Pinnacle Financial Services Inc., a life and health distributor, has acquired insurance distributor Crowe and Associates..
Pennsylvania-based Pinnacle distributes life insurance, health insurance, annuities and long-term care insurance through agencies in all 50 states. It has about 45 employees. AmeriLife Group LLC of Clearwater, Florida, acquired a large ownership stake in Pinnacle in May.
(Related: AmeriLife and Integrity Marketing Make Deals)
Crowe is a Connecticut-based field marketing organization that was founded in 2006 and offers products aimed at older consumers.
Crowe distributes a wide range of products, including life insurance and annuities, but its current focus is on Medicare Advantage, Medicare supplement insurance and Medicare Part D prescription drug plans.