![]() ![]() In many ways, Patrick Bet-David, the founder and CEO of PHP, is the embodiment of the American dream. PHP, which stands for "People Helping People," serves nearly half a million Americans nationwide by offering life and annuity products through its team of more than 27,000 agents. Financial terms of the acquisition were not disclosed. As part of the acquisition, Patrick Bet-David, founder and CEO of PHP Agency, will become a Managing Partner at Integrity. In 2018, Integrity will help insurance carriers place almost $850 million in new premium.DALLAS, J(GLOBE NEWSWIRE) - Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire PHP Agency, an industry-leading field marketing organization ("FMO") based in Addison, Texas. Integrity serves over one million clients with almost 325 employees. 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 130,000 independent agents. 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 is the nation’s largest independent senior insurance marketer and the leader in the Medicare Advantage, Medicare Supplement, Final Expense and Long-Term Care markets. In 2018, the combined company will help over 450,000 Americans plan for their important life and health insurance needs. “We’re humbled to have him and his team join the Integrity family.” “We know that we are creating something very special at Integrity when an industry legend like Lenny Anderson joins our platform,” added Steve Young, Chairman of Integrity. GoldenCare’s Long-Term Care sales are growing at more than double the market rate which aligns with Integrity’s mission to be the leader in the Senior Market.” “This acquisition adds another highly-respected industry leader to our platform. “Lenny Anderson is an icon in the Senior Market and is widely recognized for his innovation and leadership in Long-Term Care,” said Bryan W. They truly have “integrity” in all that they do and I’m excited to partner with them as we all take GoldenCare and Integrity to the next level.” “I’ve known many of the Integrity partners for decades. Integrity is the clear choice in the market because it has the same partnership philosophy I used to build my business over 41 years,” said Lenny Anderson, President & CEO of GoldenCare. “There comes a time when we all have to look at our succession planning options. GoldenCare, headquartered in Minneapolis, will continue to operate nationally under its brand and all employees will stay in their current roles. The combined business will produce almost $850 million in annualized premiums and expands Integrity’s national presence to over 130,000 independent agents and 325 full-time employees. Financial terms of the private transaction were not disclosed.įounded in 1976, GoldenCare is the foremost Long-Term Care marketing organization in the country and one of the largest Medicare agencies with 10,000 independent agents. As part of the deal, GoldenCare’s founder, Lenny Anderson, becomes an owner in Integrity. (“GoldenCare”), a national wholesaler of Long-Term Care, Medicare Advantage and Medicare Supplement products. Integrity Marketing Group, LLC (“Integrity”), today announced that it has completed the acquisition of GoldenCare USA, Inc. GoldenCare USA combines with Integrity Marketing Group to Better Serve the Senior Market ![]()
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