Dallas-based Integrity Marketing Group LLC, an independent distributor of life and health insurance products, has acquired Star Benefit Associates in Indianapolis. As part of the deal, Star Benefit Associates President Pam Evans will become a managing partner in Integrity.
Financial terms of the deal were not disclosed.
“Star Benefit Associates is well respected for their expertise in Medicare Advantage and has built a reputation for always putting people first,” said Bryan Adams, co-founder and chief executive officer of Integrity Marketing Group. “Partnering with Integrity will allow them to continue their important work on an even higher level. The back-office support, cutting-edge technology and turnkey platform of resources that Integrity offers their partners makes onboarding streamlined, so Pam and her team can keep their focus on serving more Americans, while we handle the rest.”
Integrity says the deal will allow Star Benefit Associates to focus on growth opportunities by utilizing Integrity’s centralized back-office functions, including accounting, IT, human resources, legal and compliance.
“We are a women-owned, relationship-oriented company, and we have built a reputation for doing the right thing for the right reasons,” said Evans. “We experienced tremendous organic growth and were at a stage where we needed to find the right partner. Integrity is a natural fit because the products and technology they offer will immediately benefit our agents and support our staff. Being part of the Integrity family will allow us to grow exponentially, and we are so excited about this industry-leading partnership.”
Star Benefit Associates’ employees will also gain participation in Integrity’s Employee Ownership Plan.