AmeriLife Group, a national organization specializing in life and health insurance, annuities, and retirement planning solutions, announced the completion of its acquisition of Crump Life Insurance Services and Hanleigh Management (collectively referred to as “Crump”) from TIH Insurance Holdings, LLC (“TIH”) on March 3, 2025.
“We’re excited to officially open this new chapter between AmeriLife and Crump,” stated Scott R. Perry, chairman and CEO of AmeriLife. He extended his gratitude to TIH, Mike Martini, the Crump leadership team, and all transaction partners for their efforts in finalizing the deal. Perry also expressed anticipation for the combined entities to leverage their increased distribution power within the industry.
Mike Martini, CEO of Crump, echoed this sentiment, stating his appreciation for the dedicated individuals who contributed to the deal’s successful conclusion. He expressed his enthusiasm for Crump’s future under AmeriLife’s ownership, characterizing the transaction as a “win-win” scenario. Martini highlighted the alignment of visions and missions between the two companies, which he anticipates will create value for Crump’s stakeholders.
As previously announced, Crump will continue to operate as a standalone company and brand under Martini’s leadership, forming part of AmeriLife’s holistic wealth distribution platform, AmeriLife Wealth Group.
About Crump Life Insurance Services
Crump Life Insurance Services, now an AmeriLife company, acts as a major third-party distributor and service provider for insurance and retirement products. Employing a comprehensive approach to insurance planning, Crump distributes a diverse range of insurance products to over 26,000 financial professionals.
With robust sales, back-office support, and technological services, Crump processes approximately $13 billion in annual premiums, covering life insurance, annuities, and other financial instruments. This includes over 125,000 insurance policies and provides around $90 billion in life insurance coverage each year. Crump operates under the brands Crump and Tellus.
About TIH Insurance Holdings
TIH Insurance Holdings, LLC, headquartered in Charlotte, N.C., is an important wholesale brokerage and MGA platform for Property and Casualty insurance. TIH has over 100 branches and employs more than 6,500 people throughout its wholesale and underwriting insurance businesses.
About AmeriLife
AmeriLife’s central mission is to provide insurance and retirement solutions that help people live longer, healthier lives. For more than 50 years, AmeriLife has offered a variety of insurance products, including life and health insurance, annuities, and retirement planning solutions, which are designed to enhance the lives of pre-retirees and retirees throughout the United States.
AmeriLife has built partnerships with leading insurance carriers and serves customers via a broad network of over 300,000 agents and financial professionals across 160 marketing organizations and insurance agencies. For more information, visit AmeriLife.com and follow AmeriLife on Facebook and LinkedIn.
Contact:
- Jeff Maldonado, AmeriLife – Media Inquiries: [email protected]
- Jessica Marshall, TIH Insurance Holdings – Media Inquiries: [email protected]
- Alex Hyer, AmeriLife – Partnership Inquiries: [email protected]
