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. 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. The company's remarkable growth is the result of vision and innovation, resulting in record expansion, production, sales, and profits in recent years. wewill respond within 24 hours. AmeriLife expands into the multicultural market, establishes Grupo LatinoAmericano de Seguros. This copy is for your personal, non-commercial use only. Genstar will join AmeriLife's current private equity investor, Thomas H. Lee Partners, L.P.("THL"), as an equal investor. She also brings experience in supporting the development and successful launch of new annuity products. Yes, we offer a range of fee-based asset management services and solutions. AmeriLife expands into the worksite and direct-to-consumer spaces. We cant wait to speak with you! 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. "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.". Institutional Wealth Management, Broker-Dealer & RIA pages. 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. 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. AmeriLife may also be known as or be related to AmeriLife, AmeriLife Group, AmeriLife Group, LLC, Amerilife Group Llc and Amerilife Group, LLC. 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. Voracious IMOs are disrupting traditional delivery of life insurance and annuities. How can I join the team? In doing so, AmeriLife has become recognized as the leader in . AmeriLife is ranked #24 on the Best Insurance Companies to Work For in Florida list. I interviewed at AmeriLife (Tampa, FL) in Oct 2022. Today, carriers need more than just a good distributor. 116 were here. This leader is also responsible for overseeing . 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. "Genstar's investmentwillaccelerate our growthandhelpus continue tobuild out our platform toprovide superiorsupport toour carrier partners,our affiliates and our agents. AmeriLife is a national leader in developing, marketing, and distributing . The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. Who do I contact? 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.. About Right Choice Right Choice is a field marketing insurance brokerage firm based in Atlantic City, N.J. To learn more, Were biased, but we think its a pretty great place, too. AmeriLifes strategy of serving (pre)retirees was truly an inspired one, its company history states. Thats where Coleman comes in. 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. 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. Please use the form below to get in touch with us and Independent marketing and distribution is big business in a country where 10,000 Americans retire each day. "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. from 8 AM - 9 PM ET. 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'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. Learn more about our promise to our partners and stakeholders. 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. 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 most common ethnicity at AmeriLife is White (60%). 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 Does AmeriLife offer retirement services beyond conventional planning? John may be reached at [emailprotected] Follow him on Twitter @INNJohnH. 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. It is hard to compete against an Integrity, Simplicity, or AmeriLife in terms of sales, and therefore annuity commission payouts, she said. This copy is for your personal, non-commercial use only. Flowers for less than $500 million, Barrons reported. How does someone become an AmeriLife career agent? 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. help people live longer, healthier and more secure lives. Hopefully, we make their lives easier and make them more efficient at what they do.. With a key December hire in a newly created position, AmeriLife took the next step in its plan to grow annuity sales organically. Active, Closed, Last funding round type (e.g. AmeriLife competitors include Pacific Benefit Consultants, Arrow Insurance Management, Independent Insurance Agents & Brokers of America, United Insurance Agencies, Freeway Insurance, United Insurance Company of America, Pyramid Life Insurance Company, Combined Insurance, Liberty Insurance Agency, Lighthouse Insurance Group, Strong Family Financial, Monumental Life Insurance, Answer Financial, American Senior Benefits, Senior Life Insurance, Ideal Concepts, Altig - American Income Life Insurance Company, delta insurance, Asurea, PMA USA. I think I was asked 2 personal questions, but besides that, it was mostly him talking about his personal experiences with how life . From industry-best solutions from over 100 carriers, to our vast national distribution network, AmeriLife was built to grow and accelerate your business. At AmeriLife, we believe that the journey to accelerated, sustainable business growth is rooted in an active partnership and a commitment to collaboration, innovation, and personal and professional development. When typing in this field, a list of search results will appear and be automatically updated as you type. 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They need a partner with a legacy of multi-product innovation, commitment to collaboration, and focus on delivering enhanced value to its distribution and, ultimately, consumers. A lioness in the industry With Angie Ribuffo, Find out how you can submit The average employee at AmeriLife makes $54,512 per year. by our talented team of associates and affiliates across the country. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. About AmeriLife. This position can be based out of our Tempe or Glendale office. 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. 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 last two years,AmeriLifehasrapidlygrown its affiliate baseand invested heavily inbest-in-classshared resources and supportto fuelourtremendous organic growth," said Scott R. Perry, chairman and CEO of AmeriLife. AmeriLife, 2023 Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. Operating Status Active. AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. Institutional Wealth Management, Broker-Dealer & RIA. The transaction is valued at over $1 billion, two people familiar with the deal said. from 8 AM - 9 PM ET. Join Our Team. Private equity firm J.C. The data presented on this page does not represent the view of AmeriLife and its employees or that of Zippia. Executive Vice President, Product Innovation & Corporate Actuary. None of the information on this page has been provided or approved by AmeriLife. 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.. AmeriLife, 2023 AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. Kansas City Metropolitan Area2K followers 500+ connections. wewill respond within 24 hours. Over the next two decades, the company grew steadily as more and more pre-retirees flocked to Florida. Im a prospective customer. Welcome to 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. AmeriLife employees supporting your business. Financial terms werent announced. 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. 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. Using a database of 30 million profiles, Zippia estimates demographics and statistics for AmeriLife. In 2021, nearly 5 million Americans were advised on and delivered the financial solutions they need through AmeriLifes vast, nationwide distribution. 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 enters the RIA space, acquires majority stake in Brookstone Capital Management. 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. 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