Not affiliated with the U. S. government or federal Medicare program. Im a business owner and ready to partner with AmeriLife. 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. Click here to start your journey toward becoming an AmeriLife-affiliated agent. 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.. Headquarters Regions Tampa Bay Area, East Coast, Southern US. One of the things that we first and foremost look for his talent. Financial terms werent announced. For more information, visit www.acap.com. That accelerated growth is being fueled by supersized acquisitions. Not affiliated with the U. S. government or federal Medicare program. After extensive research and analysis, Zippia's data science team found that: 51% of AmeriLife employees are women, while 49% are men. To learn more, Were biased, but we think its a pretty great place, too. 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.. We do not offer every plan available in your area. 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. Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. While it appears from the outside to be an arms race, with Integrity, AmeriLife and others completing competing acquisitions, Perry said it isnt that way at all. Delivering insurance and financial solutions to agents and advisors to help people live longer, healthier lives. 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 was founded in Holiday, Florida. 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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 expands into the worksite and direct-to-consumer spaces. 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. 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. To learn more about partnering with AmeriLife, contact us here. Jeff MaldonadoAmeriLife[emailprotected]+1-321-297-1112, Chris TofalliGenstar Capital[emailprotected]+1-914-834-4334, Tim QuinnThomas H. Lee Partners, L.P.[emailprotected]+1-646-258-2308, Cision Distribution 888-776-0942 Conjecture remains afloat that one or more of the aggressive IMOs will go public at some point. 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. across the life and health insurance, and annuities and retirement planning space. Voracious IMOs are disrupting traditional delivery of life insurance and annuities. AmeriLife's mission statement is "To provide insurance and retirement solutions to help people live longer, healthier lives.". That doesnt mean AmeriLife isnt interested in proprietary life and annuity products of its own. 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. "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. Welcome to AmeriLife! 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. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. Fifty-five percent of its business is focused on health, 35% on annuities and 10% on life insurance. 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. 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. 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. The employee data is based on information from people who have self-reported their past or current employments at AmeriLife. AmeriLife sounds like the place for me! 15% of AmeriLife employees are Black or African American. Any information we provide is limited to those plans we do offer in your area. 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. At AmeriLife, our values are more than just words 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. They price risk and they manage assets. partnered with the nations leading insurance carriers to provide value and quality to customers. Phone Number (800) 458-7112. ", "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. InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. 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. Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. 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. Now is not the time, but we'll make the determination of what's the best way to maximize value for shareholders. Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007, and sold it in 2015 to J.C. 15% of AmeriLife employees are Black or African American. Active, Closed, Last funding round type (e.g. Where do I start? AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. Cision Distribution 888-776-0942 View Guidelines. Flowers for less than $500 million, Barrons reported. 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. Founded Date 1971. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. 15% of AmeriLife employees are Hispanic or Latino. 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. Evercore served as financial advisor to AmeriLife on the transaction. and certain THL limited partners. The most common ethnicity at AmeriLife is White (60%). 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.". Visit our. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. 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. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. I know what we can do really well, which is distribute products and drive efficiency across that value chain. 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. The average employee at AmeriLife makes $54,512 per year. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 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. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. This acquisition furthers AmeriLifes strategic focus in partnering with independent insurance professionals, financial advisors and marketing organizations with solid foundations for growth. AmeriLife has proven that its model is the future of insurance marketing and distribution. Were biased, but we think its a pretty great place, too. Headquartered in Minneapolis, TruChoice is one of the largest field marketing organizations in the industry. Our estimates are verified against BLS, Census, and current job openings data for accuracy. For more information, visitAmeriLife.com, and follow AmeriLife onFacebookandLinkedIn. Diverse experience leading delivery . 15% of AmeriLife employees are Hispanic or Latino. theyre actions, demonstrated and delivered every day 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 agents and advisors, more than 50 marketing organizations, and 50 insurance agency locations. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The transaction is expected to be completed in the third quarter. In 2021, nearly 5 million Americans were advised on and delivered the financial solutions they need through AmeriLifes vast, nationwide distribution. An affiliate of TruChoice, Inforce is a national brokerage general agency focused in the life insurance market. As part of our organic growth efforts, AmeriLife is continuing to develop and work through proprietary product opportunities within those aforementioned product lines. It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. Institutional Wealth Management, Broker-Dealer & RIA. How can I join the team? 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 pages. About AmeriLife. Business Profile Ameri-Life & Health Services of Raleigh Insurance Companies Contact Information 2051 Renaissance Park Pl STE 209 Cary, NC 27513-2267 Get Directions Visit Website Email this. "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.". AmeriLife has. We do not offer every plan available in your area. The key is omni-solutions, where the customer has the flexibility to move seamlessly from a digital environment to a human interaction if required. 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.. In recent years, AmeriLife continued to push through growth barriers under the leadership of CEO Scott Perry, brought aboard in 2016. Combined with Genstar's deep expertise in financial services, software and healthcare, and our collective commitment to delivering the data, tools and technology necessary to compete and win in today's marketplace, we see huge opportunity for AmeriLife and its partners. AmeriLife expands to seven offices throughout Florida. Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. A big part of AmeriLifes growth strategy is expanding its presence in the annuities and fully underwritten life space, Fleming explained. 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. To learn more about the products and solutions we distribute, and to connect. Sign In. AmeriLife relocates headquarters to Clearwater, Florida. AmeriLife provide insurance and retirement solutions to enhance the lives of pre-retirees and retirees. "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.". wewill respond within 24 hours. 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. 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