![]() "In addition to the $125 million they're receiving today, our employees will continue to have considerable equity ownership in Integrity. "When you work with a committed, talented group of individuals who are helping improve the lives of Americans, the decision to share our success becomes an easy one," explained Adams. "We are supportive of how the employee ownership program at Integrity is inclusive, sharing and demonstrates a belief in their people." ![]() It's an incredibly powerful way to align objectives that spur growth and reward people for delivering on innovation," said Egon Durban, Co-CEO of Silver Lake. "Integrity's culture of employee ownership is a key differentiator. The company recently announced a strategic equity partnership led by Silver Lake to expand Integrity's digital innovation and insurtech capabilities. The company expects new sales in 2021 to exceed $7 billion and to reach more than $20 billion of assets under management and advisement through its RIA and broker-dealer platforms by the end of the year. Integrity has achieved an impressive year-over-year annual growth in excess of 100% for five years running, and has a one-of-a-kind omnichannel insurtech platform - with 420,000 agents serving more than 10 million clients annually. We couldn't be happier to reward their contributions and dedication - and show them how appreciated they are by sharing in our growth." "Without question, our motivated, dedicated employees have made Integrity one of the fastest growing companies in America. "Integrity is truly a company powered by people and we're passionate about our culture of giving back," said Steve Young, Integrity's Chairman of the Board. By coming together to work, win, prosper and share, we have been able to create one of the industry's first companies where every employee is also an owner." We are thrilled to show our gratitude by including our entire team in our success. "Our employees are the key to making our vision to transform the industries we serve a reality. As we experience success and create value as an insurtech company, we share that upside with all our employee owners," said Bryan W. Two years ago, we became an employee-owned company with our innovative Employee Ownership Plan, which gave ownership in our company to all our employees. ![]() "Integrity is a business built by caring and committed people who go the extra mile to help other people. Employees who have participated in the program since its 2019 inception will receive a minimum of $8,000, and still have an estimated $60,000 in current equity value remaining in company shares. Eligible employees will receive cash awards of varying size, based on factors such as position and tenure. Adams, traveled across the country to meet in person with over 2,000 of the company's employees - and virtually with the remainder of Integrity's 120 offices - to share the news and distribute the $125 million. The company further shocked employees by awarding equity units to all those who had yet to qualify for them through the plan - making every current full-time Integrity employee an official owner of the company. ![]()
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