11/8/2010

First American Insurance Underwriters Acquires Assets of Minnesota-based Workman Financial Group

Needham, MA (Nov. 8, 2010)––The life insurance brokerage firm, First American Insurance Underwriters, Inc., Needham, MA, has purchased the assets of Minnesota-based Workman Financial Group. In making the announcement, First American’s president, Ken Shapiro stated, “Workman Financial has an excellent reputation of serving life insurance agents in the Midwest and we are pleased to bring them First American’s additional resources that includes in-depth product knowledge, underwriting capabilities, coaching and extensive insurance carrier relationships.”

First American Insurance Underwriters’ Chairman and CEO, Allan D. Gersten, brings in-depth underwriting expertise to help life insurance agents offer their clients unique and cost effective solutions. The company works with life insurance agents throughout the U.S.

According to Shapiro, First American will immediately expand the products which life agents can offer their clients. “We have extensive experience in annuities, long-term care, disability income, life settlements, as well as all type of life insurance, including impaired risk,” he notes.

First American Insurance Underwriters, Inc., a national life insurance brokerage firm, representing more than 40 insurance companies, offers extensive underwriting capabilities and specializes in coaching growth-oriented producers. It is located at 460 Hillside Ave., Needham Heights, MA. For more information, visit www.faiu.com.

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