M&A Deal Summary

Trustmark Health Benefits Acquires Enroll For Life

On November 7, 2024, Trustmark Health Benefits acquired insurance company Enroll For Life from iOpt

Acquisition Highlights
  • This is Trustmark Health Benefits’ 1st transaction in the Insurance sector.
  • This is Trustmark Health Benefits’ 1st transaction in the United States.
  • This is Trustmark Health Benefits’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2024-11-07
Target Enroll For Life
Sector Insurance
Buyer(s) Trustmark Health Benefits
Sellers(s) iOpt
Deal Type Divestiture

Target

Enroll For Life

Nashville, Tennessee, United States
Enroll For Life platform supports self-service enrollment for permanent life insurance products, including hybrid life products with long-term care benefits. Enroll For Life is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Trustmark Health Benefits

Lake Forest, Illinois, United States
Category Company
Sector Business Services
DESCRIPTION

Trustmark Health Benefits designs and offers custom plans that help manage costs through innovative solutions, data transparency and member-centric support. Trustmark Health Benefits is based in Lake Forest, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

iOpt

Nashville, Tennessee, United States
Category Company
Sector Insurance
DESCRIPTION

iOpt is a boutique enrollment technology firm that specializes in providing long term care benefits that are advanced thought a life insurance policy. iOpt is based in Nashville, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

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