Ameritas Life Insurance Corp. of Lincoln, Nebraska, has acquired Sandy’s Dental Select. Terms of the agreement were not disclosed.
Founded in 1989, Dental Select is a licensed third-party administrator and insurance agency that now serves more than 470,000 customers with employer-sponsored dental, vision and AD&D products, as well as individual dental plans.
Founded in 1887, Ameritas is one of the country’s largest dental and vision carriers, offering a wide range of insurance and financial products and services and serving nearly 4.5 million customers. Ameritas is a marketing name for Ameritas Mutual Holding Co. and its affiliated subsidiary companies, including Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York.
“Bringing the national and regional perspectives together will ultimately strengthen both companies,” said Bill Lester, Ameritas president and chief executive officer.
“Innovation and a customer-centric focus have made Dental Select a strong player in the dental market for over three decades,” said Brent Williams, founder and chief executive officer of Dental Select. “Joining the Ameritas family gives us additional support to pursue our mission of making dental simple.”
“Ameritas and Dental Select are dedicated to enhancing customer experience,” said Lester. “Dental Select’s entrepreneurial and technology-focused approach to insurance will further the Ameritas business of fulfilling life.”
Dental Select will operate as a subsidiary of Ameritas Life, Lester said, “This is a strategic acquisition that positions both Ameritas and Dental Select for accelerated collective growth and excellent customer and provider experiences.”