DALLAS, Feb. 7, 2019 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), the nation's largest independent distributor of life and health insurance products, today announced it has acquired NEAT Management Group ("NEAT Management" or "the Company"), one of the largest distributors of Final Expense Life Insurance products in the United States. As part of the deal, Tim J. McCoy, the company's owner, becomes an owner in Integrity. Financial terms of the private transaction were not disclosed.
J.H. Mac McCoy entered the insurance industry in 1940 as a life insurance agent, paving the way for younger generations of McCoys. NEAT Management was founded in 1973 by his son, Charles H. "Tim" McCoy, and in 1975, Tim J. McCoy joined his father at NEAT. Together they grew the business to one of the most recognized brands in the Senior Market. In 2001, Shea McCoy joined his father and grandfather at NEAT, becoming the fourth generation of McCoy men in the insurance business.
NEAT Management will continue to be led by Tim J. McCoy and will operate under its own brand. All of NEAT's employees will continue in their current roles in their Austin, Texas headquarters.
"Both Integrity and NEAT have had a long history of helping insurance companies enter the Senior Market so it just made sense to join forces," said Tim J. McCoy. "Integrity gives us the ability to diversify and grow our business to new heights, while continuing our own legacy spanning four generations. I'm thrilled to become a partner in Integrity."
The following video shares more of McCoy's decision to join Integrity:
"The McCoy family has been a legend in the insurance industry for decades and it's exciting to have the entire NEAT Management team become partners of Integrity," said Bryan W. Adams, Co-Founder & CEO of Integrity. "It is humbling to have Tim J. McCoy working with our other Integrity Partners as we collaborate on ways to provide new solutions to this underserved and rapidly growing market."
"Tim J. McCoy is one of the greatest teachers and mentors I've ever had, and I'm honored to now call him a Partner," added Alan Town, President of Agent Service Connection and Managing Partner at Integrity. "Together we are going to do some amazing things in the Final Expense Market."
About Integrity Marketing Group
Integrity Marketing Group, headquartered in Dallas, Texas, is the nation's leading independent distributor of life and health insurance products focused on serving the Senior Market. Integrity develops and distributes life and health insurance products with insurance carrier partners and markets these products through its distribution network, which includes other large insurance agencies located throughout the country that has over 140,000 independent agents. Integrity serves almost three million clients with over 450 employees. More information is available at: www.IntegrityMarketing.com
SOURCE Integrity Marketing Group, LLC