriLife has. We think about running the business and building a great company, he said. 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. Diverse experience leading delivery . AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. Third-Party Administration (TPA) services built on industry-leading technology and delivered at scale to allow carriers to focus on building their businesses. AmeriLife expands into the worksite and direct-to-consumer spaces. I know what carriers do really well, said Perry, former executive at CNO Financial and Bankers Life. "This partnership gives us access to the tools . 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. AmeriLife has 7,500 employees. A lioness in the industry With Angie Ribuffo, Find out how you can submit 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. In 1987, AmeriLife moved beyond its Florida borders by opening an office in North Carolina. 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. Were excited for the possibility to serve you. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. 15% of AmeriLife employees are Black or African American. To learn more, visit our Agents & Advisors and Affiliates pages. AmeriLife establishes AmeriLife Marketing Group (AMG). 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. A third PE firm, Thomas H. Lee Partners, acquired AmeriLife in 2020 in a reported deal that exceeded $1 billion. That accelerated growth is being fueled by supersized acquisitions. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. To learn more about partnering with AmeriLife, From industry-best solutions from over 100 carriers, to our vast national distribution. Visit www.AmeriLife.comand follow AmeriLife on Facebookand LinkedInfor more information. Learn more about our promise to our partners and stakeholders. "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.". There are a number of paths that we could go. AmeriLife enters the life insurance space, acquires Agent Support Group Inc. J.C. About Senior Resource Group Senior Resource Group was founded in 2008 by insurance brokers who understand the needs of agents in the field. 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. Founded in 2014, Right Choice understands the needs of agents in the field and is committed to supporting them in growing their businesses by providing exceptional products and services. AmeriLife Acquires SAS from A-CAP, While Growing Strategic Partnership. The transaction is expected to be completed in the third quarter. AmeriLife sounds like the place for me! I know what we can do really well, which is distribute products and drive efficiency across that value chain. 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.". In early November, AmeriLife shocked the industry with a blockbuster deal for TruChoice Financial Group. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.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. A big part of AmeriLifes growth strategy is expanding its presence in the annuities and fully underwritten life space, Fleming explained. To learn more about the products and solutions we distribute, and to connect with an agent in your area, visit our Consumers page. 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. Launched in 2013, A-CAP is a privately held company with offices located in New York, Charleston, Chicago, Salt Lake City and Omaha. AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. 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. Pearson, with more than 30 years of insurance industry experience, founded American Benefits Exchange in 2016. Contact Email socialmedia@amerilife.com. content for publishing on our website. As the 21st century progressed it was a heady time to be in the retirement business. Welcome to AmeriLife! 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. After extensive research and analysis, Zippia's data science team found that: 51% of AmeriLife employees are women, while 49% are men. View Guidelines. What solutions does AmeriLife offer independent agents and advisors? It was an odd interview. Using a database of 30 million profiles, Zippia estimates demographics and statistics for AmeriLife. 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. None of the information on this page has been provided or approved by AmeriLife. wewill respond within 24 hours. 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. We've detected you are on Internet Explorer. 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. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. 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. In the last several years alone, AmeriLife has acquired more than 30 affiliates Help other job seekers by rating AmeriLife. organizations joining AmeriLife in the past year alone. The average employee at AmeriLife makes $54,512 per year.

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