Horace Mann Educators Corp. has completed a previously announced acquisition of Benefit Consultants Group (BCG), a retirement plan provider.
Horace Mann — a Springfield, Illinois-based company that sells life insurance, group annuities and other products to teachers and other school employees — said BCG will stay in its offices in Cherry Hill, New Jersey, with the same name and the same managers.
Horace Mann is still in the process of acquiring another company, National Teachers Associates Life Insurance Company (NTA) of Dallas.