AmeriLife Acquires TruChoice Financial Group from Allianz Life Insurance Company of North America

–News Direct–

Ameri Life Group, LLC (“AmeriLife”), a national leader in the development, marketing and distribution of life insurance, health insurance, annuities and retirement planning solutions, today announced it has entered into an agreement to acquire. True Choice Financial Group (“TruChoice”) and its affiliates Inforce Solutions LLC (“forced”), from Allianz Life Insurance Company of North America (“Allianz Life”).

Head office location Minneapolis, TruChoice is one of the largest field marketing organizations (FMOs) in the financial services industry. The company partners with life insurance and annuity agents to provide best-in-class marketing, business support and financial solutions in an ever-changing industry. Inforce, an affiliate of TruChoice, is a national general securities agent (BGA) focused on the life insurance market. Terms of the deal were not disclosed, according to the agreement.

The addition of TruChoice offers the following significant opportunities: Ameri Life The aim is not only to increase annuity production, but also to expand our reach in the fast-growing life insurance market and forge a closer relationship with Allianz Life.

“Today’s announcement marks two companies who not only share similar values, but a deep and unwavering commitment to empowering agents and advisors to help clients live more financially secure lives. We connect great companies. Scott R. PerryChairman and CEO Ameri Life“We are thrilled to welcome Brian Peterson The talented team at TruChoice and Inforce Ameri Life family and its best-in-class distribution. ”

under Ameri Life Umbrella, TruChoice and Inforce access a wealth of industry-leading resources, new products and solutions to expand opportunities for over 4,000 financial professionals.favorite Ameri LifeTruChoice will continue to maintain a strong relationship with Allianz Life as an unaffiliated FMO.

“This is a great move for TruChoice and sets us on the path to significant growth going forward. Brian PetersonPresident and CEO True Choice Financial Group and inforce. “I couldn’t be more excited about our employees and the financial professionals we serve. Ameri Life A perfect new partner to help drive this exciting expansion. ”

“This sale supports Allianz Life’s ability to further focus on our core strengths of providing our clients with innovative risk management and retirement solutions for our independent distribution partners.” Jasmine Gillere, President and CEO of Allianz Life. “We are also excited that this move will allow TruChoice to accelerate its growth as an independent distributor. Ameri Life A corporate group. ”

Piper Sandler & Company Acts as exclusive financial advisor to True Choice Financial Group When Allianz Life Insurance Company of North America in relation to a transaction that is expected to complete in November 30, 2022subject to customary closing conditions.

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about True Choice Financial Group

TruChoice is a dynamic sales and marketing organization and one of the largest distributors of financial services products in the insurance industry, serving as the foundation for the success of the independent financial professionals who serve them. For more information, visit his website at: TruChoiceFinancial.comand follow TruChoice Facebook, LinkedIn When twitter.

about Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North AmericaOne of the Fortune 100 Best Companies to Work For® and one of Etisphere World’s Most Ethical Companies® has helped Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products since 1896. We have kept that promise by helping you achieve In 2021, Allianz Life will offer policyholders: $10.6 billionAllianz Life is a leading provider of Fixed Indexed Annuities, Registered Indexed Annuities and Fixed Index Universal Life Insurance. Allianz SEis a global leader in the financial services industry with approximately 150,000 employees in over 70 countries. Allianz Life is a proud sponsor of Allianz Field®. St. Paul, Minnesotahome of Minnesota United of Major League Soccer.

about Ameri Life

AmeriLife’s strength is its mission to provide insurance and retirement solutions that enable people to live longer, healthier lives. By doing so, Ameri Life is a recognized leader in the development, marketing and sales of life insurance, health insurance, annuities and retirement planning solutions that improve pre-retirement and retiree lives. usaFor over 50 years, Ameri Life partners with top insurers to deliver value and quality to customers served through more than 300,000 insurance agents and advisors nationwide and a distribution network of over 100 marketing organizations and insurance agents. For more information, see: AmeriLife.comand follow Ameri Life upon Facebook When LinkedIn.

contact details

Ameri Life | | Public Relations Contact for the Media

Jeff Maldonado

+1 321-297-1112

[email protected]

Ameri Life | | Partnership Inquiries

Patrick Nichols

+1 727-726-0726

[email protected]

True Choice Financial Group

Chris Cowan

+1 678-718-1951

[email protected]

Allianz Life Insurance Company of North America

Brett Weinberg

+1 763-765-7160

[email protected]

company website

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