Insurance plan distributor buys Texas benefits company

CLEARWATER — AmeriLife Group LLC, a privately held marketer and distributor of life and health insurance and retirement solutions, has acquired Austin, Texas-based American Benefits Exchange, which specializes in insurance plans for federal, postal and state employees, as well as members of the U.S. Armed Forces and small businesses.

According to a press release, the deal aligns with and reinforces AmeriLife’s strategy of partnering with independent insurance professionals, financial advisors and industry marketing organizations that demonstrate solid foundations for further growth.