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January 4, 2009 Mergers & Acquisitions
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ASH Brokerage Acquires Delta Financial Associates

 

Fort Wayne, IN – Ash Brokerage Corporation announced today the acquisition of Delta Financial Associates, Inc. Delta Financial is one of the nation’s largest independent distributors of long term care and linked benefit insurance. Ash Brokerage is a national leader and premier outsourcing partner to financial professionals for life insurance, annuities, long term care, disability income, advanced markets and underwriting. This acquisition allows Ash to enhance service offerings and signals a commitment to continue national expansion of the Ash Brokerage footprint.

“Delta Financial complements the Ash business model and we look forward to the addition of their talented team led by Peter Cross,” said Mike Hefferon, Co-President of Ash Brokerage. “It is our purpose to support the advisor on all levels and Delta matches the Ash culture by providing the best in full service resources.”

As part of Ash Brokerage, Delta’s support services will expand the long term care and linked benefit product support available to advisors throughout the country. Delta further enhances Ash’s existing comprehensive platform for financial professionals by providing point-of-sale support, a valuable service which involves directly addressing consumer needs and questions.

Delta’s service begins with recommendations of suitable products and plan design. With the advisor’s approval, Delta provides point-of-sale support directly to the consumer.

Once the application is signed, Delta secures all underwriting requirements and serves as the consumer’s advocate with insurance company underwriters.

“We are thrilled to become a part of the Ash family,” said Peter Cross, President of Delta Financial. “Ash’s reputation and track record is unmatched in the industry and I am confident about our ability to offer even more valuable services to advisors.”

Headquartered in Eatontown, N.J., Delta Financial has offices in New York, Atlanta, Sarasota and Minnesota. Founded in 1988, Delta is a “value added” long term care and linked benefit insurance resource providing financial advisors and insurance professionals with hands-on support needed to help clients manage life’s twin risks of premature death or living long enough to require long term care services. For additional information, visit deltafin.com.

Ash Brokerage Corporation is a national leader in the insurance brokerage industry, providing insurance and financial professionals with unparalleled access to the most dynamic portfolio of product resources in the industry. Based in Fort Wayne, Indiana with more than 15 office locations in the United States, Ash Brokerage is staffed by experts specializing in life insurance, annuities, long term care, disability income, advanced markets and underwriting. Ash Brokerage has access to more than 80 top-rated insurance carriers and is committed to investigating, analyzing and comparing products across the industry to ensure the advisor has the right solution for their customer.

Founded in 1971, Ash Brokerage is independently owned and is a member of the Brokerage Resources of America (BRAMCO).

For additional information, visit ashbrokerage.com.

Contact: Craig Klenk
Phone: (800) 589-3000 ext. 702
Fax: (260) 479-6092
Email:
[email protected]

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