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AMZ Financial Insurance, Partners Advantage Merge to Strengthen Position in Insurance Marketing
Wednesday 14 March 2018

14 March 2018 - Two insurance marketing organisations (IMO), Iowa, US-based AMZ Financial Insurance Services and California, US-based Partners Advantage Insurance Services have merged as Partners Advantage Insurance Services to extend their insurance distribution network, the company said.
Terms of the transaction were not disclosed. The merger went effective March 1, 2018, with the companies planning for full integration by September 30, 2018.
The new IMO will operate out of four main office locations including three offices in California and an office in  Iowa.
Partners Advantage said the merger has created an IMO that can provide assistance to any agent, agency owner or IMO regardless of the insurance products.
Merging the two companies elevates the overall insurance industry with financial products, technology, marketing strategies, practice management and sales support.
AMZ Financial is an independent marketing organisation that develops and distributes Indexed universal life products.
Partners Advantage is an independent insurance marketing organisation in the life insurance, annuity and linked benefit products marketplace.
Date Published: 14/03/2018
Target: AMZ Financial Insurance Services
Country: USA
Sector: Insurance
Type: Merger
Status: Closed
Buyer: Partners Advantage Insurance Services
Terms of the deal were not disclosed