OREANDA-NEWS. Reinsurance Group of America, Incorporated (NYSE: RGA) today announced that it has acquired Nebraska-based underwriting services provider, Elite Sales Processing, Inc. (ESP). Under the terms of the deal, ESP will become a wholly owned subsidiary of RGA.

“Underwriting support has always been one of RGA’s core service offerings. ESP, a leader in the growing outsourced underwriting market, is well-known and highly respected in the direct insurance industry,” said Alain N?emeh, RGA’s Senior Executive Vice President, Global Life and Health Markets. “We are delighted to have ESP become a subsidiary of RGA, and believe our combined product offerings will be beneficial for our clients.”

“RGA and ESP have a long, mutually beneficial history working together,” said Tom Gracey, Chairman and Co-Founder, ESP. “We are looking forward to an exciting future as an RGA subsidiary.”

In addition to its Omaha headquarters, ESP has a contact center in Harlan, Iowa. Staffing at both offices is expected to remain unchanged. Additional terms of the deal, including the transaction price, are not being disclosed.