NU Holdings Inc., based in Dayton, Ohio, has acquired Indianapolis-based Thorn Valley Enterprises, which provides loss control services to insurers and general agencies.
Thorn Valley has been in operation since 2000.
According to the companies’ announcement, investments in technology, expanded marketing efforts into new insurance sectors and office relocation are planned as a result of the acquisition.
As a family-owned holding company with over a decade of investments in the insurance sector, NU Holdings also includes Norman-Spencer Agency, Western Marine Insurance Services, and Pacific Premium Finance.
Source: NU Holdings Inc.
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