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Amerilife

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AmeriLife Company Research Report



Company Overview



  • Name: AmeriLife

  • Mission: To provide insurance and retirement solutions to help people live longer, healthier lives.

  • Foundation Information:

  • Founded in 1971 in Holiday, Florida.

  • Key milestones include entering the annuity brokerage space in 1983 and expanding outside Florida in 1987, relocating the headquarters to Clearwater, Florida in 1990.

  • Celebrated its 50th anniversary in 2021.

  • Key People:

  • Scott R. Perry, Chairman & Chief Executive Officer

  • Kiersten Burstiner, Chief Human Resources Officer

  • Jim Quinn, Chief Financial Officer

  • Tim Calvert, Chief Operating Officer

  • Gideon Moore, Chief Legal Officer

  • Michael Tobitsch, Executive Vice President & Head of Corporate Development

  • Headquarters: Clearwater, Florida

  • Number of Employees: Approximately 2,250

  • Revenue: No specific revenue data is provided, but it is noted that $7.5 billion in assets are under RIA management.

  • Notable Features: AmeriLife is known for its extensive network of over 300,000 client-centered agents and advisors, its leadership in life and health insurance, annuities and retirement planning solutions, as well as partnerships with leading carriers and FMOs.


Products



  • Portfolio Overview:

  • AmeriLife offers life and health insurance, annuities, and retirement planning solutions.

  • The company has a robust distribution network and provides innovative solutions that enhance lives and set industry standards.


  • Key Features:

  • Products are distributed through a network of 70 marketing organizations and 50 insurance agency locations.

  • The company utilizes technology platforms like Agent Xcelerator® to empower thousands of agents with smart lead scoring and real-time sales analytics.


Recent Developments



  • New Products and Partnerships:

  • In 2023, AmeriLife formed the AmeriLife Gives Back Foundation, a foundation partnership with the Honor Flight Network, marking its commitment to enterprise-wide giving initiatives.

  • Announcements related to innovative solutions like partnership with Axis Medicare Advisors and the launch of LeadStar Direct for enhanced lead generation.

  • Strategic Investments and Expansion:

  • In 2022, Genstar Capital made a strategic investment in AmeriLife, joining Thomas H. Lee Partners as an equal investor.

  • AmeriLife has made several mergers and acquisitions to expand its market position, such as the acquisition of WerksGroup and partnerships with organizations like MCC Brokerage and Insurance Services LLC.

  • Leadership Changes:

  • The appointment of key executives such as Gideon Moore as Chief Legal Officer and Jeffrey P. Halperin as Chief Risk and Compliance Officer reflects strategic leadership strengthening.


Conclusion



In summary, AmeriLife stands as a leader in the insurance and financial solutions sector with a well-rounded approach towards expanding their service offerings, enhancing technological capabilities, and continuing to forge meaningful partnerships. Through strategic acquisitions and investments, the company has strengthened its offerings, expanded its geographical footprint, and fortified its already vast distribution network, maintaining a strong growth trajectory.