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Announced

MIB Group to acquire APEXA from Reinsurance Group of America.

Synopsis

MIB Group, a life insurance company, agreed to acquire APEXA, a contracting and compliance service provider for life insurance advisors, from Reinsurance Group of America, a provider of life reinsurance and financial solutions. Financial terms were not disclosed. "APEXA was created in partnership with Canadian carriers and MGAs to simplify the advisor contracting and compliance processes. We are excited to join MIB, who shares a similar heritage and culture as well as a mission focused on providing innovative tools to advance the life insurance industry," Dylan Friedmann, APEXA Vice President and CCO.

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