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June 21, 2007 at 01:39 PM
Summit Business Media L.L.C., the company that owns National Underwriter and the NU Online News Service, has announced the acquisition of Agent Media Corp., a database and marketing company for the life, health and annuity segments of the insurance industry.
Terms of the transaction were not disclosed.
Agent Media publishes Agent’s Sales Journal (both National & Regional Editions) and Insurance Marketing. Other products include The Agent’s Market Pack, a direct response agent recruitment tool with total distribution of 2.6 million, and eProducer Connect, an extensive email list of more than 1.6 million licensed agents and registered representatives. Agent Media has the most up-to-date, refined, and enhanced agent lists available in the industry. A description of Agent Media’s products can be found at Document Link
“Agent Media is an important investment for Summit because it extends our footprint in the insurance industry with market-leading products that complement our existing product lines, particularly in the life, health and annuity segments,” said William F. Reilly, chairman and chief executive officer of Summit Business Media, New York. “We will continue to make follow-on acquisitions as appropriate to support our growth strategy while also providing operating management with the resources and market overview to drive organic growth through new products, line extensions and alliances.”
