Partnership will expand AmeriLife distribution capabilities.
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.
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. 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.
“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. “Our partnership will support American Benefits Exchange’s mission by leveraging a holistic approach to product delivery and expanding the company’s distribution footprint.”
This acquisition furthers AmeriLife’s strategic focus in partnering with independent insurance professionals, financial advisors and marketing organizations with solid foundations for growth. 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.
“The American Benefits Exchange team is excited to join the AmeriLife family,” said American Benefits Exchange President Brian Pearson. “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.”
Pearson, with more than 30 years of insurance industry experience, founded American Benefits Exchange in 2016. 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. Pearson will continue to lead American Benefits Exchange as President, while also serving as a principal and member of the AmeriLife Life & Health Brokerage Distribution division.