Insurance

KAFL Insurance coverage Sources Turns into Latest ICON Affiliate

January 18, 2023

One of many largest brokerage normal companies within the northeast selects AmeriLife and AIMCOR Group three way partnership to speed up its development and develop distribution

PAOLI, Penn. and CLEARWATER, Fla. –Information Direct– AmeriLife

AIMCOR Consolidated LLC (“ICON”), a three way partnership between AIMCOR Group, LLC (“AIMCOR”) and AmeriLife Group, LLC (“AmeriLife”), introduced at present that it has acquired KAFL Insurance coverage Sources (“KAFL”), one of many largest brokerage normal companies (BGAs) within the northeast. Per the settlement, phrases of the deal weren’t disclosed.

“Because the dynamics of insurance coverage brokerage evolve, at present’s worth proposition wants to incorporate extra providers and resonate with the non-traditional insurance coverage advisor,” stated Peter Skelton, company advisor of KAFL Insurance coverage Sources. “As we seemed to search out the precise strategic companion to reinforce expertise and develop distribution entry, ICON stood out as the best companion, aligned with our core values of Innovation, Collaboration, Integrity and Respect. Merely put, ICON has a distinct message and totally different worth than what we discovered available in the market and KAFL is proud to turn into an ICON affiliate.”

Based in 1991 in Rochester, N.Y., KAFL’s nationwide gross sales and repair groups specialise in partnering with monetary professionals, brokers and associates to supply company, enterprise consulting, advertising and marketing and new enterprise help providers for a wide range of merchandise, together with underwritten life, incapacity, long run care, annuities, worker advantages and different senior market merchandise.

As a part of ICON, KAFL will proceed to be a number one AIMCOR member and turn into ICON’s main hub for central options and providers, serving to to help the expansion of its fellow ICON associates and develop entry to underwritten life merchandise throughout AmeriLife’s distribution channels. With the closing of this deal, Peter Skelton and Lorrie Gibbons will turn into principals in ICON and a part of its company senior management staff whereas persevering with to supervise KAFL’s affiliated areas.

“We’re so excited to share the information of our partnership with ICON. Our gifted staff has labored exhausting through the years to create robust operational processes that we look ahead to constructing upon collectively by providing an expanded product suite and entry to extra assets that can make it simpler for our producers to write down enterprise,” stated Lorrie Gibbons, president and CEO of KAFL. “As our enterprise and {industry} proceed altering, ICON provides us the arrogance of understanding that we will proceed our successes and development into the longer term!”

“With the addition of KAFL’s breadth of experience, expertise and operational capabilities to ICON, we’re positioned to speed up our efforts of constructing the mandatory infrastructure to higher help our AIMCOR and AmeriLife companions, develop the adoption of particular person safety options, and develop product entry throughout our collective distribution networks,” stated Marc Verbos, president of ICON. “Our partnership with KAFL marks a big milestone in our journey of constructing an industry-leading distribution firm, and is a testomony to our capability to ship significant worth to our associates.”

“We’re creating a very distinctive and engaging worth proposition for the BGA that’s trying to affiliate with a nationwide advertising and marketing group that gives an expanded selection in possession construction, working mannequin, product and distribution entry,” commented AIMCOR president & CEO John Ziambras. “ICON’s continued development additional validates our journey to evolve AIMCOR right into a best-in-industry NMO that continues to ship unparalleled worth to our members.”

“KAFL has a robust portfolio and applies simply the form of complete, holistic method that AmeriLife strives so as to add to its best-in-class distribution community,” added Mike Vietri, AmeriLife’s Chief Distribution Officer. “We’re excited to welcome the KAFL staff to ICON and are excited to help their continued growth and development ambitions.”

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About KAFL Insurance coverage Sources

KAFL Insurance coverage Sources is keen about their function in creating long-lasting partnerships inside a nationally-focused, multi-line normal company constructed on values of integrity, respect, accountability, innovation and collaboration. They provide a well-rounded portfolio to create a holistic method to supporting their producers and creating peace of thoughts with all companions by offering entry to progressive instruments and assets to make doing enterprise simpler, whereas remaining devoted to offering a personalized staff method that ensures customized service to assist producers, brokers, and monetary professionals develop their enterprise. For extra data, go to KAFL.com.

About ICON

ICON (“AIMCOR Consolidated LLC”) is a three way partnership between AIMCOR Group, LLC and AmeriLife Group, LLC. By combining the facility of a premier nationwide advertising and marketing group (“NMO”) with capital assets, progressive expertise, a multi-product platform and a strong suite of centralized shared providers, ICON presents brokerage normal companies (BGAs) a distinct approach to keep aggressive and evolve their enterprise. ICON helps its companions give attention to long-term sustainability by serving to scale back threat, acquire entry to capital, and empower their capability to ship a complete portfolio of services, all whereas supporting their producers in order that they will higher scale their enterprise, shield their legacy, and improve their service choices.