US-based Life and health insurance company Integrity Marketing Group has acquired Tampa-based ASB Financial for an unknown sum.

As part of the acquisition, ASB Financial founder and CEO Frank DeJiulio will become an owner in Integrity.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

ASB, which offers financial, Medicare and retirement services, holds nine regional offices. The company expects to produce $40m of annualised paid premium this year.

The acquisition provides the company with access to Integrity’s platform of tools and services and its network platform partners.

Integrity co-founder and CEO Bryan Adams said: “Frank DeJiulio is one of the best mentors and leaders in the insurance business, and his ability to develop people and scale operations have allowed ASB Financial to accelerate their growth year after year.

Additionally, ASB will be able to provide its employees with company ownership, under Integrity’s Employee Ownership Plan.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“As an Integrity partner, he will now reap the benefits of the incredible collaboration with our other partners, which will help his business expand into exciting new areas and achieve new heights.”

Frank DeJiulio said: “I love developing new agents and Integrity provides all the proprietary products and infrastructure needed to take our team to the next level.

“The vast array of partners I now have access to under the Integrity umbrella is incredible. All the partners are willing to open any doors for us and share strategies to grow faster than we can grow on our own. That’s what a success story means to me and I’m more excited about my business than I’ve ever been.”

In May this year, Integrity acquired insurance marketing organisation Equis Financial.