March 23, 2015 - Pflugerville, TX – National insurance marketing organization, AimcoR Group, LLC, announced the official launch of a new distribution initiative, AimcoR Enterprise Insurance Group (EIG). AimcoR EIG will focus on marketing and collaborating with institutional B2B relationships across the country. 18 of the 43 AimcoR member firms have collaborated to form EIG which will operate as a single entity, with over 225 employees, 54 point-of sale resources, across 27 states.
This, along with a very robust national virtual sales support structure, positions AimcoR EIG as one of the largest coast-to-coast institutional initiatives.
John C. Ziambras, President and Chief Executive Officer of AimcoR Group, LLC has appointed Marc R. Verbos as Executive Director for EIG and he will assume this responsibility in addition to his current role as Vice President, Business Development for AimcoR Group, LLC. “AimcoR EIG will focus on engaging with institutional partners from the financial services industry to drive insurance solutions and enhance their advisors’ capabilities to offer holistic financial planning services to their clients,” Marc said. John commented, “This marks our deliberate foray into the institutional space and continues to affirm our commitment to diversifying our distribution and bringing organic growth opportunities to our member firms, while offering institutional clients a different perspective on insurance”.
The AimcoR Enterprise Insurance Group will bring a Creative, Consistent and Compliant focus to the institutional space. “The penetration of life insurance solutions inside financial institutions is less than 4%.
The opportunity for those that can work to create simplified and streamlined solutions that drive revenue and enable non-traditional life insurance advisors the ability to offer these types of products in a manner consistent with their current focus is what we hope to capitalize on. Driving insurance solutions through financial institutions is not innovative but delivering platforms that simplify the advisor experience, partnering with the advisors in their office and creating unified processing and technology will be our focus for driving innovation and differentiating EIG in this space,” said Bill Dolan, President of SBG and AimcoR EIG Executive Committee Member.
About AimcoR Group, LLC
AimcoR Group is a leading national insurance marketing organization consisting of 43 independent member companies that focus on distributing and servicing insurance and retirement products through a variety of channels and platforms including independent financial advisors, broker-dealers, property and casualty firms, banks and direct-to-consumer marketers.
To learn more about this initiative, please contact:
Marc R. Verbos
Executive Director; AimcoR Enterprise Insurance Group
Vice President, Business Development; AimcoR Group, LLC