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Press Release Ameritas Acquires Dental Select |
Issued by Ameritas May 4, 2020 |
LINCOLN, Neb., May 4, 2020 -- Ameritas Life Insurance Corp. announces the acquisition of Dental Select, effective April 30, 2020. Terms of the agreement are not disclosed. Dental Select is a licensed third-party administrator and insurance agency based in Salt Lake City, Utah. Dental Select began administering discount dental programs in 1989 and now serves more than 470,000 customers with employer-sponsored dental, vision, and AD&D products, as well as individual dental plans. Ameritas is one of the country's largest dental and vision carriers, offering a wide range of insurance and financial products and services, serving nearly 4.5 million customers. "Bringing the national and regional perspectives together will ultimately strengthen both companies," said Bill Lester, Ameritas president and chief executive officer. Brent Williams, founder and chief executive officer of Dental Select, stated, "Innovation and a customer-centric focus have made Dental Select a strong player in the dental market for over three decades. Joining the Ameritas family gives us additional support to pursue our mission of making dental simple." "Ameritas and Dental Select are dedicated to enhancing customer experience," stated Lester. "Dental Select's entrepreneurial and technology-focused approach to insurance will further the Ameritas business of fulfilling life." Dental Select will operate as a subsidiary of Ameritas Life Insurance Corp. Lester added, "This is a strategic acquisition that positions both Ameritas and Dental Select for accelerated collective growth and excellent customer and provider experiences." About Ameritas® About Dental Select BL:hh |
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