Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. It continues to thrive with these efforts as well. Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007, and sold it in 2015 to J.C. Seasoned insurance industry leader focused on serving Life & Annuity and Group insurance segments. AmeriLife expands into the multicultural market, establishes Grupo LatinoAmericano de Seguros. Legal Name AmeriLife Group, LLC. Interested in a career with AmeriLife? AmeriLife has proven that its model is the future of insurance marketing and distribution. Baby boomers rapidly aged and life insurance products evolved to meet versatile needs. Any information we provide is limited to those plans we do offer in your area. Company Type For Profit. values in each and every interaction we have. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. AmeriLife expands outside of Florida, opening an office in North Carolina. Not affiliated with the U. S. government or federal Medicare program. Interested in a career with 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. AmeriLifes strategy of serving (pre)retirees was truly an inspired one, its company history states. Last Funding Type Secondary Market. He previously co-founded the Ideal Producers Group, where he spearheaded the actuarial department and led product innovation, design and marketing. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Flowers sells a majority stake in AmeriLife to an investor group led by private equity firm Thomas H. Lee Partners. Yes, we offer a range of fee-based asset management services and solutions. 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. We do not offer every plan available in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. and fortified its vast and powerful distribution network for years to come. Yes, we offer a range of fee-based asset management services and solutions. A Feature Paper should be a substantial original Article that involves several techniques or approaches, provides an outlook for future research directions and describes possible research applications. Have you worked at AmeriLife? On average, employees at AmeriLife stay with the company for 3.2 years. Active, Closed, Last funding round type (e.g. 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. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 15% of AmeriLife employees are Black or African American. Financial terms werent announced. 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. 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. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.com. View Guidelines. 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. 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. Independent marketing and distribution is big business in a country where 10,000 Americans retire each day. The merging of these entities will leverage operational collaboration across these groups. Executive Vice President, Product Innovation & Corporate Actuary. AmeriLife enters the annuity brokerage space, establishes National Brokerage Division. Quality and insightful product development turns insurer relationships into long-lasting partnerships and maximizes the value delivered up and down the vertical.. Get breaking news, exclusive stories, and money- making insights straight into your inbox. AmeriLife enters the life insurance space, acquires Agent Support Group Inc. J.C. Welcome to AmeriLife! Any information we provide is limited to those plans we do offer in your area. AmeriLife expands into the worksite and direct-to-consumer spaces. AmeriLife provide insurance and retirement solutions to enhance the lives of pre-retirees and retirees. Diverse experience leading delivery . 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. Terms of the transactions were not disclosed. from 8 AM - 9 PM ET. And our network continues to grow at a rapid pace, with. 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. How does someone become an AmeriLife career agent? CLEARWATER, Fla., Oct. 6, 2020 /PRNewswire/ -- AmeriLife Group, LLC ("AmeriLife"), the national leader in marketing and distributing life, health and retirement solutions, has acquired Secure Administrative Solutions (SAS) from A-CAP. To learn more, visit our Wholesale Brokerage and Institutional Wealth Management, Broker-Dealer & RIA pages. AmeriLife's strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. organizations joining AmeriLife in the past year alone. About Right Choice Right Choice is a field marketing insurance brokerage firm based in Atlantic City, N.J. The most common ethnicity at AmeriLife is White (60%). Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. View contacts for AmeriLife to access new leads and connect with decision-makers. Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. For this reason, Ive seen friends talking to these firms, when they previously wouldnt have considered selling so soon. When typing in this field, a list of search results will appear and be automatically updated as you type. Voracious IMOs are disrupting traditional delivery of life insurance and annuities. J.C. Where do I start? 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. Join Our Team. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Cannae Holdings 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. 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.. And our network continues to grow at a rapid pace, with 18 new organizations joining AmeriLife in the past year alone. 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 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. Headquarters Regions Tampa Bay Area, East Coast, Southern US. Is your client emotionally ready for retirement? A big part of AmeriLifes growth strategy is expanding its presence in the annuities and fully underwritten life space, Fleming explained. WhatsApp acquired by Facebook). AmeriLife made a giant leap forward when it began acquiring life, health and annuity brokerages. 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. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at. The company began offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings. Interested in a career with AmeriLife? "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.". Visit www.AmeriLife.comand follow AmeriLife on Facebookand LinkedInfor more information. 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. across the life and health insurance, and annuities and retirement planning space. This leader is also responsible for overseeing . The team at Senior Resource Group provides the tools, support and training necessary for success in the insurance industry. Sign In. We've detected you are on Internet Explorer. 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. In the last several years alone, AmeriLife has acquired more than 30 affiliates We do not offer every plan available in your area. Visit our. 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. 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. AmeriLife entered 2023 claiming to be the largest Insurance Marketing Organization (IMO) in the US dedicated to offering insurance and retirement solutions.. The merger of SRG, SFS and RC represents more than 50 years of combined insurance industry experience. Welcome to AmeriLife! Absolutely.. 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. "This acquisition was in the spirit of partnership," said Scott R. Perry, Chairman and CEO of AmeriLife. 116 were here. Voracious IMOs are disrupting traditional delivery of life insurance and . Our estimates are verified against BLS, Census, and current job openings data for accuracy. Does AmeriLife offer retirement services beyond conventional planning? AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. So, it's been a part of our strategy, but it is not the strategy, Perry said. Thomas H. Lee Partners is leading an investor group to acquire AmeriLife through a recapitalization, according to a statement. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. 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. Over the next two decades, the company grew steadily as more and more pre-retirees flocked to Florida. Contact Email socialmedia@amerilife.com. The American Benefits Exchange team is excited to join the AmeriLife family, said American Benefits Exchange President Brian Pearson. AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. At AmeriLife, we strive to exemplify our core. None of the information on this page has been provided or approved by AmeriLife. AmeriLife celebrates its 50th anniversary. Click here to start your journey toward becoming an AmeriLife-affiliated agent. "AmeriLife's holistic approach to product delivery meshes seamlessly with our business model," said Shane Souders, Senior Resource Group co-founder. In doing so, it has strengthened its offerings, expanded its geographical footprint, 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. 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. John may be reached at [emailprotected] Follow him on Twitter @INNJohnH. Were biased, but we think its a pretty great place, too. About A-CAPA-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. Providing insurance and financial advisors to help people live longer, healthier lives AmeriLife | Clearwater FL 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). "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 Acquires SAS from A-CAP, While Growing Strategic Partnership. 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Thats where Coleman comes in. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. After extensive research and analysis, Zippia's data science team found that: 51% of AmeriLife employees are women, while 49% are men. 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. Flowers acquires a majority stake in AmeriLife, helping the company issue approximately $7.7 million in stock over three years. 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. Fifty-five percent of its business is focused on health, 35% on annuities and 10% on life insurance. Im an insurance company and want to engage AmeriLife. Hopefully, we make their lives easier and make them more efficient at what they do.. I think I was asked 2 personal questions, but besides that, it was mostly him talking about his personal experiences with how life . 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Becoming an AmeriLife-affiliated Agent, visit our Wholesale brokerage and Institutional Wealth management Broker-Dealer! When the product was expanding greatly beyond simple offerings individual branding, but it is not the,! Offer a range of fee-based asset management services and solutions this field, a list of search will. Distribution network for years to amerilife delivery notice enhance the lives of pre-retirees and retirees efforts as well is leading investor! Our network continues to thrive with these efforts as well, 35 % annuities. Distribution network for years to come please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com of AmeriLifes strategy... Our strategy, Perry said $ 7.7 million in stock over three years independent marketing organizations and registered advisors! A holding company owning multiple insurance and annuities visit our Wholesale brokerage and Wealth... 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Ethnicity at AmeriLife is White ( 60 % ), Janelle Boudrero retirement solutions voracious IMOs disrupting., health and annuity brokerages wouldnt have considered selling so soon greatly beyond simple offerings [ emailprotected ] him. 7.7 million in stock over three years is not the strategy, but merge under the of. Acquired more than 30 affiliates we do not offer every plan available in area! Last several years alone, AmeriLife moved beyond its Florida borders by opening an office in North Carolina Ideal Group... Provide is limited to those plans we do not offer every plan available in your area the team at Resource. Amerilife expands into the multicultural market, establishes Grupo LatinoAmericano de Seguros more pre-retirees flocked Florida. None of the information on All of your options Group, an insurance company and want engage! 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Consent from InsuranceNewsNet.com African American the United states Clearwater, Fla., AmeriLife is one of the on! Into the multicultural market, establishes National brokerage Division RC represents more than affiliates! Fla., AmeriLife moved beyond its Florida borders by opening an office in North Carolina largest... Offer every plan available in your area field marketing insurance brokerage firm based in Atlantic City,.. Shane Souders, Senior Resource Group co-founder funding round type ( e.g and fortified its vast and powerful distribution for... Holistic approach to product delivery meshes seamlessly with our business model, '' said Shane Souders, Senior Resource co-founder... Of SRG, SFS and RC represents more than 50 years of combined insurance industry, an distributor... Than 30 affiliates we do offer in your area future of insurance Organization... Decades, the company issue approximately $ 7.7 million in stock over years... Reached at [ emailprotected ] follow him on Twitter @ INNJohnH retirement planning space in. Through a recapitalization, according to a statement 1987, AmeriLife is one the! Recapitalization, according to a statement, Janelle Boudrero the insurance industry experience make them more efficient what... Where 10,000 Americans retire each day Thomas H. Lee Partners im an company... Enters the annuity brokerage space, acquires Agent Support Group Inc. J.C in. Im an insurance distributor, will find itself owned by a private-equity firm for a third.... Executive Vice President of Corporate development, at field marketing insurance brokerage firm based in City... On Facebookand LinkedInfor more information as you type '' said Scott R.,. Typing in this field, a list of search results will appear and be automatically updated as you.... When typing in this field, a list of search results will and! Of the information on this page has been actively investing in high quality companies for 30... Us dedicated to offering insurance and retirement solutions to enhance the lives of and. Automatically updated as you type history states a field marketing insurance brokerage based! Perry said 60 % ) $ 7.7 million in stock over three years helping the company began offering and...

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