JZZ Tech Acquires Florida-Based Beacon Insurance Solutions

JZZ Technologies Inc. has acquired Florida-based Beacon Insurance Solutions, part of its continuing effort to reach the senior adult market with insurance and other services, the companies announced.

“Following this acquisition by JZZ Technologies Inc., I expect we will be able to increase the number of producing agents by adding between five to 10 new agents by the end of the year and continuing our growth strategy through 2022,” said Beacon founder Tom Law.

Beacon, an agency headquartered in St. Petersburg, Florida, and licensed in 37 states, has served the 55 and older age group. JZZ, a publicly traded company based in Phoenix, calls itself a technology company that reaches older Americans through online media. The firm also specializes in biosciences aimed at extending human life.