OMAHA, Neb., July 29, 2020 /PRNewswire-PRWeb/ — Senior Market Gross sales® (SMS), one of many trade’s premier insurance coverage advertising organizations, has entered right into a strategic settlement to be acquired by Alliant Insurance coverage Providers, Inc., one of many nation’s largest insurance coverage and worker advantages consulting companies. The partnership positions Senior Market Gross sales to proceed its fast development and expands the attain of SMS’ premier well being and wealth platform by way of Alliant’s in depth distribution channels.
“With this deal, you’ve the premier nationwide insurance coverage advertising firm within the senior market becoming a member of forces with one of many nation’s main names in worker advantages,” mentioned Jim Summers, President of SMS. “We will leverage the strengths of each firms to create a novel new mannequin in insurance coverage distribution and maximize the assets obtainable to our brokers and companions.”
Alliant has a 95-year legacy of offering danger administration, insurance coverage, and consulting companies to hundreds of purchasers nationwide. Alliant’s core enterprise consists of worker advantages, property and casualty insurance coverage companies, middle-market brokerage, and underwriting. The Newport Seaside, California-based agency has in extra of 4,000 staff throughout greater than 100 workplaces in all main U.S. markets.
“Probably the most vital elements in selecting to associate with Alliant was the sturdy tradition match between the 2 organizations,” mentioned Hershel Kleinberg, Government Vice President of SMS. “Each SMS and Alliant have an entrepreneurial spirit, are dedicated to offering worth to our brokers, and we’re targeted on constructing and rising for the long run.”
The settlement with Alliant gives broader distribution for SMS’ best-in-class suite of well being and wealth options, which embrace Medicare options, journey insurance coverage, and monetary options. SMS’ distribution community consists of 65,000 impartial insurance coverage brokers, 1,000 profession brokers, name facilities, and a completely owned registered funding adviser (RIA) agency.
“The mission of Senior Market Gross sales will stay the identical,” Summers mentioned. “We’re devoted to serving to brokers leverage time, earn more money and put their enterprise ready of distinction. The partnership with Alliant will solely improve this, permitting us to convey extra assets, extra relationships, and extra alternatives to our brokers and advisors.”
Below the settlement, all the SMS workforce will be a part of Alliant and proceed to service brokers nationwide beneath the SMS title from its Omaha, Nebraska, headquarters. Phrases of the settlement weren’t disclosed.
About Senior Market Gross sales, Inc.
Senior Market Gross sales represents high Medicare Complement, Medicare Benefit, annuity, life, long-term care, and journey insurance coverage carriers in all 50 states. Greater than 65,000 impartial insurance coverage brokers depend on Senior Market Gross sales for proprietary know-how, aggressive insurance coverage merchandise, and knowledgeable coaching and repair to assist them leverage their time, earn more money, and put their enterprise ready of distinction. Based in 1982, Senior Market Gross sales is headquartered in Omaha, Nebraska. Go to http://www.SeniorMarketSales.com or name 1.800.786.5566 for extra info.
SOURCE Senior Market Gross sales