AmeriLife to acquire Crump Life Insurance Services
AmeriLife, a developer, marketer, and distributer of life and health insurance, annuities, and retirement planning solutions, has entered into an agreement to acquire Crump Life Insurance Services and Hanleigh Management from TIH Insurance Holdings.
Crump is a third-party distributor and service provider of insurance and retirement products. It partners with more than 31,000 financial professionals to deliver a range of solutions including life, annuities, long term care, linked benefit, disability insurance, and other specialty offerings.
“We are thrilled to welcome Crump into the AmeriLife family. Crump is a leading independent distributor of life insurance and this partnership aligns perfectly with our vision to provide enhanced Wealth solutions for our clients and partners. Crump’s exceptional team and relentless dedication to customer satisfaction will further develop our capabilities in the marketplace. Together – through our shared culture and values – we will continue to redefine the standards of service and excellence in our industry.” – Scott R. Perry, chairman and CEO of AmeriLife.
“With the acquisition of Crump, we are continuing to transform how we approach Wealth distribution and deliver on our holistic commitment to agents, advisors, and leading financial professionals everywhere. Crump’s breadth and depth of expertise, especially in the life insurance space, will enable us to deliver more comprehensive and integrated solutions and revolutionize how we help individuals and families protect and grow their wealth – no matter their stage of life.” – Mike Vietri, Chief Distribution Officer for AmeriLife Wealth Group.
“We are excited to join forces with AmeriLife. This highly complementary transaction marks a pivotal moment for our company and demonstrates our commitment to advancing our capabilities and services for our clients and partners. We look forward to leveraging AmeriLife’s extensive network and deep resources to better serve the needs of our customers and to drive continued growth in the life insurance market.” – Mike Martini, CEO of Crump.
