CLEARWATER, Fla. – August 27, 2021 — AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, announced today that it has closed on its acquisition of Saybrus Partners, LLC (“Saybrus”), a life insurance and annuity distribution company, from Nassau Financial Group (“Nassau”). Per the agreement, terms of the deal were not disclosed.
“We’re excited to officially open this new chapter with Saybrus Partners and continue our work of delivering industry-leading life and annuities solutions,” said Scott R. Perry, chairman and CEO of AmeriLife. “I want to thank Nassau’s Phil Gass, Saybrus’ Edward Cassidy and his management team, and all of our transaction partners for their support and hard work in shepherding the coming together of Saybrus Partners and AmeriLife.”
As previously announced, Saybrus will continue to operate as a stand-alone organization and brand. Edward Cassidy, along with Aziz Ali, Moira Lowe, and the rest of the Saybrus management team, will continue to lead Saybrus from its Hartford, Conn., headquarters.
AmeriLife’s strength is its mission: to offer insurance and retirement solutions to help people live longer, healthier lives. By putting its mission into practice, AmeriLife has become recognized as 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. For 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 200,000 insurance agents and advisors, 35 marketing organizations, and nearly 60 insurance agency locations. Visit www.AmeriLife.com and follow AmeriLife on Facebook and LinkedIn for more information.