Lion Street and AFS Form Alliance

Lion Street and American Financial Systems, Inc. (AFS) formed an alliance.

 The agreement will create opportunities in executive benefits for the middle market through a multi-carrier platform featuring single-source administration. 

The alliance is part of a national business model to bring together firms and strategic partners to round out a “total business solution” to underserved middle markets. The firms expect this market to grow at a faster pace than the large corporate-owned life insurance market.

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“The Lion Street and AFS alliance will create sophisticated plan design, benchmarking of optimal funding solutions, turnkey administration and multiple carrier choices,” said Daniel Johnson, chief executive of AFS.

 

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