| Home Page : Archive News : January 2012 News : IMAC acquires niche insurance brokerage firm Specialty Service Solutions, LLC | |
IMAC acquires niche insurance brokerage firm Specialty Service Solutions, LLC | |
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January 17, 2012 Randolph, Massachusetts-based International Marketing and Administration Company (IMAC) recently purchased Specialty Service Solutions, LLC, a Chicago-based insurance brokerage firm. "This acquisition increases the scale of our brokerage business and provides us a proven distribution track for newly written P&C business for our clients," said Edward Klayman, president of IMAC. Specialty Service Solutions provides its brokers and producers access to hard-to-find insurance products. Schools, Camps, Pro Sports, Amateur Sports, Travel Medical coverage in-bound and out-bound, as well as assorted P&C programs such as E&O and Roadside Assist Packages are just some the of standard products Specialty Service Solutions has developed and distributed through its agent base. Under the new arrangement, current staff and management for Specialty Service Solutions will continue to work out of the Chicago, Illinois office as an official subsidy of IMAC. "We're very excited about 2012 and the main reason is our integration with IMAC," said Steven J. Ferguson, president of Specialty Service Solutions. "Providing Accident, Health and Sickness solutions as well as the new P&C options we can offer to the IMAC client base should help us create a one-stop shop for the clients we now service on a combined effort." IMAC creates direct response marketing programs for banks, insurance brokers and financial institutions and associations looking to reward customers, clients and members with discounted insurance products as a benefit. IMAC works with a number of top rated, A or better AM Best insurance carriers as well as non- insurance service providers to deliver an outstanding experience for the client. Outside of the financial institution marketplace, IMAC also offers programs for associations, non-profit and otherwise. A sampling of those programs includes "US Advantage Plans", "Yo Fi Wellness", "InsurIQ" and the "COOL LTC" plan. For complete information on IMAC and their marketing programs, visit www.imaco.com. About IMAC Founded in 1994, IMAC was the brain trust of insurance company executives with many years of experience in mass marketed coverage. IMAC specializes in mass marketed insurance products, through traditional enrollment channels as well as alternative methods such as web and phone. IMAC provides brokers, financial institutions and associations with effective insurance programs to offer their clients, customers and members. For more information on IMAC and its programs, visit www.imaco.com or call 781-963-2269. Source: http://www.1888pressrelease.com/imac-acquires-niche-insurance-brokerage-firm-specialty-servi-pr-366169.html |
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