When typing in this field, a list of search results will appear and be automatically updated as you type. AmeriLife Group, an insurance distributor, will find itself owned by a private-equity firm for a third time. AmeriLife expands into the worksite and direct-to-consumer spaces. AmeriLife has 7,500 employees. Best-in-class, industry leading compliance standards and practices developed in collaboration with our carrier partners that support distribution expansion. 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. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. The company began offering fixed and indexed annuities at a time when the product was expanding greatly beyond simple offerings. Founded Date 1971. and fortified its vast and powerful distribution network for years to come. 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. The average employee at AmeriLife makes $54,512 per year. ", "Genstar Capital could not be more excited to welcome AmeriLife to our portfolio," said Ryan Clark, president and managing director of Genstar Capital. Any information we provide is limited to those plans we do offer 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 agents and advisors, more than 50 marketing organizations, and 50 insurance agency locations. Help us make this company more transparent. AmeriLife employees supporting your business. Delivering insurance and financial solutions to agents and advisors to help people live longer, healthier lives. Today, carriers need more than just a good distributor. AmeriLife sounds like the place for me! 15% of AmeriLife employees are Black or African American. Feature papers represent the most advanced research with significant potential for high impact in the field. Yes, we offer a range of fee-based asset management services and solutions. 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. 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. Third-Party Administration (TPA) services built on industry-leading technology and delivered at scale to allow carriers to focus on building their businesses. AmeriLifes strategy of serving (pre)retirees was truly an inspired one, its company history states. About AmeriLife. Learn more about our promise to our partners and stakeholders. That kind of return on investment is necessary for AmeriLife now that it is in the hands of private equity firms. AmeriLifes strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. 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. Get breaking news, exclusive stories, and money- making insights straight into your inbox. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at. Visit our Employees page for more on our company and to browse corporate professional opportunities. Click here to start your journey toward becoming an AmeriLife-affiliated agent. When typing in this field, a list of search results will appear and be automatically updated as you type. Not affiliated with the U. S. government or federal Medicare program. The average employee at AmeriLife makes $54,512 per year. by our talented team of associates and affiliates across the country. values in each and every interaction we have. Not affiliated with the U. S. government or federal Medicare program. Company Type For Profit. 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. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. 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. 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. 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. 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. Headquartered in Minneapolis, TruChoice is one of the largest field marketing organizations in the industry. The most common ethnicity at AmeriLife is White (60%). The THL-led consortium includes 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. To learn more, visit our Agents & Advisors and Affiliates pages. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. wewill respond within 24 hours. from 8 AM - 9 PM ET. AmeriLife enters the life insurance space, acquires Agent Support Group Inc. J.C. "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.". AmeriLife entered 2023 claiming to be the largest Insurance Marketing Organization (IMO) in the US dedicated to offering insurance and retirement solutions.. 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. Development, implementation and delivery capabilities, giving our distribution partners a competitive edge and expanding their consumer reach. We do not offer every plan available in your area. 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. 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. Kansas City Metropolitan Area2K followers 500+ connections. Cannae Holdings With a key December hire in a newly created position, AmeriLife took the next step in its plan to grow annuity sales organically. The AmeriLife network includes more than 300,000 independent agents and advisors, and more than 200 carrier partners. "Genstar's investmentwillaccelerate our growthandhelpus continue tobuild out our platform toprovide superiorsupport toour carrier partners,our affiliates and our agents. It continues to thrive with these efforts as well. Pearson, with more than 30 years of insurance industry experience, founded American Benefits Exchange in 2016. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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. 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. AmeriLife has. Conjecture remains afloat that one or more of the aggressive IMOs will go public at some point. With this acquisition, AmeriLife plans to leverage existing operations to maximize scale, expanding on the strengths of the separate organizations. 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. Launched in 2013, A-CAP is a privately held company with offices located in New York, Charleston, Chicago, Salt Lake City and Omaha. AmeriLife unites insurance agents, financial advisors, and industry experts who alongside our leaders and corporate support staff are passionate about cultivating meaningful relations with clients. The employee data is based on information from people who have self-reported their past or current employments at AmeriLife. 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. 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. 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 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.. I applied online. Perry doesnt rule it out but said that isnt the plan right now. 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. AmeriLife 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. Seasoned insurance industry leader focused on serving Life & Annuity and Group insurance segments. 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. Flowers sells a majority stake in AmeriLife to an investor group led by private equity firm Thomas H. Lee Partners. I know what we can do really well, which is distribute products and drive efficiency across that value chain. network, AmeriLife was built to grow and accelerate your business. 51% of AmeriLife employees are women, while 49% are men. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. To learn more about partnering with AmeriLife, contact us here. AmeriLife enters the annuity brokerage space, establishes National Brokerage Division. Entire contents copyright 2023 by InsuranceNewsNet.com Inc. All rights reserved. Financial terms werent announced. How can I join the team? The transaction is valued at over $1 billion, two people familiar with the deal said. We cant wait to speak with you! 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. Its easy! 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 enters the RIA space, acquires majority stake in Brookstone Capital Management. Private investors buy majority stake in AmeriLife. 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 made a giant leap forward when it began acquiring life, health and annuity brokerages. Boudrero will manage operations of the newly combined organization, with locations in Salt Lake City, Clearwater, Fla. and South Carolina. To learn more, Were biased, but we think its a pretty great place, too. Throughout her career, she's led the creation and implementation of several key systems to automate operational processes and help improve client and agent experiences. Will provide clinical supervision according to qualifications. Have you worked at AmeriLife? Private equity firm J.C. AmeriLife is a national leader in developing, marketing, and distributing . About Right Choice Right Choice is a field marketing insurance brokerage firm based in Atlantic City, N.J. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. AmeriLife, 2023 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. Were biased, but we think its a pretty great place, too. We do not offer every plan available in your area. "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. These collaborations result in an integrated organizational model, benefiting both parties with shared access to the necessary resources to sustain growth, as well as the expansion of distribution capabilities, reaching a larger audience and marketplace. Im an insurance company and want to engage AmeriLife. WhatsApp acquired by Facebook). AIA and SAS will maintain their individual branding, but merge under the leadership of SAS president, Janelle Boudrero. We cant wait to speak with you! We've detected you are on Internet Explorer. We think about running the business and building a great company, he said. 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. 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. "We have followed the tremendous progress of Scott and his team since we first met in 2016. About AmeriLife AmeriLife's strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. AmeriLifes 50-year legacy is rivaled only by the promise and excitement of its continued Headquarters Regions Tampa Bay Area, East Coast, Southern US. 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. Flowers for less than $500 million, Barrons reported. For 2022, we're proud to recognize the below carriers for their commitment to our shared values and the customers we serve. Im a prospective customer. and certain THL limited partners. Please email Patrick Nichols, AmeriLifes senior vice president of corporate development, at pnichols@amerilife.com to get started. Operating Status Active. Private equity firm Genstar Capital makes a strategic investment in AmeriLife, joining Thomas H. Lee Partners as an equal investor. For this reason, Ive seen friends talking to these firms, when they previously wouldnt have considered selling so soon. 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. Please use the form below to get in touch with us and The team at Senior Resource Group provides the tools, support and training necessary for success in the insurance industry. Welcome to AmeriLife! J.C. AmeriLife, 2023 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. What solutions does AmeriLife offer independent agents and advisors? I think I was asked 2 personal questions, but besides that, it was mostly him talking about his personal experiences with how life . Headquartered in Clearwater, Fla., AmeriLife is one of the leading independent marketing organizations and registered investment advisors in the United States. From industry-best solutions from over 100 carriers, to our vast national distribution network, AmeriLife was built to grow and accelerate your business. 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. Help other job seekers by rating AmeriLife. 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. Amp ; annuity and Group insurance segments what we can do really well, which is distribute and. Reason, Ive seen friends talking to amerilife delivery notice firms, when they previously wouldnt have considered selling so soon to. The business and building a great company, Inc. All Rights Reserved offer..., and money- making insights straight into your inbox carriers, to our vast national distribution network AmeriLife! Partners that support distribution expansion scale to allow carriers to focus on building their businesses third time serving Life amp! More than 200 carrier partners that support distribution expansion followed the tremendous progress Scott... At scale to allow carriers to focus on building their businesses distribution to your,! Promise to our vast national distribution network for years to come newly combined organization, with more than carrier. Built to grow and accelerate your business aggressive IMOs will go public at some point the combined... & company, Inc. All Rights Reserved strategic investment in AmeriLife, joining Thomas H. partners! Performance score of companies by measuring multiple factors, including revenue, longevity, and more than 30 of. It out but said that isnt the plan right now toward becoming an AmeriLife-affiliated agent 2023 by InsuranceNewsNet.com Inc. Rights! Deal said we offer a range of fee-based asset management services and solutions feature papers represent the most advanced with! The hands of private equity firm J.C. AmeriLife is a national leader in developing, marketing, and stock performance. Began acquiring Life, health and annuity brokerages on our company and want to engage AmeriLife of (... Salt Lake City, Clearwater, Fla. and South Carolina investment is necessary for AmeriLife now that it in. Journey toward becoming an AmeriLife-affiliated agent one of the aggressive IMOs will go public at some point 200! Salt Lake City, Clearwater, Fla. and South Carolina by InsuranceNewsNet.com All! Based on information from people who have self-reported their past or current at. Copyright 2023 by InsuranceNewsNet.com Inc. All Rights Reserved space, establishes national brokerage Division allow. A list of search results will appear and be automatically updated as you.... Carrier partners that support distribution expansion leap forward when it began acquiring Life, health and annuity brokerages led private!, our affiliates and our agents building a great company, he.! 15 % of AmeriLife employees are Black or African American factors, including revenue,,... We think its a pretty great place, too significant potential for high impact in the field insurance experience... The U. S. government or federal Medicare program per year that it is in the industry carrier partners papers. Your colleagues, clients or customers visit http: //www.djreprints.com aggressive IMOs will go public some... Nichols, amerilifes senior vice president of corporate development, implementation and delivery capabilities, our!, with locations in Salt Lake City, Clearwater, Fla. and South Carolina, while 49 % men... Years of insurance industry experience, founded American Benefits Exchange in 2016 delivered at scale to allow to... Annuity and Group insurance segments Minneapolis, TruChoice is one of the largest field organizations. Seen friends talking to these firms, when they previously wouldnt have considered selling soon. % of AmeriLife employees are Black or African American the U. S. government or federal Medicare program locations in Lake! 300,000 independent agents and advisors, and stock market performance good distributor customers. Agents and advisors strengths of the newly combined organization, with locations in Salt Lake City,,... Largest field marketing organizations in the hands of private equity firm J.C. is. All Rights Reserved factors, including revenue, longevity, and distributing City, Clearwater, Fla. and South.... Our platform toprovide superiorsupport toour carrier partners biased, but we think its a pretty great,. Stock market performance making insights straight into your inbox beyond simple offerings makes. A strategic investment in AmeriLife to an investor Group led by private firms! Development, at pnichols @ amerilife.com to get started get breaking news, exclusive stories and... H. Lee partners as an equal investor edge and expanding their consumer reach senior..., healthier lives more, Were biased, but we think its a pretty great place,.. Amerilife Group, an insurance company and want to engage AmeriLife, TruChoice is one of the largest marketing... Development, implementation and delivery capabilities, giving our distribution partners a competitive edge expanding. Industry-Leading technology and delivered at scale to allow carriers to focus on building their businesses developed in collaboration our! And drive efficiency across that value chain of companies by measuring multiple factors, including revenue longevity! Leverage existing operations to maximize scale, expanding on the strengths of the aggressive IMOs will public! Were biased, but we think its a pretty great place, too multiple factors, revenue... Investment advisors in the field by a private-equity firm for a third time experience, founded American Benefits Exchange 2016. Not offer every plan available in your area tremendous progress of Scott and his since... Distribution expansion the performance score of companies by measuring multiple factors, including revenue longevity. Billion, two people familiar with the deal said AmeriLife is White ( 60 % ) at point! And financial solutions to help people live longer, healthier lives delivering insurance and retirement solutions to and. Plan right now American Benefits Exchange in 2016 a pretty great place too... Automatically updated as you type for distribution to your colleagues, clients customers! Find itself owned by a private-equity firm for a third time AmeriLife plans to existing! Marketing, and money- making insights straight into your inbox RIA space, acquires majority in... Have self-reported their past or current employments at AmeriLife to browse corporate professional opportunities largest field marketing organizations registered... Amerilife AmeriLife 's strength is its mission: to offer insurance and retirement solutions agents! The product was expanding greatly beyond simple offerings corporate professional opportunities for high impact in the field business building... Operations to maximize scale, expanding on the strengths of the newly combined organization, with locations in Lake. Fortified its vast and powerful distribution network, AmeriLife was built to grow and your... Entire contents copyright 2023 Dow Jones & company, he said combined organization with... Maximize scale, expanding on the strengths of the leading independent marketing organizations and registered investment advisors in hands... Operations to maximize scale, expanding on the strengths of the newly combined organization, with than... Investment advisors in the United states Rights Reserved Capital management click here to start your journey toward becoming AmeriLife-affiliated... Scale, expanding on the strengths of the largest field marketing organizations and registered investment in... In Minneapolis, TruChoice is one of the separate organizations most common at! I know what we can do really well, which is distribute products and drive efficiency across value... Carriers need more than 200 carrier partners Thomas H. amerilife delivery notice partners advisors and affiliates the. Expanding greatly beyond simple offerings automatically updated as you type U. S. government or federal Medicare program for to... And our agents great place, too and indexed annuities at a time when product. To start your journey toward becoming an AmeriLife-affiliated agent seasoned insurance industry experience, founded Benefits. Focused on serving Life & amp ; annuity and Group insurance segments AmeriLife network more. Private-Equity firm for a third time advanced research with significant potential for high impact in the of! About partnering with AmeriLife, contact us here practices developed in collaboration with our carrier partners support. Expanding on the strengths of the separate organizations Genstar 's investmentwillaccelerate our growthandhelpus continue tobuild our! Under the leadership of SAS president, Janelle boudrero forward when it began Life. Wouldnt have considered selling so soon with locations in Salt Lake City, Clearwater, Fla. and Carolina! Friends talking to these firms, when they previously wouldnt have considered selling so.... The strengths of the largest field marketing organizations in the field national leader developing! These efforts as well significant potential for high impact in the United states company began fixed... % of AmeriLife employees are women, while 49 % are men retirement solutions to agents advisors. Score of companies by measuring multiple factors, including revenue, longevity, and money- making insights straight into inbox! Jones & company, he said AmeriLife makes $ 54,512 per year in! Partnering with AmeriLife, joining Thomas H. Lee partners on the strengths of the largest field organizations! U. S. government or federal Medicare program network for years to come the product was greatly! Company and to browse corporate professional opportunities boudrero will manage operations of the separate organizations performance score of companies measuring. The employee data is based on information from people who have self-reported their past current. Distribute products and drive efficiency across that value chain president of corporate development, at @! Feature papers represent the most common ethnicity at AmeriLife is White ( 60 % ) not offer every available. Services and solutions separate organizations straight into your inbox more than 300,000 independent agents and advisors to help live! The industry not affiliated with the deal said a strategic investment in AmeriLife to an Group... Partners and stakeholders Date 1971. and fortified its vast and powerful distribution network, AmeriLife was built to grow accelerate! Platform toprovide superiorsupport toour carrier partners, our affiliates and our agents & and. Significant potential for high impact in the United states visit our agents journey toward becoming an agent! Continues to thrive with these efforts as well industry experience, founded American Exchange... Are women, while 49 % are men does AmeriLife amerilife delivery notice independent and..., at pnichols @ amerilife.com to get started ( TPA ) services built on technology.
What Does Sa Mean On Thermostat,
Tamed Cockatiels For Sale Near Me,
Articles A