Simplicity Group Acquires Insurance Network America

Simplicity Group Acquires American Financial Network

April 20, 2021

Financial Services

Simplicity Group has acquired American Financial Network, a specialty life and annuity insurance distribution business, effective March 31, 2021. The transaction makes American Financial Network the latest distribution organization to join Simplicity's group of companies and brings Gregory E. Nemec and Greg A. Nemec in as partners/shareholders of Simplicity.

Simplicity Group Holdings Acquires Insurance Designers of America

March 2, 2023

Insurance

Simplicity Group Holdings, Inc. has acquired Insurance Designers of America (IDA), a leading insurance marketing organization (IMO). The acquisition combines IDA's member agency network with Simplicity's tech-enabled distribution platform and sales and marketing resources to expand capabilities and support member agencies across life, annuity, long-term care and disability products.

Simplicity Group Acquires Designs in Life

January 18, 2024

Insurance

Simplicity Group Holdings, Inc. has acquired California-based broker general agency Designs in Life. As part of the deal, Designs in Life founder Shawn Jeanes joins Simplicity as a partner and will continue to lead the team while gaining access to Simplicity's wealth management products and digital marketing services to support the firm's advisors.

Simplicity Group Acquires IMS Associates

January 19, 2023

Financial Services

Simplicity Group has acquired IMS Associates, a brokerage general agency headquartered in Orange County (Irvine), California. IMS leader Sean Giroux joins Simplicity as a partner; the deal expands Simplicity's distribution footprint and gives IMS access to broader carrier relationships, proprietary tools, technology resources, training and a full-service wealth offering.

Simplicity Group Acquires Hancock Brokerage

September 7, 2023

Insurance

Simplicity Group Holdings, Inc. announced the acquisition of Hancock Brokerage, a Metairie, Louisiana-based life insurance brokerage led by Susan Cimini, who becomes a Simplicity partner. The deal brings Hancock's life insurance, annuity and life-settlement capabilities onto Simplicity's platform and is intended to expand the firm's product offering and distribution resources for advisors and agents.

Simplicity Group Acquires NIW Companies

January 11, 2023

Insurance

Simplicity Group has acquired NIW Companies, a provider of supplemental retirement savings and premium finance solutions led by founders Grace Barnard, Judy Lane, and Daen Wombwell, who will join Simplicity as partners. The deal brings NIW's technology platforms (including Kai‑Zen and ilia) into Simplicity's distribution network and is the firm's 48th acquisition, intended to expand product capabilities for advisors and clients.