Strategic acquisition expands remote selling capabilities within the Medicare Advantage market
CLEARWATER, Fla. – February 28, 2022 – AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, continued to enhance and strengthen its industry-leading distribution coverage by announcing today that it has partnered with Platinum Choice Healthcare, a Boca Raton, Florida-based national field marketing organization (FMO) that specializes in the distribution of Medicare Advantage products. Per the agreement, terms of the deal were not disclosed.
“We’re honored to join AmeriLife and be a part of such a dynamic and successful team,” said Joshua Bock, co-president of Platinum Choice Healthcare. “Time and again, AmeriLife has shown that it cares deeply for its partners, providing them with the support they to exceed their every ambition. We’re thrilled for the road ahead.”
“The opportunities in front of us to expand our business are boundless,” added Gregg Jaffy, co-president of Platinum Choice Healthcare. “This is the perfect time in our history to join forces with a partner that understands how to drive real growth and help us do what we do best. The sky is truly the limit for Platinum Choice Healthcare with AmeriLife.”
Founded in 2015, Platinum Choice Healthcare operates a direct-to-consumer model with extensive remote selling capabilities that has propelled its production and top and bottom-line growth. Platinum Choice Healthcare has a salesforce of more than 110 agents with ambitions to aggressively expand its roster over the next 12 months, and is coming off a year in which the company placed more than 30,000 Medicare Advantage policies, including an impressive 91% year-over-year growth during Medicare’s Annual Enrollment Period.
“Platinum Choice Healthcare has been on the fast track to success for some time, and we’re excited to help them accelerate their growth and take their business to the next level,” said Scotty Elliott, president of AmeriLife’s Life & Health Brokerage Distribution. “On behalf of our team, I want to welcome Joshua, Gregg and their team to the AmeriLife family. I couldn’t be more excited for our collective future together.”
Platinum Choice Healthcare will continue to operate as a stand-alone business, based out of its Boca Raton, Florida, headquarters. The company will also continue to be led by Bock and Jaffy, reporting to Elliott.