• Our Story

Our Story


Founded in 1925, by Y. W. Scarborough and J. W. Orvin, Atlantic Coast Life Insurance Company has worked with funeral homes and families to help plan for and fund “end of life” solutions.  We have built a reputation among funeral directors as a trustworthy source of funding.  Our speed to pay claims has been a great strength and still is today.


In 1954, the Scarborough Family acquired one hundred percent of the Atlantic Coast Life stock and the company began an era of success and growth that has spanned nearly ten decades. When Mr. Y. W. Scarborough passed away in 1956,  the responsibility of leadership fell  to his son, Y. W. Scarborough, Jr., then to R. B. Scarborough in 1989, and then to Y.W. “Bill” Scarborough, III, in 1995.  Wallace B. Scarborough served as President from 2013 to 2015.


Bill Scarborough had the vision to dramatically change the company’s distribution strategy to focus effort and resources to build our Preneed Division.  In 2003, we began to expand the Preneed success into nine Southeastern States.  By 2008, we were known in the industry as a force to be reckoned with and as a growing presence in the marketplace.


In 2015, Advantage Capital purchased Atlantic Coast Life from the Scarborough Family with the strategy to capture more of the senior market.  Atlantic Coast would continue to focus on preneed expansion and growth.  Bill Scarborough resumed the position of President, and continued to lead the charge.  Growth, expansion and success were multiplied.  Atlantic Coast began an intense preneed expansion that now takes us across the country!  The new ownership guided the company into the Annuity Marketplace and we immediately became a highly sought after insurer of choice by many annuity producers and financial advisors across the country.


Our plans for the future are to continue building and improving both our Preneed and Annuity distribution systems and to protect all of our stakeholders by continuing to be a Beacon of Integrity in all of our dealings with clients, agents, and producers.