Assurance Investment Purchases Arison Insurance

Arison Insurance Services, Inc., has been sold to Assurance Investment Partners (AIP).

Previously an affiliate of Anthem Blue Cross and Blue Shield in Kentucky, Arison has six offices across Kentucky and sells medical, dental, life and disability insurance to groups and individuals.

The company will continue to operate under the Arison name and all of the Arison employees will be employed by AIP. Paul Anderson, who served as vice president, will replace Tom Schifano as managing director of the agency.

"The sale of Arison Insurance will ensure our internal sales team can build on the successes of our core business and distribution models, while allowing Arison to benefit from a management team focused on developing an aggressive growth strategy," said Deb Moessner, president and general manager of Anthem Blue Cross and Blue Shield. "Long-term, I believe this transaction could lead to additional job creation and growth within Kentucky and surrounding states."

http://www.ajcconsultants.ltd.uk/insurance/2008-07/assurance

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Assurance Investment Purchases Arison Insurance