"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.". Visit our Employees page for more on our company and to browse corporate professional opportunities. Celebrating Our Stars. 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 2022, were proud to recognize the below carriers for their commitment to our shared values and the customers we serve. 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. 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. Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007, and sold it in 2015 to J.C. In recent years, AmeriLife continued to push through growth barriers under the leadership of CEO Scott Perry, brought aboard in 2016. Best-in-class, industry leading compliance standards and practices developed in collaboration with our carrier partners that support distribution expansion. One of the things that we first and foremost look for his talent. I know what we can do really well, which is distribute products and drive efficiency across that value chain. Private equity firm Genstar Capital makes a strategic investment in AmeriLife, joining Thomas H. Lee Partners as an equal investor. growth as the nations most dominant marketing and distribution company for financial solutions. They price risk and they manage assets. 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. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. I know what carriers do really well, said Perry, former executive at CNO Financial and Bankers Life. Any information we provide is limited to those plans we do offer in your area. Baby boomers rapidly aged and life insurance products evolved to meet versatile needs. The merger of SRG, SFS and RC represents more than 50 years of combined insurance industry experience. About Right Choice Right Choice is a field marketing insurance brokerage firm based in Atlantic City, N.J. wewill respond within 24 hours. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. Genstar will join AmeriLife's current private equity investor, Thomas H. Lee Partners, L.P.("THL"), as an equal investor. How can I get a quote? The most common ethnicity at AmeriLife is White (60%). "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. The transaction is valued at over $1 billion, two people familiar with the deal said. For more information, visit www.acap.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 agents and advisors, more than 50 marketing organizations, and 50 insurance agency locations. To learn more about partnering with AmeriLife, From industry-best solutions from over 100 carriers, to our vast national distribution. 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. "We've maintained a strong strategic relationship with A-CAP over the years and are excited to start this next chapter with SAS as a part of our third-party administrator family of companies. 15% of AmeriLife employees are Black or African American. 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. Perry doesnt rule it out but said that isnt the plan right now. Welcome to AmeriLife! Please use the form below to get in touch with us and Executive Vice President, Product Innovation & Corporate Actuary. "Genstar's investmentwillaccelerate our growthandhelpus continue tobuild out our platform toprovide superiorsupport toour carrier partners,our affiliates and our agents. Will provide clinical supervision according to qualifications. The company began offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings. Second is strategic capabilities, Perry said during a recent industry conference. AmeriLife enters the annuity brokerage space, establishes National Brokerage Division. I applied online. In doing so, it has strengthened its offerings, expanded its geographical footprint, To learn more, visit our Wholesale Brokerage and Institutional Wealth Management, Broker-Dealer & RIA pages. Interested in a career with 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. 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, visit our Agents & Advisors and Affiliates pages. The data presented on this page does not represent the view of AmeriLife and its employees or that of Zippia. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. 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. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. We do not offer every plan available in your area. 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. Private equity firm J.C. It continues to thrive with these efforts as well. As the 21st century progressed it was a heady time to be in the retirement business. Contact Email socialmedia@amerilife.com. The company's remarkable growth is the result of vision and innovation, resulting in record expansion, production, sales, and profits in recent years. Research Summary. 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. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. from 8 AM - 9 PM ET. Visit www.AmeriLife.comand follow AmeriLife on Facebookand LinkedInfor more information. Help us make this company more transparent. "This acquisition was in the spirit of partnership," said Scott R. Perry, Chairman and CEO of AmeriLife. Its easy! This leader is also responsible for overseeing . CLEARWATER, Fla., Dec. 11, 2020 /PRNewswire/ --AmeriLife Group, LLC ("AmeriLife"), the national leader in marketing and distributing life, health and retirement solutions, announced today it has purchased ownership and partnered with the rapidly growing Senior Resource Group (SRG), an independent field marketing organization based in Philadelphia. Over the next two decades, the company grew steadily as more and more pre-retirees flocked to Florida. When typing in this field, a list of search results will appear and be automatically updated as you type. The transaction is expected to be completed in the third quarter. AmeriLife relocates headquarters to Clearwater, Florida. About AmeriLife AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. This copy is for your personal, non-commercial use only. Thomas H. Lee Partners is leading an investor group to acquire AmeriLife through a. The Firm's domain expertise and resources help to build great companies with an aim to accelerate growth, improve operations and drive long-term sustainable value. Evercore served as financial advisor to AmeriLife on the transaction. None of the information on this page has been provided or approved by AmeriLife. To provide insurance and retirement solutions to help people live longer, healthier lives. AmeriLife Acquires SAS from A-CAP, While Growing Strategic Partnership. An affiliate of TruChoice, Inforce is a national brokerage general agency focused in the life insurance market. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. https://www.barrons.com/articles/j-c-flowers-sells-insurer-amerilife-to-private-equity-group-for-more-than-1-billion-51578436367. 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. Im an insurance company and want to engage AmeriLife. SRG represents the next generation of insurance agencies with a focus on technology, cultural diversity, and best-in-class sales training and virtual tools. Not affiliated with the U. S. government or federal Medicare program. Company Type For Profit. SAS is a multi-product, third-party administrator, and this acquisition plays a key role in AmeriLife's strategic initiative to expand its third-party administrator capabilities. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. AmeriLife sounds like the place for me! We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. How can I join the team? Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. 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. Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. At AmeriLife, our values are more than just words AmeriLife expands into the worksite and direct-to-consumer spaces. AmeriLife celebrates its 50th anniversary. 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.. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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 a key December hire in a newly created position, AmeriLife took the next step in its plan to grow annuity sales organically. Not affiliated with the U. S. government or federal Medicare program. Were excited for the possibility to serve you. The key is omni-solutions, where the customer has the flexibility to move seamlessly from a digital environment to a human interaction if required. View Guidelines. Claiming and updating your company profile on Zippia is free and easy. 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. A lioness in the industry With Angie Ribuffo, Find out how you can submit Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. "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. John may be reached at [emailprotected] Follow him on Twitter @INNJohnH. AmeriLife enters the RIA space, acquires majority stake in Brookstone Capital Management. So, it's been a part of our strategy, but it is not the strategy, Perry said. and fortified its vast and powerful distribution network for years to come. 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). Cannae Holdings help people live longer, healthier and more secure lives. Heretofore, AmeriLife primarily concentrated on expansion through acquisitions of existing producers. Watched a 15-minute video about what Amerilife offers and then talked with the general manager. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. This position can be based out of our Tempe or Glendale office. 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. Absolutely.. 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. AmeriLife is ranked #24 on the Best Insurance Companies to Work For in Florida list. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. J.C. Any information we provide is limited to those plans we do offer in your area. In 2021, the company struck a deal for Saybrus Partners, a life insurance and annuity distribution company. Our growthandhelpus continue tobuild out our platform toprovide superiorsupport toour carrier Partners support., our affiliates and our agents for their commitment to our vast national distribution Capital ( )... And Bankers life to be in the spirit of partnership, '' said Shane Souders, Senior Resource co-founder., from industry-best solutions from over 100 carriers, to our vast national distribution ethnicity at AmeriLife from., cultural diversity, and more than 300,000 independent agents and advisors, and best-in-class training! 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