American Independent Marketing Joins Integrity
Marketing Group
DALLAS
—
February 6, 2018 — Integrity Marketing Group, LLC (“Integrity”), one of the
nation’s largest independent distributors of life and health insurance
products, today announced that it has completed the acquisition of American
Independent Marketing, Inc. (“AIM” or “the Company”), a national wholesaler of
Long-Term Care and Medicare Supplement products. As part of the deal, AIM
founder John Wane becomes an owner in Integrity. Financial
terms of the private transaction were not disclosed.
Founded in 1981 and headquartered in Yakima,
Washington, AIM is one of the largest marketing organizations in the Western United States with over 6,000 agents. The
combined business will produce almost $750 million in annualized premiums and
expands Integrity’s national presence to nearly 130,000 independent agents and
almost 300 full-time employees. The Company will continue to operate under the
AIM brand and all employees will stay on in their current roles.
“After running AIM for more than 30 years, succession planning was
important and I began looking for a partner that would allow me to stay
involved in the business but take over day-to-day management,” said John Wane,
Founder & Owner of AIM. “Integrity was the clear choice because it is built
on a partnership philosophy that my team and I really relate to, and would
provide me with upside opportunity by being part of a larger group. I’ve known
most of the Integrity partners for many years and I’m more excited about the
opportunity ahead than at any time in my 50 years in the insurance business.”
“John Wane is a legend in the
Senior Market who is widely recognized for his innovation and leadership in the
Long-Term Care industry, and we’re excited for him and his team to join the
Integrity family,” said Bryan W. Adams, Co-Founder & CEO of Integrity.
“This partnership not only strengthens our position in the Western U.S., it
also further diversifies our revenue with a significant Long-Term Care business
that is currently growing at more than double the market.”
“At
Integrity, we are looking for respected market leaders to join our platform,
and AIM is a perfect addition,” added Steve Young, Chairman of Integrity. “But
this is not just about acquiring companies. We are investing heavily in the
systems, technology and people at Integrity to take our businesses to the next
level, and we are excited to work with John Wane and the AIM team to help them
reach their highest potential.”
In 2017, the
combined company helped more than 400,000 Americans plan for their important life and health insurance needs,
making Integrity the clear leader in the Medicare Advantage, Medicare
Supplement, Final Expense and Long-Term Care markets.
# # #
About Integrity Marketing Group
Integrity
Marketing Group, headquartered in Dallas, Texas, is the nation’s leading
independent distributor of life and health insurance products focused on
serving the Senior Market. Founded in 2006, Integrity develops and distributes
life and health insurance products with insurance carrier partners and markets
these products through its distribution network, which includes other large
insurance agencies located throughout the country that have almost 130,000
independent agents. Integrity serves nearly one million clients with almost 300
employees. In 2017, Integrity helped insurance carriers place almost $750
million in new premium. More information is available at www.IntegrityMarketing.com.
Media Contact:
Gabriel Ross
Stanton PR
646-502-3576
Integrity
Contact:
Eric Pederson
Vice President of Business Development
Eric Pederson
Vice President of Business Development
Integrity Marketing Group, LLC
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