AmeriLife to acquire Saybrus Partners from Nassau Financial.

AmeriLife, a national provider of developing, marketing, and distributing annuity, life, and health insurance solutions, agreed to acquire Saybrus Partners, a life insurance and annuity distribution company, from Nassau Financial, an insurance and financial services company. Financial terms were not disclosed. "This strategic transaction marks an exciting milestone for Nassau, further aligning us with AmeriLife, our leading distribution partner, while simplifying our business in support of our insurance sales and asset management growth plans. Under Ed Cassidy's terrific leadership, Saybrus has grown from a start-up insurance wholesaler to a scaled insurance distribution company with a national footprint. We are confident that Saybrus has a bright future ahead with AmeriLife," Phil Gass, Nassau Chairman and CEO.