AmeriLife Group, LLC (“AmeriLife”), has acquired Secure Administrative Solutions (SAS). SAS is a multi-product, third-party administrator, and this acquisition plays a key role in AmeriLife’s strategic initiative to expand its third-party administrator capabilities.
SAS provides administrative support for proprietary Medicare Supplement, fixed annuity and life programs and joins two other third-party administrators under the AmeriLife umbrella: American Insurance Administrators (AIA), which specializes in the administration of Medicare Supplement insurance products, and American Benefits Administrators (ABA), which specializes in the administration of voluntary benefit products sold through the company’s worksite distribution channel.