PLUS Financial Network

    By
    Broker World
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    PLUS Financial Network

    Professional Life Underwriters Services, LLC (PLUS) and Midwest Financial Network (MFN) have merged to become PLUS Financial Network. This consolidation has resulted in an agency with some 60 years of corporate experience for the firms’ roughly 1,600 independent insurance agent partners in the life insurance, long term care, disability income and annuity marketplace.

    “The new PLUS Financial Network is positioned to benefit both our stakeholders and insurance advisors, as well as their clients,” said Lloyd West, FLMI, president, PLUS Financial Network.

    “There is a tremendous synergy between our two organizations Both agencies have exemplary reputations for customer service, and this is an opportunity to build even stronger relationships with our partners,” said Ted Kotsakis, chief executive officer, PLUS Financial Network.”

    Known for in-house underwriting expertise, the firm specializes in creative plan designs and is a leader in the impaired risk arena. PLUS Financial Network is a member of AimcoR Group and proudly represents some 40 insurance carriers.

    After spending more than 25 years in the life insurance business as an agent, a brokerage manager and a regional sales director, Ted Kotsakis founded Midwest Financial Network in 2002.

    Professional Life Underwriters Services, LLC was founded in 1965 by Lloyd West, at the very beginning of the brokerage distribution channel when impaired risk business was difficult to place with many companies.

    Broker World is the only national insurance magazine founded, focused and edited to specifically address the brokerage marketplace and the unique informational needs of independent life and health producers who select the products best suited to their clients' needs from a variety of companies and marketers. The primary service is to provide a channel of communication between life and health companies and marketers and the 28,600+ proven producers of substantial amounts of brokerage business that constitute Broker World's readership.