Integration further strengthens SMA’s downline portfolio of high-performing companies.
Senior Market Advisors (SMA), one of the fastest growing field marketing organizations (FMO) in the insurance space and an affiliate of AmeriLife Group, LLC (“AmeriLife”), announced today that it has acquired an interest in Mullen Insurance Services (MIS), a family owned-and-operated insurance agency that specializes in the distribution of Medicare Advantage and Prescription Drug Plan (PDP) solutions throughout the southwest United States. The partnership expands SMA’s geographical footprint in the region and will allow SMA to leverage MIS’ long-standing relationships with top insurance carriers in its markets. Per the agreement, terms of the deal were not disclosed.
“I met James Mullen in 2006 when I was working with one of the first Chronic-Illness Special Needs Plans in the country,” said Brandon Clay CEO of Senior Market Advisors. “His agency became one of our most productive partners and he helped that small start-up grow quickly – his contribution is something I have never forgotten.
“I always admired his commitment to family, and today his daughters, Suzann Faulkner and Amanda Strasner, are a major part of the family business. We are truly excited and grateful to welcome Mullen Insurance Services to Senior Market Advisors’ growing family.”
Mullen Insurance Services, which was founded in 1987, will continue to operate as a stand-alone organization as part of SMA’s downline; it will also continue to be led by its founder, president and CEO James Mullen, reporting to Clay, and based at its Newhope, Arkansas, headquarters.