IHC Affiliate Acquires Insurance Producers Group

Independent Producers sells insurance through the Web, and it also has a network of 600 active and pending independent agents operating in 27 states, American Independence says.

Independent Producers already is placing about $5 million of the $20 million in annual business it produces with American Independence affiliates, and American Independence is hoping that the company will double its volume and place more of its business with American Independence affiliates, Thung says in a statement.

“This acquisition positions Independence American to become a substantial presence in the expanding individual major medical market,” Thung says.