JZZ Technologies Inc. has acquired Florida-based Beacon Insurance Solutions, part of its continuing effort to reach the senior adult market with insurance and other services, the companies announced.
“Following this acquisition by JZZ Technologies Inc., I expect we will be able to increase the number of producing agents by adding between five to 10 new agents by the end of the year and continuing our growth strategy through 2022,” said Beacon founder Tom Law.
Beacon, an agency headquartered in St. Petersburg, Florida, and licensed in 37 states, has served the 55 and older age group. JZZ, a publicly traded company based in Phoenix, calls itself a technology company that reaches older Americans through online media. The firm also specializes in biosciences aimed at extending human life.
Was this article valuable?
Here are more articles you may enjoy.
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme
Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years 

