Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind.
Founded in August of 2005 and originally owned by John Carroll, CEO of Cornerstone Broker Insurance Services Agency Inc., and Randy McDevitt, CEO of MedLink Inc. and DBA AgentLink, CBS provides insurance products and services to independent insurance agents throughout Indiana. The firm’s products include group and individual health insurance, life insurance, disability insurance, long term care and annuities.
CBS works with several major insurance carriers including Anthem, Humana, United Healthcare, Transamerica, Genworth and Mutual of Omaha.
McDevitt, who was previously 50 percent owner of CBS, owns AgentLink, a national independent marketing organization supporting a network of more than 10,000 independent insurance agents across the country.
Source: AgentLink
Topics Mergers & Acquisitions Agencies
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