Ensurem enters into $100 million credit facility with DZ BANK
Florida-based insurance marketplace for life and health products Ensurem has entered into a $100 million credit facility with DZ BANK .
“Our vision is to provide Medicare shoppers with a more simplified shopping experience, helping match them with health insurance plan options that meet their unique health and budget needs. This loan allows us to continue to expand our reach and provide seniors with more options to help them live their best lives.” – Dave Rich, CEO of Ensurem.
In 2021, Ensurem was acquired by 777 Partners , a Miami-based investment firm. 777 Partners owns a diversified portfolio of insurance carriers, technology companies, and distributors across the life, health and property & casualty verticals. Ensurem represents its second investment in the Medicare market.
“This lending facility represents a tremendous step forward for the financing of Medicare policy distribution and uniquely positions Ensurem to expand its market share in the fast-growing senior health space.” – Jorge Beruff, Managing Director at 777 Partners.
“We are excited to facilitate this next phase of Ensurem’s growth.” – Alexander Ploch, Director at DZ BANK.