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. Im a business owner and ready to partner with AmeriLife. 15% of AmeriLife employees are Black or African American. Today, carriers need more than just a good distributor. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at. Conjecture remains afloat that one or more of the aggressive IMOs will go public at some point. AmeriLifes strategy of serving (pre)retirees was truly an inspired one, its company history states. The process took 1 week. Learn more about our promise to our partners and stakeholders. Not affiliated with the U. S. government or federal Medicare program. 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. wewill respond within 24 hours. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. We don't think about the exit. In doing so, it has strengthened its offerings, expanded its geographical footprint, 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. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. How can I get a quote? Institutional Wealth Management, Broker-Dealer & RIA pages. Welcome to AmeriLife! Cision Distribution 888-776-0942 About A-CAPA-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. The joint partnership between two of the world's leading private equity firms is a testament to AmeriLife's strength and fervent pace of growth, and creates a strong foundation for continued nationwide expansion. Life insurance still needs an agent to sell the benefits, however once the customer has decided to purchase coverage, the Fintechs look to make things quick and seamless in a digital world, where possible, so the customer is empowered to complete the application process. As part of our organic growth efforts, AmeriLife is continuing to develop and work through proprietary product opportunities within those aforementioned product lines. The team at Senior Resource Group provides the tools, support and training necessary for success in the insurance industry. Cision Distribution 888-776-0942 Were excited for the possibility to serve you. 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. That accelerated growth is being fueled by supersized acquisitions. InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. In the last several years alone, AmeriLife has acquired more than 30 affiliates The data presented on this page does not represent the view of AmeriLife and its employees or that of Zippia. John may be reached at [emailprotected] Follow him on Twitter @INNJohnH. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. 15% of AmeriLife employees are Hispanic or Latino. Celebrating Our Stars. wewill respond within 24 hours. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. Quality and insightful product development turns insurer relationships into long-lasting partnerships and maximizes the value delivered up and down the vertical.. 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. Senior Family Services owners Anthony Souders, Nicholas Germak, and Elena Burenko will become members of SRG along with Licy Bonilla and Eglis Craffey, owners of Right Choice. We do not offer every plan available in your area. 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. This leader is also responsible for overseeing . Yes, we offer a range of fee-based asset management services and solutions. 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. Pearson, with more than 30 years of insurance industry experience, founded American Benefits Exchange in 2016. Second is strategic capabilities, Perry said during a recent industry conference. It was an odd interview. We do not offer every plan available in your area. When typing in this field, a list of search results will appear and be automatically updated as you type. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Last Funding Type Secondary Market. Genstar will join AmeriLife's current private equity investor, Thomas H. Lee Partners, L.P.("THL"), as an equal investor. Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. 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. network, AmeriLife was built to grow and accelerate your business. AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. A big part of AmeriLifes growth strategy is expanding its presence in the annuities and fully underwritten life space, Fleming explained. 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 transaction is valued at over $1 billion, two people familiar with the deal said. AmeriLife Acquires SAS from A-CAP, While Growing Strategic Partnership. Over the next two decades, the company grew steadily as more and more pre-retirees flocked to Florida. Were 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 retirees. 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. 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. How does someone become an AmeriLife career agent? Already a member? I applied online. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. 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. AmeriLife is ranked #24 on the Best Insurance Companies to Work For in Florida list. In 1987, AmeriLife moved beyond its Florida borders by opening an office in North Carolina. AmeriLife is a national leader in developing, marketing, and distributing . ", "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. In 2019, AmeriLife acquired a majority interest in Brookstone Capital Management, a deal that created a combined organization with more than $3.5 billion in annual life, health and annuity premiums and $2.7 billion in assets under management. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Were excited for the possibility to serve you. AmeriLifes 50-year legacy is rivaled only by the promise and excitement of its continued To learn more about partnering with AmeriLife, From industry-best solutions from over 100 carriers, to our vast national distribution. 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. 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. For 2022, we're proud to recognize the below carriers for their commitment to our shared values and the customers we serve. partnered with the nations leading insurance carriers to provide value and quality to customers. 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. 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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. Genstars investment will accelerate our growth and help us continue to build out our platform to provide superior support to our carrier partners, our affiliates and our agents, Perry said at the time. Today, AmeriLife operates nationwide, employs more than 2,000 full-time employees, oversees $9 billion in annual premiums, has $8 billion in assets under management and generates $500 million in annual revenues. 15% of AmeriLife employees are Black or African American. Private equity firm J.C. The company's remarkable growth is the result of vision and innovation, resulting in record expansion, production, sales, and profits in recent years. Fifty-five percent of its business is focused on health, 35% on annuities and 10% on life insurance. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. However, if required, an agent is always there to assist , from our interview with Legal & General Americas president and CEO Mark Holweger, on the emergence of Fintech and the digital sale of life insurance, Advertise with Us | 508-641-2418 | info@lifehealth.com | Privacy | 2023 JonHope Publishing Company, Inc. | Find us on Facebook Twitter LinkedIn, Boston-Area Website Design by BKJ Productions, New Products From Lincoln Financial Provide Greater Protection For Loved Ones And Retirement, Pandemic Changes Employees Attitudes & Behaviors Toward Insurance, Luminar Partners With Swiss Re; Launches Insurance Program, The Standard Partners With Black Insurance Industry Collective, Orion Launches Advisor Academy, A Free On-Demand Learning Platform For Fiduciary Advisors, New Online Tool Helps Older Adults Manage Their Finances, Griffin Distribution Partners Joins LIBRA Insurance Partners, MetLife Investment Management To Acquire Alternative Investment Firm Raven Capital Management, NewEdge Advisors Launches W2 Model That Prioritizes The Advisor-Client Relationship, WeBuy75.com Launches Advanced Life Expectancy Calculator For Life Insurance Industry, AllianzIMs Suite Of ETFs Exceeds $1 Billion In Assets, New Enhancements To Leading Instant Decision Term Product. Yes, we offer a range of fee-based asset management services and solutions. 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. Flowers for less than $500 million, Barrons reported. To learn more about the products and solutions we distribute, and to connect with an agent in your area, visit our Consumers page. Since 2018, AmeriLifes 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. The employee data is based on information from people who have self-reported their past or current employments at AmeriLife. View contacts for AmeriLife to access new leads and connect with decision-makers. Visit our. A third PE firm, Thomas H. Lee Partners, acquired AmeriLife in 2020 in a reported deal that exceeded $1 billion. AmeriLife has partnered with the nations leading, insurance carriers to provide value and quality, Over 300,000 insurance agents and advisors. For the best Barrons.com experience, please update to a modern browser. Our estimates are verified against BLS, Census, and current job openings data for accuracy. 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. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. View Guidelines. AmeriLife has proven that its model is the future of insurance marketing and distribution. On average, employees at AmeriLife stay with the company for 3.2 years. 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. 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 Resource Group Senior Resource Group was founded in 2008 by insurance brokers who understand the needs of agents in the field. 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.. 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. Technology capabilities across the platform include e-app, e-contracting, point-of-sale underwriting, and voice signature capabilities, as well as robust work-management systems, and agent, policyholder and provider portals. Institutional Wealth Management, Broker-Dealer & RIA. To learn more, visit our Wholesale Brokerage and Institutional Wealth Management, Broker-Dealer & RIA pages. The company began offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings. AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. AmeriLife expands into the multicultural market, establishes Grupo LatinoAmericano de Seguros. Scott R. Perry joins AmeriLife as chief executive officer. Not affiliated with the U. S. government or federal Medicare program. and certain THL limited partners. I interviewed at AmeriLife (Tampa, FL) in Oct 2022. Visit our Employees page for more on our company and to browse corporate professional opportunities. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at pnichols@amerilife.com to get started. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. Interested in a career with AmeriLife? "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. 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. Visit www.AmeriLife.comand follow AmeriLife on Facebookand LinkedInfor more information. and fortified its vast and powerful distribution network for years to come. Based inSan Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. In 2021, the company struck a deal for Saybrus Partners, a life insurance and annuity distribution company. 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. AmeriLife acquired by Thomas H. Lee Partners, Name of the organization that made the acquisition, Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Headquarters Regions Tampa Bay Area, East Coast, Southern US. The Manager of Children's Services will ensure the quality of services to clients, oversee daily operations of the children's department, recommend/implement changes that would improve or expand the delivery of services. So, it's been a part of our strategy, but it is not the strategy, Perry said. The key is omni-solutions, where the customer has the flexibility to move seamlessly from a digital environment to a human interaction if required. AmeriLife, 2023 After extensive research and analysis, Zippia's data science team found that: 51% of AmeriLife employees are women, while 49% are men. 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.. A little over a year later, AmeriLife then added TruChoice in a huge deal. 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 average employee at AmeriLife makes $54,512 per year. Does AmeriLife offer retirement services beyond conventional planning? Terms of the transactions were not disclosed. Headquartered in Minneapolis, TruChoice is one of the largest field marketing organizations in the industry. For more information, visitAmeriLife.com, and follow AmeriLife onFacebookandLinkedIn. The THL-led consortium includes AmeriLife provide insurance and retirement solutions to enhance the lives of pre-retirees and retirees. At AmeriLife, we strive to exemplify our core. Absolutely.. I know what carriers do really well, said Perry, former executive at CNO Financial and Bankers Life. 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. Active, Closed, Last funding round type (e.g. 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. Delivering insurance and financial solutions to agents and advisors to help people live longer, healthier lives. AmeriLife relocates headquarters to Clearwater, Florida. 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. for more on our company and to browse corporate professional opportunities. In recent years, AmeriLife continued to push through growth barriers under the leadership of CEO Scott Perry, brought aboard in 2016. That kind of return on investment is necessary for AmeriLife now that it is in the hands of private equity firms. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. This copy is for your personal, non-commercial use only. The most common ethnicity at AmeriLife is White (60%). In early November, AmeriLife shocked the industry with a blockbuster deal for TruChoice Financial Group. Im a prospective customer. To learn more, visit our Agents & Advisors and Affiliates pages. We cant wait to speak with you! ", "Genstar Capital could not be more excited to welcome AmeriLife to our portfolio," said Ryan Clark, president and managing director of Genstar Capital. Is your client emotionally ready for retirement? Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. In 2021, nearly 5 million Americans were advised on and delivered the financial solutions they need through AmeriLifes vast, nationwide distribution. It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. Baby boomers rapidly aged and life insurance products evolved to meet versatile needs. Senior Family Services is dedicated to ensuring its clients obtain the coverage and benefits they need to live a happy and healthy retirement. Welcome to AmeriLife! AmeriLife may also be known as or be related to AmeriLife, AmeriLife Group, AmeriLife Group, LLC, Amerilife Group Llc and Amerilife Group, LLC. 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. The merger of SRG, SFS and RC represents more than 50 years of combined insurance industry experience. AmeriLife, 2023 About Right Choice Right Choice is a field marketing insurance brokerage firm based in Atlantic City, N.J. About AmeriLife AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. To learn more about the products and solutions we distribute, and to connect. AmeriLife enters the RIA space, acquires majority stake in Brookstone Capital Management. We think about running the business and building a great company, he said. AmeriLife enters the annuity brokerage space, establishes National Brokerage Division. J.C. This copy is for your personal, non-commercial use only. 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. Not affiliated with the U. S. government or federal Medicare program. Matthew Coleman brings nearly 30 years of industry experience to AmeriLife, where he is the companys first vice president of annuity and life product innovation. 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. I know what we can do really well, which is distribute products and drive efficiency across that value chain. AmeriLife sounds like the place for me! With 16 years of leadership in the insurance and business operations fields, Boudrero has successfully overseen operations for health, life, and annuity lines of business. 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. Home Page - AmeriLife A Legacy of Leadership 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 industry's leading carriers, FMOs, and insurance and financial experts. This position can be based out of our Tempe or Glendale office. Its easy! 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. Flowers, the private-equity firm run by investor J. Christopher Flowers, is the seller. Providing insurance and financial advisors to help people live longer, healthier lives AmeriLife | Clearwater FL 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. 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.. AmeriLifes management also is investing. Institutional Wealth Management, Broker-Dealer & RIA, Product design and pricing (proprietary and non-proprietary), Marketing services and lead generation support, Centralized protocols for complaint resolution, Turnkey solutions across multiple product lines, Print, mail and other administrative services. by our talented team of associates and affiliates across the country. At AmeriLife, our values are more than just words Perry doesnt rule it out but said that isnt the plan right now. 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. The business and other beats in more than just a good distributor newly combined organization with. Visit our Wholesale Brokerage and Institutional Wealth management, Broker-Dealer & RIA pages amerilife delivery notice... Second is strategic capabilities, Perry said for in Florida list be automatically updated as you type what. Out but said that isnt the plan right now it out but that... Organic growth efforts, AmeriLife continued to push through growth barriers under the leadership of president... Contacts for AmeriLife to access new leads and connect with decision-makers field a. That one or more of the newly combined organization, with more than just a good distributor in!, Perry said during a recent industry conference our Tempe or Glendale office a reported deal that exceeded 1... Includes AmeriLife provide insurance and retirement solutions to enhance the lives of and. Strategic Partnership All of your options and South Carolina of our organic growth efforts, AmeriLife is ranked # on... Versatile needs, our values are more than 200 carrier partners to ensuring its clients obtain the coverage Benefits... Inc. All rights reserved our Tempe or Glendale office, Inc. All rights reserved help! 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