DALLAS – AUGUST 16, 2022 – Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has acquired American Business, one of the nation’s leading providers of life insurance products to high-net-worth clients. As part of the acquisition, Alan Grad, Chairman and CEO of American Business, and Bruce Mesner, President of American Business, will become Managing Partners in Integrity. Financial details of the transaction were not disclosed.
“American Business has a highly regarded team who not only bring innovative solutions but a personal touch to affluent clients and their advisors,” explained Bryan W. Adams, Co-Founder and CEO of Integrity. “By joining Integrity, American Business can access stronger technology and a wide range of best-in-class resources, as well as the economies of scale that come from joining our fast-growing organization. We’re honored to welcome Alan, Bruce and the entire American Business team to the Integrity family as they join in our broad mission to holistically protect the life, health and wealth of American consumers.”
Founded in 1967, American Business serves as a sophisticated and caring life insurance resource for the agents, advisors and managers of high-net-worth individuals and families. The firm employs a “two-client” philosophy of meeting the estate and personal insurance planning needs of its affluent clients through their advisors. American Business currently serves 35,000 clients with more than $60 billion in coverage. Its respected management team holds leadership roles in national life insurance organizations and brings extensive experience providing thought leadership to the affluent advisor marketplace.
Iowa chiropractor pleads guilty to fraudulant billing practices
Equisoft study finds 75% of life insurers say high maintenance and staffing cost hinder CX
Advisor News
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- Mississippi offers Medicare enrollment assistance for eligible residents
- Oregon makes second try at own health insurance marketplace. How is this time different?
- 38,000 on Central Coast expected to lose access to insurance in Medicaid cuts
- 'Medically frail' Medicaid enrollees won't have to prove their inability to work to keep coverage
- HEALTH INSURANCE RATE AND SERVICE AREA CHANGES FOR 2027 OPEN ENROLLMENT PERIOD PREVIEW: HEALTH INSURANCE RATE AND SERVICE AREA CHANGES FOR 2027
More Health/Employee Benefits NewsProperty and Casualty News
- Genworth CEO to retire at year's end
- New Pennsylvania Law Will Make Home Sellers Disclose Flood History, FEMA Zone and Past Flood Claims
- Gov. signs law to improve transparency for homeowners
- AM Best Assigns Credit Rating to Starr International Seguros Generales S.A.
- Your San Diego property could be at risk during El Niño. Is your insurance policy ready?
More Property and Casualty News