Location: Fort Wayne, IN
Investment Year: 2017
Website: www.ashbrokerage.com
Business Description
Ash Brokerage is a brokerage general agent (BGA) that leverages its relationships with insurance carriers to assist advisors and financial planners in evaluating, placing, and servicing life, annuity, disability and long-term care products.
Century Investment Thesis
Increasingly complex operating and regulatory environment, consolidation of distribution relationships and a highly fragmented competitive landscape create organic and acquisition-driven growth opportunities for a large, well-established player in the BGA market.
Century Value Add
- Facilitating M&A activity
- Significant experience investing in the insurance distribution market