AmeriLife To Acquire Crump Life Insurance Services
January 6, 2025
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Leading third-party distributor joins AmeriLife to accelerate its growth; expands AmeriLife Wealth Group’s life insurance offerings within the institutional, IMO, and BGA segments
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CHARLOTTE and CLEARWATER, FL / ACCESSWIRE / January 6, 2025 / AmeriLife Group, LLC (“AmeriLife”), a national organization that develops, markets, and distributes life and health insurance, annuities, and retirement planning solutions, announced today that it has entered into an agreement to acquire Crump Life Insurance Services and Hanleigh Management (collectively “Crump”) from TIH Insurance Holdings, LLC (“TIH”). Per the agreement, terms of the deal were not disclosed.
“We are thrilled to welcome Crump into the AmeriLife family,” said Scott R. Perry, chairman and CEO of AmeriLife. “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 relentless dedication to customer satisfaction will further develop our capabilities in the marketplace. Together – through our shared culture and values – we will continue to redefine the standards of service and excellence in our industry.”
“With the acquisition of Crump, we are continuing to transform how we approach Wealth distribution and deliver on our holistic commitment to agents, advisors, and leading financial professionals everywhere,” added Mike Vietri, Chief Distribution Officer for AmeriLife Wealth Group. “Crump’s breadth and depth of expertise, especially in the life insurance space, will enable us to deliver more comprehensive and integrated solutions and revolutionize how we help individuals and families protect and grow their wealth – no matter their stage of life.”
Crump is one of the largest and most dynamic providers of life insurance and retirement products in the United States. Crump’s expertise spans the institutional/wholesale, IMO, and BGA sectors, and it partners with more than 31,000 financial professionals to deliver a range of holistic solutions including life, annuities, long term care, linked benefit, disability insurance, and other specialty offerings.
“We are excited to join forces with AmeriLife,” said Mike Martini, CEO of Crump. “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 the needs of our customers and to drive continued growth in the life insurance market.”
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