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Integrity and CSG Actuarial Unite in Transformational
Partnership to Provide Data and Software Solutions to Agents, Agencies,
Carriers and Consumers
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Integrity further innovates insurance with latest
acquisition of one of the fastest-growing tech companies in the senior
insurance market
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DALLAS –
January 26, 2021 – Integrity
Marketing Group, LLC (“Integrity”), the nation’s largest independent
distributor of life and health insurance products, today announced it has
acquired CSG Actuarial (“CSG”), the industry’s foremost quoting
technology platform and data solution for the senior health and life
insurance marketplace. This industry-transforming partnership unites two
leading innovators under a shared vision to provide a better experience
for the healthcare industry. As part of the acquisition, CSG Principals
Bryan Neary and Doug Feekin will become Managing Partners in Integrity.
Financial terms of the transaction were not disclosed.
Through the partnership,
CSG’s industry-leading technology and data aggregation tools will enhance
Integrity’s proprietary technology platform and provide our industry even
more transparency on product data, market research and consumer trends at
all stages of the insurance enrollment process. This insight offers
agents, agencies, carriers and consumers the ability to make data-driven
decisions when considering their insurance needs. In addition, CSG will
continue to develop and enhance new and existing software as a service
(SaaS) solutions to simplify and streamline quoting, enrollment and other
fundamental processes.
“At Integrity, we are
committed to innovating insurance in every way possible, which makes this
investment in cutting-edge technology crucial to our mission,” said Bryan
W. Adams, Co-Founder and CEO of Integrity Marketing Group. “No one
creates better quoting and enrollment tools and provides more relevant
industry insight than CSG. We believe the right technology and data
solutions can improve the entire health insurance process for agents,
agencies, carriers and consumers. With the brilliant and dedicated team
at CSG now part of the Integrity family, we’ll continue to develop
innovative solutions together that will fundamentally improve insurance.”
Founded in 2007, CSG
began as an actuarial consulting firm focusing on product development
services. The founders soon recognized the immense value of the data it
accumulated, including premium rates and agent support insights. CSG has
leveraged that vast data trove in the development of its comprehensive
data and SaaS suite, which contains a real-time quote activity tracker,
e-application enrollment software and a comprehensive document library.
“We have proprietary
information that helps consumers select the healthcare coverage they
need. The data we provide drives impactful decisions for agents,
agencies, carriers and consumers, and offers powerful insight into market
demand and trends,” explained Bryan Neary, Co-Founder and Principal of CSG.
“By combining Integrity’s knowledge, expertise, relationships and
distribution network with our groundbreaking technology, we are creating
a dramatic change in the way insurance is sold today. We envision
solutions that give consumers better access to information and help them
make more-informed healthcare decisions for their families. We’ve only
scratched the surface of what we can accomplish together.”
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With a fine-tuned
understanding of the insurance marketplace and a knack for building
highly relevant and timely products, the CSG team transformed the
insurance technology space. CSG’s easy-to-use, online quoting and
enrollment tool has revolutionized the industry. The company offers
best-in-class digital solutions for Medicare Supplement, Medicare
Advantage, Final Expense, Senior Dental and Hospital Indemnity products.
“Years ago, we
recognized the need to create software as a service (SaaS) tools that
made agents’ lives easier and we’ve been innovating to meet that need
ever since,” shared Doug Feekin, Co-Founder and Principal of CSG.
“Technology is changing the process of selecting the right insurance
coverage and agents need the most updated solutions for their customers.
This partnership with Integrity gives us access to immense resources and
data to increase that innovation, while scaling the adoption and
utilization of our products. It has the power to shape the future of
healthcare and we’re eager to get started.”
“The Integrity and CSG
partnership will transform the insurance experience in ways that we
previously could only dream of,” acknowledged Steve Young, Chairman of
the Board at Integrity. “CSG offers the most impactful all-in-one suite
of support tools available to insurance agents, agencies, carriers and
consumers in the senior market. Together, we are perfectly positioned to
completely advance the insurance game — the industry will look back and
remember this pivotal partnership.”
Following this
partnership, CSG will continue to serve their current clients with the
same level of expertise they have grown to expect. These clients will benefit
from the increase of support enabled by CSG’s utilization of shared
services available to all Integrity platform partners. Those services
include accounting, IT, research and development, human resources, legal
counsel, third-party administration and access to a full-service
advertising and marketing agency.
Additionally, CSG
employees will receive meaningful company ownership under the Integrity
Employee Ownership Plan.
“Our employees are the
reason we’re here every day and we’re thrilled to offer them the
opportunity to share in this success through Integrity’s Employee
Ownership Plan,” said Neary. “We value their contributions, dedication
and expertise; in Integrity, we’ve found a partner who feels the same.”
For additional
information about CSG’s partnership with Integrity, view a video and more
at www.integritymarketing.com/CSG.
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About Integrity Marketing Group
Integrity Marketing
Group, headquartered in Dallas, Texas, is the leading independent
distributor of life and health insurance products focused on meeting
Americans wherever they are — in person, over the phone and online.
Integrity is innovating insurance by developing cutting-edge technology
designed to simplify and streamline the healthcare experience for everyone.
In addition, 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 almost 5,000 employees work with over 325,000 independent
agents who service more than seven million clients annually. In 2021,
Integrity expects to help insurance carriers place over $3.5 billion in
new premium. For more information, visit www.integritymarketing.com.
About CSG
Actuarial
CSG Actuarial,
headquartered in Omaha, Nebraska, is one of the fastest-growing insurance
tech companies in the country, helping insurance agents, agencies and
carriers keep up with the ever-changing senior insurance marketplace. CSG
has developed innovative quoting, enrollment and market research software
solutions used by top producing insurance agent, agencies and insurance
companies throughout the country. In 2020, CSG processed almost 25
million insurance quotes and thousands of enrollments through its robust
suite of software as a service (SaaS) products. For more information,
visit www.csgactuarial.com.
Media Contact:
Rachel
Aird, Public Relations Director
ThomasARTS
press@thomasarts.com
801-706-7005
Partnership Inquiries:
Eric
Pederson, Vice President of Business Development
Integrity
Marketing Group
eric.pederson@integritymarketing.com
866-650-1857
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