Ameritas Life Insurance Corp. Announces Transition of BMA's Group Dental Business.Business Editors LINCOLN Lincoln, city and district, England Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River. , Neb.--(BUSINESS WIRE)--April 17, 2000 Ameritas Life Insurance Corp. (Ameritas) today announced the transition of Business Men's Assurance Company of America (BMA BMA British Medical Association. ) group dental business to Ameritas, effective July 1, 2000. This transition -- which brings to Ameritas approximately $15 million of in force dental premium, 410 dental cases and 41,500 new lives -- coincides with BMA's recent announcement of its intent to sell its group insurance operations to MetLife. Ameritas has been the claims processor and reinsurer re·in·sure tr.v. re·in·sured, re·in·sur·ing, re·in·sures To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. of BMA's dental insurance Dental insurance is insurance designed to pay the costs associated with dental care. Dental insurance pays a portion of the bills from dentists, hospitals, and other providers of dental services. business since 1996. Therefore, the transition to Ameritas will be seamless and dental coverage for the affected policyholders and insureds can continue uninterrupted. Also known as The Dental Health Experts(SM), Ameritas is a premier dental carrier that provides outstanding customer service, product flexibility and affordable dental health solutions. Ameritas is also very experienced in accepting blocks of dental business. Ameritas has accepted several large blocks of dental business over the last few years and, as a result, has developed specific skills that enable the company to successfully complete this process with a high level of customer satisfaction. Ameritas is confident that its new customers will be in the most capable of hands, not only because of the company's dental health expertise but its experience in the transition of dental business. Dave Moore Dave Moore is an English name which may refer to:
Ameritas earns high ratings from leading independent insurance industry analysts: Ameritas is rated A+ (Superior) by the A.M. Best Company. This is the second-highest rating of Best's 15 categories. Ameritas is also rated AA (Very Strong) for insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. financial strength by Standard & Poor's. This is the third-highest of Standard & Poor's 21 ratings. Based in Lincoln, Neb., Ameritas has assets of more than $4.9 billion with more than $13.95 billion of insurance in force. The company's group dental coverage is sold through more than 35,000 agents and brokers in all 50 states. In New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , dental insurance is provided by First Ameritas Life Insurance Corp. of New York. www.group.ameritas.com |
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