Integrity Marketing Group acquires Brokers Clearing House
Integrity Marketing Group LLC, an independent distributor of life, health and wealth products, recently announced it has acquired Des Moines-based Brokers Clearing House, a brokerage general agency based in Des Moines. As part of the acquisition, Debbie Hannam, president and partner at Brokers Clearing House, and Dan Allison, managing partner at Brokers Clearing House, will become managing partners of Integrity, which is based in Dallas. Bob Hofer launched Brokers Clearing House in 1975 to help individuals with adverse health histories find life insurance policies. His daughter, Barbara Crowley, joined the company in 1977 and as CEO has overseen Brokers Clearing House’s expansion into health insurance, long-term care and financial services. “The Brokers Clearing House team joins Integrity with an incredible history of high-quality service and incomparable character,” said Bryan Adams, co-founder and CEO of Integrity Marketing Group. “Barbara embodies all the qualities Integrity values, and the way she has positioned the company for industry leadership is inspiring. Following the acquisition, Debbie Hannam and Dan Allison will assume the company’s executive leadership roles. “To continue to grow, we needed to serve customers even more by providing advisers with the technology and resources we couldn’t yet offer them,” Crowley said. “Partnering with Integrity is the best decision we’ve ever made.” Brokers Clearing House will use Integrity’s platform of proprietary resources, including quoting and enrollment tools, CRM, product development, and data and analytics, the companies said. This morning, Integrity announced a $1.2 billion strategic investment by Silver Lake, a global technology investing firm, for a minority stake in Integrity. The partnership is aimed at accelerating the development and implementation of Integrity’s omnichannel insurtech platform.