McNerney Management Group partners with Integrity Marketing Group
Integrity Marketing Group , an independent distributor of life and health insurance products, has announced it has completed the acquisition of McNerney Management Group (MMG). As part of the acquisition, MMG’s four equity owners, Dan McNerney, David McNerney, Bobby Richardson and JoAnn Wray will become owners and partners at Integrity.
McNerney Management Group, headquartered in Columbia, Missouri, provides life and health insurance to the senior market through two distribution divisions. Senior Marketing Specialists is MMG’s independent agent brokerage division supporting about 10,000 agents and is one of the largest Insurance Marketing Organizations (IMOs) in the country. Senior Benefit Services is MMG’s career agent group that has set the industry standard for career agency distribution and performance. Combined, the two MMG divisions expect to produce over $180 million of annualized paid premium in 2020 while serving 82,000 Americans annually. JoAnn Wray, President of Senior Marketing Specialists, and David McNerney, President of Senior Benefit Services, will continue to lead their organizations and become Managing Partners of Integrity. Dan McNerney, Bobby Richardson, JoAnn Wray and David McNerney will all join Integrity’s Board of Partners and leadership team.
Integrity offers all partners participation in its Employee Ownership Plan, which provides company ownership to employees. MMG’s over 100 employees will be eligible to participate in the Integrity Employee Ownership Plan. MMG will also have access to Integrity’s platform of resources and infrastructure that help streamline business functions.