Omaha, Nebraska – Senior Market Sales® (SMS),
one of the industry’s premier insurance marketing organizations, has entered
into a strategic agreement to be acquired by Alliant Insurance Services, Inc.,
one of the nation’s largest insurance and employee benefits consulting firms.
The partnership positions Senior Market Sales to continue its rapid growth and
expands the reach of SMS’s premier health and wealth platform through Alliant’s
extensive distribution channels.
“With this deal, you have the premier national
insurance marketing company in the senior market joining forces with one of the
nation’s leading names in employee benefits,” said Jim Summers, President of SMS. “We’re
going to leverage the strengths of both companies to create a unique new model
in insurance distribution and maximize the resources available to our agents
and partners.”
Alliant has a 95-year legacy of providing risk
management, insurance, and consulting services to thousands of clients
nationwide. Alliant’s core business includes employee benefits, property and
casualty insurance services, middle-market brokerage, and underwriting. The
Newport Beach, California-based firm has in excess of 4,000 employees across
more than 100 offices in all major U.S. markets.
“One of the most important factors in choosing
to partner with Alliant was the strong culture fit between the two
organizations,” said Hershel Kleinberg, Executive Vice
President of SMS. “Both SMS and Alliant have an entrepreneurial spirit, are
committed to providing value to our agents, and we’re focused on building and
growing for the long-term.”
The agreement with Alliant provides broader
distribution for SMS’ best-in-class suite of health and wealth solutions, which
include Medicare solutions, travel insurance, and financial solutions. Senior
Market Sales’ distribution network includes 65,000 independent insurance
agents, 1,000 career agents, call centers, and a wholly owned Registered
Investment Adviser (RIA) firm.
“The mission of Senior Market Sales will
remain the same,” Summers said. “We are dedicated to helping agents leverage
time, make more money and put their business in a position of distinction. The
partnership with Alliant will only enhance this, allowing us to bring more
resources, more relationships, and more opportunities to our agents and
advisors.”
Under the agreement, the entire SMS team will
join Alliant and continue to service agents nationwide under the SMS name from
its Omaha, Nebraska headquarters. Terms of the agreement were not disclosed.
About Senior Market Sales, Inc.
Senior Market Sales represents top
Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and
travel insurance carriers in all 50 states. More than 65,000 independent
insurance agents rely on Senior Market Sales for proprietary technology,
competitive insurance products, and expert training and service to help them
leverage their time, make more money, and put their business in a position of
distinction. Founded in 1982, Senior Market Sales is headquartered in Omaha,
Nebraska. Visit www.SeniorMarketSales.com or call 1.800.786.5566 for more
information.
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