M&A Deal Summary |
|
|---|---|
| Date | 2021-07-14 |
| Target | Madison National Life Insurance |
| Sector | Insurance |
| Buyer(s) | Horace Mann Educators |
| Sellers(s) | The IHC Group |
| Deal Type | Divestiture |
| Deal Value | 173M USD |
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| Category | Company |
|---|---|
| Founded | 1945 |
| Sector | Insurance |
| Employees | 1,750 |
| Revenue | 1.6B USD (2024) |
Horace Mann Educators is a national multiline insurance company focusing on educator's financial needs. Horace Mann Educators was founded in 1945 and is based in Springfield, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-10 |
National Teachers Associates Life Insurance Co.
Addison, Texas, United States National Teachers Associates Life Insurance Co. is a provider of supplemental insurance products to the education market with nearly 50 years of experience. NTA specializes in developing, marketing and underwriting supplemental insurance products, including cancer and heart. |
Buy | $405M |
| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Insurance |
| Employees | 550 |
| Revenue | 444M USD (2020) |
The IHC Group is a provider of life and health insurance business products that sell products nationally through multiple channels, including digital, call center, and advisors, all of which utilize our CMS-approved Web Broker. The IHC Group was founded in 1980 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2021 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-15 |
Standard Security Life
New York, New York, United States Standard Security Life is a provider of New York DBL and statutory paid family leave (PFL) insurance. With $122 million in gross written premium in 2020. Standard Security Life was founded in 1957 and is based in New York City. |
Sell | - |
