Crump Life Insurance Services is a prominent third-party distributor and service provider of insurance and retirement products. The company collaborates with over 31,000 financial professionals, offering a comprehensive range of solutions, including life insurance, annuities, long-term care, linked benefit, disability insurance, and specialty offerings.
Scott R. Perry, Chairman and CEO of AmeriLife, highlighted the strategic alignment between the two companies “We are thrilled to welcome Crump into the AmeriLife family. Crump is a leading independent distributor of life insurance, and this partnership aligns perfectly with our vision to provide enhanced wealth solutions for our clients and partners. Crump’s exceptional team and dedication to customer satisfaction will further strengthen our capabilities. Together – through our shared culture and values – we will continue to redefine standards of service and excellence in our industry.”
The acquisition reflects AmeriLife’s commitment to expanding its wealth distribution capabilities. Mike Vietri, Chief Distribution Officer for AmeriLife Wealth Group, emphasised the transformative potential of the partnership “With the acquisition of Crump, we are continuing to transform how we approach wealth distribution. Crump’s breadth and depth of expertise, particularly in life insurance, will enable us to deliver more comprehensive solutions and revolutionize how we help individuals and families protect and grow their wealth – no matter their stage of life.”
Crump’s CEO, Mike Martini, expressed enthusiasm for the new partnership “We are excited to join forces with AmeriLife. This highly complementary transaction marks a pivotal moment for our company and demonstrates our commitment to advancing our capabilities and services for our clients and partners. We look forward to leveraging AmeriLife’s extensive network and deep resources to better serve our customers and drive continued growth in the life insurance market.”
The acquisition underscores AmeriLife’s strategy to enhance its offerings and broaden its reach in the financial services and insurance sectors. The transaction is expected to position both companies for continued growth and innovation in the marketplace.
