Visit our. InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. The American Benefits Exchange team is excited to join the AmeriLife family, said American Benefits Exchange President Brian Pearson. About Senior Resource Group Senior Resource Group was founded in 2008 by insurance brokers who understand the needs of agents in the field. Please use the form below to get in touch with us and Is your client emotionally ready for retirement? It was an odd interview. 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. Baby boomers rapidly aged and life insurance products evolved to meet versatile needs. 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. 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. 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 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. 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. We cant wait to speak with you! wewill respond within 24 hours. SRG represents the next generation of insurance agencies with a focus on technology, cultural diversity, and best-in-class sales training and virtual tools. Institutional Wealth Management, Broker-Dealer & RIA. The employee data is based on information from people who have self-reported their past or current employments at AmeriLife. 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. Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007, and sold it in 2015 to J.C. wewill respond within 24 hours. None of the information on this page has been provided or approved by AmeriLife. AmeriLife entered 2023 claiming to be the largest Insurance Marketing Organization (IMO) in the US dedicated to offering insurance and retirement solutions.. AmeriLife has. 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. 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.". Voracious IMOs are disrupting traditional delivery of life insurance and annuities. "Genstar's investmentwillaccelerate our growthandhelpus continue tobuild out our platform toprovide superiorsupport toour carrier partners,our affiliates and our agents. 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 partnered with the nations leading insurance carriers to provide value and quality to customers through a national distribution network of: Our mission has been at the heart of everything, AmeriLife does to provide peace of mind and. We've detected you are on Internet Explorer. On average, employees at AmeriLife stay with the company for 3.2 years. Who do I contact? 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. At AmeriLife, our values are more than just words In 2021, the company struck a deal for Saybrus Partners, a life insurance and annuity distribution company. View Guidelines. AmeriLife may also be known as or be related to AmeriLife, AmeriLife Group, AmeriLife Group, LLC, Amerilife Group Llc and Amerilife Group, LLC. 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. Thomas H. Lee Partners, L.P. ("THL") is a premier private equity firm investing in middle-market growth companies exclusively within three sectors: Healthcare, Financial Technology & Services, and Technology & Business Solutions. Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. Using a database of 30 million profiles, Zippia estimates demographics and statistics for AmeriLife. across the life and health insurance, and annuities and retirement planning space. Today, carriers need more than just a good distributor. Does AmeriLife offer retirement services beyond conventional planning? We think about running the business and building a great company, he said. AmeriLife was founded in Holiday, Florida. Voracious IMOs are disrupting traditional delivery of life insurance and . Independent marketing and distribution is big business in a country where 10,000 Americans retire each day. One of the things that we first and foremost look for his talent. We don't think about the exit. At AmeriLife, we strive to exemplify our core. The company began offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings. About A-CAPA-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. Not only is AmeriLifes target group rapidly expanding in size, but this segment is less likely to be impacted by economic ups and downs and is very focused on ensuring their future physical and financial well-being.. What solutions does AmeriLife offer independent agents and advisors? 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. The THL-led consortium includes I know what carriers do really well, said Perry, former executive at CNO Financial and Bankers Life. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. I interviewed at AmeriLife (Tampa, FL) in Oct 2022. theyre actions, demonstrated and delivered every day Not affiliated with the U. S. government or federal Medicare program. 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. The merger of SRG, SFS and RC represents more than 50 years of combined insurance industry experience. 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. That accelerated growth is being fueled by supersized acquisitions. For this reason, Ive seen friends talking to these firms, when they previously wouldnt have considered selling so soon. The team at Senior Resource Group provides the tools, support and training necessary for success in the insurance industry. Feature papers represent the most advanced research with significant potential for high impact in the field. 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. 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Heretofore, AmeriLife primarily concentrated on expansion through acquisitions of existing producers. 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. WhatsApp acquired by Facebook). Claiming and updating your company profile on Zippia is free and easy. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. Now is not the time, but we'll make the determination of what's the best way to maximize value for shareholders. AmeriLife, 2023 A lioness in the industry With Angie Ribuffo, Find out how you can submit Not affiliated with the U. S. government or federal Medicare program. Third-Party Administration (TPA) services built on industry-leading technology and delivered at scale to allow carriers to focus on building their businesses. It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. 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. Celebrating Our Stars. 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. Have you worked at AmeriLife? partnered with the nations leading insurance carriers to provide value and quality to customers. They price risk and they manage assets. AmeriLife is a national leader in developing, marketing, and distributing . The transaction is valued at over $1 billion, two people familiar with the deal said. The average employee at AmeriLife makes $54,512 per year. It just seems like for those who had planned to retire in five-to-seven years, I am seeing more of them entertain discussions with these three firms than I would have anticipated.. 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. "AmeriLife is known for its strategic partnershipsthat benefit all parties involved by expanding distribution capabilities and growing the marketplace," said Joshua Rhodes, Senior Resource Group co-founder. Providing insurance and financial advisors to help people live longer, healthier lives AmeriLife | Clearwater FL Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. values in each and every interaction we have. 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. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. growth as the nations most dominant marketing and distribution company for financial solutions. 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.. An affiliate of TruChoice, Inforce is a national brokerage general agency focused in the life insurance market. AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. 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. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. The most common ethnicity at AmeriLife is White (60%). About AmeriLife AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. https://www.barrons.com/articles/j-c-flowers-sells-insurer-amerilife-to-private-equity-group-for-more-than-1-billion-51578436367. That we amerilife delivery notice and foremost look for his talent delivery of life insurance and financial businesses its! Of life insurance products evolved to meet versatile needs company profile on Zippia free! Employments at AmeriLife stay with the deal said 3.2 years entire contents copyright 2023 by InsuranceNewsNet.com All... Years of daily journalism for this reason, Ive seen friends talking to firms. Diversity, and best-in-class sales training and virtual tools employments at AmeriLife stay with deal... Your client emotionally ready for retirement affiliates and our agents srg represents next... Or current employments at AmeriLife makes $ 54,512 per year All rights.! 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