The IHC Group Inks Deal to Acquire Minority Stake in ABACUS Group, LLC
IHC Specialty Benefits, the specialty health marketing and distribution arm of
With the record and continued growth of voluntary benefits sales, this agreement comes at an optimal time. In 2015, voluntary benefits sales saw their largest year-over-year increase in the past five years.1 These sales are expected to continue rising 3- to 5- percent over the next several years, meaning that worksite marketing will remain an important tool for employers and employee benefits professionals as they strive to attract and retain top talent.2
Additionally, a 2015 LIMRA (
"Abacus and MNL have worked together for three years, and it presented a great strategic fit for both organizations," stated
"Abacus has built a trust and reputation in the industry by working with "best in class" partners, and IHC is definitely one of the best," commented
For more information on Abacus or voluntary benefit products, please contact
1 Skoufalos, Matt. "Voluntary Benefits See Consistent Growth."
2 Kuehner-Herbert, Katie. "6 Reasons Voluntary Sales Will Flourish in 2016." BenefitsPRO.
3 Skoufalos, Matt. "Voluntary Benefits See Consistent Growth."
4 Kuehner-Herbert, Katie. "6 Reasons Voluntary Sales Will Flourish in 2016." BenefitsPRO.
5 Skoufalos, Matt. "Voluntary Benefits See Consistent Growth."
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