Skip to main content

One80 Intermediaries Acquires The Marcus Insurance Agency, Inc.

Written by Customer Service on . Posted in Mergers And Acquisitions.

BOSTON, Oct. 28, 2020 (GLOBE NEWSWIRE) — One80 Intermediaries (One80) a wholesale insurance broker and program manager with offices throughout the United States and Canada, today announced that it has acquired national life insurance broker The Marcus Insurance Agency, Inc. Terms of the deal were not disclosed.
With offices in Boston and Philadelphia, The Marcus Insurance Agency, Inc. was established in 1960 and is led by Principals Todd and Michelle Landau and President Eric Marcus. The Agency specializes in ‘impaired risk’ life insurance for customers with medical concerns, estate planning (including high net worth customers), business continuity planning and financial underwriting. The Marcus Agency’s customer base includes insurance agents, brokers, property and casualty agencies, financial planners, benefit planners, and accountants.“At One80 Intermediaries we excel in highly specialized, niche areas of the insurance industry. With the acquisition of The Marcus Agency, we are gaining market-leading access and expertise designed to serve impaired risk clients,” said Matthew F. Power, President of One80 Intermediaries. “I was truly impressed with the expansive resources offered by The Marcus Agency, created to meet the needs of their clients.”The Marcus Agency provides specialized products which include universal life, whole life, survivorship life, term insurance, as well as fixed annuities, disability income, long-term care insurance, and linked benefits products. Our highly experienced team of in-house underwriters, led by a Registered Nurse, offers onsite clinical underwriting. Additionally, The Marcus Agency actively educates agents by conducting impaired risk seminars.“The leadership team has over 100 years of combined industry experience, and we have developed and preserved exceptional relationships with our clients,” said Eric Marcus, President at The Marcus Agency. “We felt One80 was a strong cultural fit with our agency given the personalized service they offer, their focus on the customer experience, and their innovative approach to meeting rapidly evolving needs across our industry,” he added.To learn more about One80 Intermediaries’ products and services please visit www.one80intermediaries.com.Media Contact:Lenika MilneNational Sales and Marketing DirectorOne80 Intermediarieslmilne@one80intermediaries.comAbout One80 Intermediaries
One80 Intermediaries is a privately held, wholesale broker, program manager, reinsurer and third party administrator with offices across the United States and Canada. The company offers placement services and binding authority for property & casualty, financial lines, personal lines, medical stop loss travel/accident and health risks. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US, UK and Canada.  Coverage spans all industry classes with a specialization in marine, transportation, hospitality, cannabis, and construction.  For more information visit www.one80intermediaries.com.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.