America's Benefit Specialist July 2023
Financial terms of the acquisition were not disclosed. Keating founded The Insurance Superstore in 2008 to help seniors understand their health insurance options through Medi care and the Affordable Care Act. The agency now serves thousands of Americans across multiple states through its growing team of agents. In addition to health insurance, The Insurance Superstore also provides life insurance and annu ities. Since its establishment, The Insurance Superstore has helped thousands of families throughout Colorado, Nebras ka, Arizona, Missouri and Florida. HUB INTERNATIONAL ACQUIRES HORAN’S EMPLOYEE BENEFITS DIVISION Hub International Limited has acquired the employee bene fits assets of HORAN Associates, Inc. and HORAN Smart Busi ness, LLC (collectively HORAN Health). Terms of the transac tion were not disclosed. With HORAN Health, Hub creates a new regional hub to be called Hub Heartland. HORAN is one of the largest privately held insurance and financial services organizations in the Cincinnati Tri State area. HORAN Health’s nearly 120 employees in Ohio and Northern Kentucky will join Hub. HORAN Health pro vides employee benefits solutions to more than 650 small and midsize companies, covering thousands of lives. HORAN Health serves both corporate and individual clients in 48 states. The HORAN Wealth division will continue to independen tly serve individual and corporate clients in the areas of retirement, investment advising, life insurance, financial planning and social security under the leadership of current President and Chief Executive Officer, Terence L. Horan, CLU, ChFC, CAP.
Hub Heartland will be led by Valerie Bogdan-Powers, president of HORAN Health. She will work with Neil Hughes, president of Hub’s U.S. Central Region. Bogdan-Powers has led HORAN Health’s overall strategy with a focus on growth for the organization. Prior to HORAN, Bogdan-Powers was in sales and brand management for over 20 years at Procter & Gamble. Bogdan-Powers is a graduate of Harvard University and holds her life and health insurance license. MarshBerry served as financial advisor to HORAN for the transaction. HIGHSTREET INSURANCE PARTNERS COMPLETES 150TH AGENCY ACQUISITION Highstreet Insurance Partners (Traverse City, Michigan) has partnered with Pennsylvania-based Yorke Agency (Yorke) and Maine-based Curley & Associates (Curley) marking their ninth and tenth acquisitions in 2023. Highstreet is one of the fastest growing insurance agencies in North America and has now reached a milestone of 150 acquisitions since form ing the company in mid-2018. “We are delighted to welcome the Yorke and Curley teams, as well as their clients to Highstreet. As we continue our rapid growth, we do it with agency partners who share our values, have entrenched relationships with their clients and are committed to their community.” said Scott Wick, founder & CEO of Highstreet. Highstreet Insurance Partners is a full-service independent insurance agency. The company provides a broad array of business insurance, employee benefits, personal insurance, retirement services and specialty risk solutions that are deliv ered through community-focused agencies.
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