Deals and People

Retirement Industry People Moves

By Javier Simon editors@plansponsor.com | August 04, 2017
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Zenith American Solutions Acquires Insurance Programmers

Zenith American Solutions announced today that it has acquired Connecticut-based Insurance Programmers (IPI).  

The firm provides health, welfare and retirement administration services to union trust organizations located across the East Coast. The acquisition of IPI expands Zenith's presence in the greater New England region and extends its client base, which includes Taft-Hartley trust funds, trade associations, government entities and corporate employers across the United States.

"IPI and Zenith share a long and impressive history of serving clients in this industry for more than 100 years combined,” says Art Schultz, chief executive officer. “Our companies also share a deep commitment to providing our customers with unmatched expertise and support."

Lawrence Bourlandchief executive officer and president, will continue to lead IPI and report to Schultz. The acquisition is effective immediately. Financial terms are not being disclosed.

This move marks the third acquisition that Zenith has completed in the past 18 months.

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