Assurant Solutions Preneed Business Signs 5-Year Exclusivity Agreement with Securus America.
Assurant Solutions’ Preneed business has signed a 5-year exclusivity agreement with its IMO partner, Securus America.
Securus America has been the primary sales distribution partner of Preneed’s Final Need business, which offers whole life final expense insurance, for over two years. During that time they have proven their ability to grow a sales force and achieve astonishing year over year production growth. Growth in gross sales nearly doubled from year end 2012 to 2013, increased by 31% in 2014 and is on pace to yield a 12% increase for 2015.
The exclusive partnership fits the Assurant strategy of focusing on large clients and working with them to achieve shared goals. This is a strong partner who knows the final expense industry and has experience growing a sales force. This focused alignment with Preneed and their final expense product allows for greater growth potential and better business quality. The Securus America and Preneed executive teams are committed to a strategic partnership aimed at achieving both the volume and quality of business that will mean success for both parties.