The National Underwriter Company, a unit of Highline Media LLC and parent of this magazine, has acquired INSURED, Inc.a nationwide insurance training organization.
INSURED specializes in property-casualty and life and health pre-licensing, continuing education, sales and product training for insurance companies, banks and brokerage firms. Terms of the transaction were not disclosed.
Bart Shachnow, founder and president of INSURED, will join NUCO as executive director, reporting to Jim Keefe, vice president and managing director of the Professional Publishing Division in Erlanger, Ky. The INSURED staff will move into NUCOs Hoboken office later this month.
"The INSURED acquisition furthers our reach into the continuing education market and provides a platform for growth in the pre-licensing market," said Keefe. "The company and its people are an excellent complement to our core strength."
"As a customer of National Underwriter products, training materials and publications for over 15 years, I believe NUCOs products, services and resources are uniquely suited to enhancing the skill sets, expertise and productivity of our ultimate end users in the financial industry," said Shachnow, who has authored several insurance textbooks, including the "Plain Language Guides" to life and health insurance pre-licensing preparation, also acquired by NUCO in the deal.
Reproduced from National Underwriter Edition, October 1, 2004. Copyright 2004 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.
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