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.
Was this article valuable?
Here are more articles you may enjoy.
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’ 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
