J.C. Flowers-backed AmeriLife Appoints Scott Perry as CEO

1/24/17

Scott R. Perry, a highly regarded insurance industry veteran, has been named CEO of AmeriLife, the nation’s premier annuity, life and health insurance marketing group. Mr. Perry succeeds Timothy O. North, who announced his plans to retire last year, and will now serve as Chairman of its Board of Directors.

“The life and health insurance industry is facing monumental disruption driven by shifts in demographics, consumer preferences, technology and the regulatory environment,” said Mr. Perry. “AmeriLife, with its diverse insurance product portfolio, powerful distribution and advanced technology platform, is well positioned to respond to these changes. I intend to build on the tremendous legacy that Tim and the AmeriLife team created, and further position the company as the first choice and most-trusted insurance provider, serving Americans across the country.”

With more than 30 years of insurance industry experience, Mr. Perry most recently served as Chief Business Officer of the CNO Financial Group in Chicago. While at CNO Financial, he was responsible for multichannel operations across each of its three insurance subsidiaries: Washington National, Colonial Penn and Bankers Life. Previously, Mr. Perry was President of Bankers Life, where he also held a variety of leadership positions in sales and distribution. Mr. Perry relocated to Clearwater to lead AmeriLife.

“We are excited to have Scott take the helm,” said AmeriLife Board Member Eric Rahe, a managing partner at J.C. Flowers, the private equity investment firm which is majority owner of AmeriLife. “As an industry thought-leader whose intuitive and innovative stewardship have led several insurance and financial institutions to profitable growth, we welcome the perspective he brings to AmeriLife. His experience and implementation of best-in-class practices in market analytics, customer acquisition and agent recruitment will accelerate AmeriLife’s continuing expansion.

AmeriLife has long-standing partnerships with many of the insurance industry’s most-respected insurance carriers, and those relationships allow the company to offer significant value to its customers and distributors across the country, Mr. Rahe added. We’d also like to thank Tim for his decades of leadership and innovation, and we are thankful that we will have access to his vast knowledge and relationships as Chairman of the Board.”

“I am very excited to have Scott, with his deep industry experience, leading this next stage of AmeriLife’s development,” said Mr. North. “I look forward to supporting him in my role as Chairman.”

AmeriLife is a national leader in developing, marketing and distributing annuity, life and health insurance solutions to protect the health and retirement needs of Middle America. Leveraging a national distribution network of over 100,000 insurance agents and brokers via nearly 20 marketing organizations, and 50 insurance agency locations, AmeriLife, and its more than 75 insurance carrier partners, offers value and quality to the insurance industry and its customers.

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