Hub Acquires Ohio’s HORAN Associates

Hub International Limited announced that it has acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively HORAN Health). Terms of the transaction 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 provides employee benefits solutions to more than 650 small and mid-size companies, covering thousands of lives. HORAN Health serves both corporate and individual clients in 48 states.

The HORAN Wealth* division will continue to independently 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.

Topics Mergers & Acquisitions Ohio

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