SPG Acquires The Belongings Of Brokers' Service Marketing and advertising Group

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SUMMIT, N.J., Jan. 5, 2022 /PRNewswire/ — Specialty Software Group, LLC (SPG), a leading operator of specialty coverage brokerage firms and underwriting facilities, declared nowadays the acquisition of the belongings of Brokers’ Services Advertising Group II, LLC (BSMG) as of December 15, 2021.

BSMG is a major lifetime and annuity brokerage common company (BGA) serving advisors and economical institutions. The company was fashioned virtually 50 yrs in the past and has a robust popularity for offering top-edge solutions. Beneath the recent leadership of CEO Jason Lea, BSMG has continued to expand, providing advisors in all 50 states a exceptional combination of consultative experience, innovation and support excellence in the life and annuity arena.

“SPG has been interested in expanding into the daily life insurance and annuity market and BSMG is a pure healthy,” claimed SPG President & CEO Christopher Treanor. “Jason is a regarded marketplace leader and he and his team have the insights and knowledge to continue to scale their company. They offer solutions and expert services in a electronic atmosphere and also supply very best-in-course service answers to the extremely greatest conclusion of the sector, each of which are in alignment with SPG’s long-term growth and innovation approach.”

BSMG has a exclusive mixture of systems that set them aside in the sector, which include their Hazard Differentiation Underwriting^TM (RDU) platform for significant sophisticated underwriting scenarios, as properly as entry to Vive, a foremost on the web multi-carrier time period daily life platform. The firm’s “Ideal-Fascination” tactic to annuities and retirement security rounds out BSMG’s core business enterprise.

“BSMG is thrilled to associate with SPG. We share a vision of constructing anything special in the BGA place by leveraging our strategy with SPG’s scale and capabilities,” said Jason Lea, CEO of BSMG. “Chris and the group at SPG have a observe document of supporting entrepreneurial firms mature, and the cultural suit in between our two corporations around quality, purchaser encounter and innovation couldn’t be far better.”