URBANDALE, Iowa, March 12, 2018 /PRNewswire/ -- Two of the biggest Insurance Marketing Organizations (IMOs), AMZ Financial Insurance Services and Partners Advantage Insurance Services, today announced their definitive merger to further enhance and extend their insurance distribution network. The new company will be called Partners Advantage Insurance Services. The merger went effective March 1, 2018, with the companies planning to fully integrate by September 30, 2018.
The new IMO will operate out of four main office locations including three offices in California; Riverside, Irvine and El Dorado Hills; as well as an office in Urbandale, Iowa. The new company will have the breadth and reach to serve life, annuities and linked benefits at the absolute top levels. The CEO of Partners Advantage, Scott Tietz said, "With the merger, we believe we have created a robust IMO that can provide assistance to any agent, agency owner or IMO regardless of the insurance products they sell."
"This merger is a critical piece in our long-term growth strategy," said Allie Miller, Partners Advantage President. "This is a very exciting time for us, and we believe that merging allows us to elevate the overall insurance industry with innovative financial products, technology, marketing strategies, practice management and sales support, while still holding meaningful relationships with our valued distribution partners."
The merger will usher in a revolution in the independent insurance distribution marketplace and the new services provided through the company will result in greater efficiencies. "Our clients will continue to enjoy the same quality services," commented Joe Zuccolotto, Chief Operations Officer of Partners Advantage. "We have been working together for months to make this transition as smooth as possible for our agencies and agents."
About AMZ Financial:
Founded in 2000, AMZ Financial is the only independent marketing organization with a proven track record in developing and distributing Indexed Universal Life products. To date, we have developed 10 products with the industry's most recognized life insurance carriers.
About Partners Advantage:
Partners Advantage is an independent insurance marketing organization and nationally recognized leader in the life insurance, annuity and linked benefit products marketplace.
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SOURCE Partners Advantage Insurance Services