Integrity Marketing Group, a distributor of life and health insurance products to the US Senior Market, has wrapped up the acquisition of Medicare Advantage Specialists, as per the latest insurance acquisition news.

Financial terms of the deal were not revealed.

Headquartered in Hoover, Alabama, Medicare Advantage Specialists is an insurance marketing organization. Under the terms of the deal, Jerry Klamer, the President and CEO of Medicare Advantage Specialists will become an owner in Integrity Marketing Group.

Medicare Advantage Specialists, which was established in 2004, is said to be one of the leading players in the medicare insurance market.

Apart from offering a comprehensive range of Medicare Advantage products, the insurance organization provides final expense, dental/vision/hearing, prescription drug plans, supplemental health insurance, life insurance, and also annuities.

Bryan W. Adams – Co-Founder & CEO of Integrity Marketing Group said: “It’s an absolute honor to welcome one of the best known brands in the Medicare market to the Integrity family.

“Not only will Medicare Advantage Specialists help us grow our Medicare Advantage sales, but we will be able to provide the rocket fuel that it takes to bring Medicare Advantage Specialists to the next level in the industry.”

The acquisition of Medicare Advantage Specialists will be the 24th for Integrity Marketing Group in the last couple of years, said the latter’s chairman Steve Young.

Shana Clark – Vice President of Medicare Advantage Specialists said: “I have known Bryan and his partners since they started Integrity and it’s amazing to see what they have done for our entire industry.

“We have admired what has been accomplished at Integrity, and we are excited to gain the additional resources and services that Integrity offers to help us expand faster on the combined platform.”

For more insurance acquisition news, keep following Business News Today.

  Alabama, Bryan W. Adams, Insurance acquisition news, Integrity Marketing Group, Medicare Advantage Specialists, Shana Clark