AmeriLife Group has acquired a majority stake in Wisconsin-based insurance marketing organization Jack Schroeder and Associates (JSA) for an undisclosed price.
Headquartered in Green Bay, Jack Schroeder and Associates is said to have more than 48 years of experience and expert knowledge in Medicare brokerage. The company is said to help independent insurance agents get access to some of the leading senior health insurance products in the US.
Brian T. Schroeder – Jack Schroeder and Associates Chairman and CEO will retain a significant ownership position in the insurance marketing organization, apart from serving as a principal and member of the management team with the life and health brokerage distribution channel of AmeriLife Group.
Based in Florida, AmeriLife provides insurance marketing and brokerage services for annuity, life, and health insurance products. The company expects Jack Schroeder and Associates to significantly grow driven by the combination of its industry-leading resources and that of its own.
Brian T. Schroeder said: “We heard about all that AmeriLife could offer national marketing organizations, like ours, through a respected network of industry professionals. The JSA team is excited to partner with AmeriLife as we continue to grow and adapt to the changing needs in the insurance and healthcare industries.
“Our agents and their customers know they can rely on us to help them succeed – whatever comes next – and AmeriLife provides the best platform in the industry to help us accomplish that.”
AmeriLife said that the transaction with Jack Schroeder and Associates along with the recent acquisitions of Stephens-Matthews, further grows its capabilities and distribution presence to cope up with the Medicare and life insurance requirements of retirees in the country.
Scott R. Perry – CEO of AmeriLife said: “Jack Schroeder was an icon in the industry. He passed his knowledge and devotion to serving agents with a ‘get-it-done’ attitude to Brian. Brian, along with the outstanding management team he has assembled, continues to earn the trust and commitment of their agents.
“We are excited and honored to have the opportunity to support and partner with JSA in this next chapter of their growth and evolution as an industry leader in the Medicare space.”
AmeriLife Group acquires majority stake in Jack Schroeder and Associates added by Pallavi Madhiraju on
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