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Integrity Partners with Access Capital to Provide Innovative
Financial Solutions to Insurance Agents
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New partnership allows agents and agencies the flexibility
to monetize their book of business to instant capital for reinvesting in
their business or for personal needs
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DALLAS –
March 2, 2021 – Integrity Marketing
Group, LLC (“Integrity”), the nation’s largest independent distributor of
life and health insurance products, today announced it has acquired
Access Capital Group, LLC (“Access Capital”), the market’s leading
financing company for insurance agents and agencies. In this most recent
iteration of Integrity’s commitment to reshape the insurance industry
through continuous innovation, this partnership will serve the financial
needs of America’s agents and agencies, a vastly underserved market. As
part of the transaction, Principals and Co-Founders Bryan Neary and Dave
Emerton will also serve as Managing Partners with Integrity. Financial
terms of the transaction were not disclosed.
Access Capital provides
financial solutions for insurance agents by leveraging future policy
renewals to obtain capital today, while maintaining their client
relationships for future product sales. Drawing from decades of insurance
and actuarial experience, Access Capital uses proprietary data and
actuarial models to project the value of an agent’s future commissions
across a limitless range of life and health products. Access Capital
provides near real-time valuation services and an immediate capital
payout to agents based on readily available information about their book
of business. The ability for agents to convert their commissions into
capital allows them to add staff, invest in leads or meet any number of
life’s unexpected obligations.
Over its 13-year
history, Access Capital has provided more than $125 million of capital to
thousands of agents nationwide. Access Capital’s transactions span more
than 500,000 policyholders and over 200 different insurance carriers that
offer a broad range of products, including Medicare, ACA, long-term care,
life and an endless portfolio of ancillary life and health insurance
products.
“At Integrity,
innovation means reshaping our industry for all stakeholders, and that
includes helping agents and agencies grow their businesses faster than
ever before,” said Bryan W. Adams, CEO and Co-Founder of Integrity
Marketing Group. “By adding Access Capital to the Integrity family, we
will help agents and agencies obtain capital to invest in their business
and better meet the life and health insurance needs of more Americans. As
the industry evolves, it is more important than ever to provide flexible
solutions to help agents and agencies succeed. The Access Capital team
looks at our industry through a different lens and they have built an
ingenious approach to solving generational problems for agents in the
field.”
“Historically, agents
have been restricted to limited traditional lending sources to unlock the
value of their renewals. These institutions often don’t see the true
value of their assets, require extensive documentation and place many
limitations on ways the capital can be used,” described Bryan Neary,
Principal and Co-Founder of Access Capital. “Alternatively, our process
is so streamlined that with basic information, agents can receive an
offer in as little as a day, not months.”
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“Access Capital Group
brings an innovative spirit with a passion for solving problems, and it’s
obvious we’re in good company with Integrity,” Neary continued. “Their
partners are a collection of the most forward-thinking leaders shaping
the industry today. We’re excited to leverage that innovation to create
more solutions for more agents and agencies.”
As an Integrity partner,
Access Capital joins a prestigious network of the country’s fastest
growing agencies, reaching thousands of agents. Proprietary data and
technology available only through the Integrity platform will further
hone Access Capital’s valuation and underwriting process. Access Capital
will also utilize the support services available to all Integrity
partners, including market research, product development, information
technology, human resources, legal counsel, accounting/finance and a
full-service advertising and marketing firm.
“Through Integrity’s
relationships across the country and the reach of its partner network,
we’ll be able to serve more agents than ever before,” explained David
Emerton, Principal and Co-Founder of Access Capital. “Integrity is about
improving the lives of agents and agencies using out-of-the-box
solutions, which is the same framework we’ve built our business on.
Data-driven solutions are propelling the future of insurance. This
partnership will enhance our ability to expand our reach and do better
deals with agents and agencies going forward.”
Additionally, Access
Capital employees will be eligible to participate in Integrity's
Employee Ownership Plan, which provides meaningful company
ownership to employees.
“Allowing our employees
the opportunity to share in our growth through ownership shows us that
Integrity truly means what they say about being a family,” shared Neary.
“Integrity is leading the way in insurance today and we couldn’t be more
excited to sit at the table with Integrity’s iconic partners.”
For more information
about Access Capital Group’s partnership with Integrity, view a video at www.integritymarketing.com/AccessCapital.
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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 Access
Capital Group
Access Capital Group,
headquartered in Omaha, Nebraska, is one of the nation’s leading
providers of financial solutions for the life and health insurance
industry. Access Capital is focused on providing insurance agents and
agencies with the necessary capital to accelerate both their business and
personal objectives. Through its proprietary valuation methodologies and
streamlined processes, Access Capital has provided millions in capital to
thousands of agents across the country since its inception. For more
information, visit www.accesscapitalgrp.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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