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Agent Pipeline Joins Forces with Integrity Marketing Group
in Transformational Partnership
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DALLAS — January
28, 2020 — Integrity Marketing Group, LLC
(“Integrity”), the nation’s largest independent distributor of life and
health insurance products, today announced the acquisition of Agent
Pipeline, Inc. (“Agent Pipeline”). As part of the transaction, Agent
Pipeline’s Founder, Larry Kimble, President, Ryan Kimble and Executive
Vice President, Laura Kimble will become owners in Integrity. All of
Agent Pipeline’s employees will also be able to participate in
Integrity’s Employee Ownership Plan, which was recently announced. Financial
terms of the deal were not disclosed.
Founded in 1988, West
Virginia-based Agent Pipeline is one of the most successful insurance
marketing organizations (IMOs) in the United States, with 118 dedicated
employees proudly serving 65,000 independent agents and over one million
customers throughout the country. Agent Pipeline distributes a
comprehensive mix of life and health insurance products. Agent Pipeline
is a recognized market leader in the Medicare Advantage, Medicare
Supplement, individual health plans, Prescription Drug Plans, and Final
Expense markets. In 2020, Agent Pipeline expects to produce 250,000 new
insurance applications amounting to $500 million in new insurance
premiums.
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“Agent Pipeline’s choice
to partner with Integrity is a game-changer for us in the way we serve
the overall insurance marketplace and produce unrivaled results for our
agents, agencies, and insurance carrier partners,” said Bryan W. Adams,
Co-Founder & CEO of Integrity. “The Kimbles have assembled one of the
hardest-working and most talented teams in the industry. They have led
our industry for decades through outstanding service, product
development, and agent support. We are humbled and honored to have the
entire Agent Pipeline team join the Integrity Family.”
“Partnering with
Integrity Marketing Group was the best choice for the future of Agent
Pipeline,” said Ryan Kimble. “We have experienced remarkable growth and
have been offered several paths to reach the next level, but nothing
comes close to what Integrity brings to the table for our family, our
employees and the agents and agencies we serve. Now that we can tap into
Integrity’s resources, there is no limit to the growth we can achieve.”
“We’ve always been a
family-owned business and have had the goal of bringing ownership to our
employees for a long time,” said Laura Kimble. “Partnering with Integrity
makes this dream a reality. Now our employees are not only owners in
Agent Pipeline, but owners in Integrity, a larger and more diversified
company.”
“Now is the perfect time
to partner with Integrity with all the exciting initiatives they are
developing. We can’t wait to continue working with our team and new
partners to grow our Integrity investment alongside our fellow employees
who were able to become Integrity shareholders as well,” added Founder
Larry Kimble.
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2019 marked a year of
record growth for Integrity. The company completed a total of 24
acquisitions while experiencing double-digit organic growth across their
diverse platform of life and health insurance agencies. In 2020,
Integrity expects to produce more than $2.5 billion in insurance premiums
and will serve more than five million customers. The company further
energized its growth with the completion of a new Integrity Employee
Ownership Plan that provides meaningful ownership to all qualifying
Integrity employees and paid out almost $50 million in proceeds to
employees in 2019.
“Welcoming Agent
Pipeline to our family is a watershed moment for Integrity,” said Steve
Young, Integrity’s Chairman of the Board. “Our business model is
attracting industry leaders and providing us with the platform to enact
lasting, positive change in the senior insurance market.”
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About
Integrity Marketing Group
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Integrity Marketing
Group, headquartered in Dallas, Texas, is the leading independent distributor
of life and health insurance products in the United States. Integrity
develops exclusive products with insurance carrier partners and markets
these products through its distribution network that includes other large
insurance agencies throughout the country. Integrity’s 750 employees work
with over 235,000 independent agents who service over 5 million clients.
In 2020, Integrity expects to help insurance carriers place $2.5 billion
in new premiums. For more information, visit www.integritymarketing.com.
Media
Contact:
Tom Faust
Stanton PR
646-502-3513
Partnership
Inquiries:
Eric Pederson, Vice
President of Business Development
Integrity Marketing
Group
866-650-1857
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