FOR IMMEDIATE RELEASE Two Insurance Marketing Powerhouses Slated to Merge Urbandale, March 12, 2018 - Two of the biggest Insurance Marketing Organizations (IMOs), AMZ Financial Insurance Services and Partners Advantage Insurance Services, announced today their definitive merger to further enhance and extend their insurance distribution network. The new company will be called Partners Advantage Insurance Services, LLC. 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, 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. Press Release originally published in PR Newswire: https://www.prnewswire.com/news-releases/two-insurance-marketing-powerhouses-announce-merger-300611567.html For financial professional use only. Not for public distribution. 444383
The PILLAR (Partners In Life, Long-term care And Retirement) System is an exclusive practice management, and seminar system created by Partners Advantage and reflecting dozens of years’ experience and countless hours in the field with leading agents. The PILLAR System packages content that Partners Advantage subject matter experts have tested and provided to Million Dollar Roundtable (MDRT) level financial professionals throughout the years. The system brings all the content together to help financial professionals, who work directly with Partners Advantage, generate more consultative sales. This complete sales, marketing, and seminar system uses a secure online training platform that comprises different educational modules, tools and resources to enhance your learning. These tools help you shift your mindset from products to solutions, from sales to service, and from scarcity to growth. The content that will be taught is divided into 6 different categories. Each of the categories is a different “PILLAR.” Using a secure online training platform the company refers to as The PILLAR System Playbook, a 24/7 “Online University” that houses numerous tools and resources, helps individuals join the ranks of top insurance and financial professionals. Visit www.thepillarsystem.com to learn more. The Partners Advantage Brokerage Team can be reached at 888-251-5525, Ext. 700 for more information. For financial professional use only. Not to be used for consumer solicitation purposes. *Production results gathered from January-June 2016. Not all financial professionals in attendance experienced the same results and there is no guarantee of future success. The information provided is for your own practice management purposes and education. Becoming a member of The PILLAR System may be dependent on various factors including but not limited to production requirement and "PILLAR" carrier contracts placed with Partners Advantage Insurance Services, LLC. Partners Advantage Insurance Services, LLC reserves the right to change the requirements of the PILLAR System at their discretion. Results may vary, this communication does not constitute an offer or guarantee. Participating agents will need to be properly licensed and may be subject to screening. Participating agents must adhere to all federal and state compliance and market conduct standards. Additional terms and conditions to be set forth in an agent agreement between Partners Advantage Insurance Services, LLC and the agent. All rights reserved, trademark pending. 373170
By Lisa Morris, VP of Underwriting and Development at Partners Advantage If you’ve ever been faced with a situation where your client has multiple medical or mortality impairments, then welcome to the world of substandard underwriting! There may be a few situations when the client has one significant impairment and a few other minor impairments that adds to the major issue, and may tack on additional rateclasses. But why? Some conditions are exacerbated or the mortality risk increased when they are together. As an example, let’s consider siblings. There are situations where one child acts worse when their other siblings are around. This is the same relationship of multiple impairments in which the additional, or increase in risk is due to the other being “around” — this condition is called comorbid impairments. Certain conditions have an added risk when they are combined with another. For example, due to metabolic concerns, a person with diabetes has an additional risk if they also have coronary artery disease because one condition can increase a person’s mortality risk when they are put together. For these situations, pivot to the Partners Advantage Underwriting Department so that they can assess and determine the items that may increase an assessment and just like comorbid impairments, sales and underwriting has something in common — its customers! Don't forget to get your copy of the "4 Steps to an Effective Cover Letter for Life Insurance Applications" by VP of Underwriting and Development, Lisa “Lee” Morris.
Do you have an underwriter with experience on your side? Partners Advantage can help. Contact Lisa “Lee” Morris at 888-251-5525, Ext. 199 or email lmorris@partnersadvantage.com. For use with financial professional only. Not for public distribution. This blog is designed to provide general information about the subject matter covered. Partners Advantage Insurance Services and their representatives do not give tax or legal advice. The material in this blog is provided for informational purposes only and should not be construed as tax or legal advice. Guarantees and benefits are based on the claims-paying ability of the issuing insurance company. Keep in mind that most life insurance policies require health underwriting and, in some cases, financial underwriting. Each case is individually underwritten as the severity of medical conditions varies among individuals. Formal underwriting evaluation and pricing is based on the individual characteristics of each case. Partners Advantage Insurance Services and their representatives do not give tax or legal advice. The material in this article is provided for informational purposes only and should not be construed as tax or legal advice. Guarantees and benefits are based on the claims-paying ability of the issuing insurance company. Keep in mind that most life insurance policies require health underwriting and, in some cases, financial underwriting. 250102
On December 22, 2017, President Trump signed the Tax Cut and Jobs Act (TCJA) into law. The TCJA has made significant changes in personal and business federal tax rules. Learn how the new tax law can impact the use of Life Insurance and Annuity products for legacy creation and retirement income planning strategies. You will learn:
How the new tax act can affect households in different economic situations
Estate planning changes and how financial professionals should respond
How businesses can take advantage of the new tax law with concepts
Complete the form to access this On-Demand webinar to learn how to thrive under the new tax law with families, estates, and businesses.
This webinar is intended for educational purposes only. For financial professional use only. Not to be used for consumer solicitation purposes. You should not treat any opinion expressed as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion and experiences. Partners Advantage does not warrant or guarantee the accuracy or completeness of the information contained herein. Partners Advantage Insurance Services and their representatives do not give tax or legal advice. Accordingly, any tax information provided is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. Encourage your clients to consult their tax advisor or attorney.
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