United life insurance

Kuvare Completes Acquisition of United Life Insurance Company, Kuvare

Completed acquisition expands offering of life and annuity solutions for the middle market April 2, 2018 – Kuvare US Holdings, Inc. (“Kuvare”), a growth-oriented life and annuity business, is pleased to announce the completion of its purchase of United Life Insurance Company ("United Life" or “The Company”). With this latest acquisition, Kuvare’s pro forma consolidated assets are now valued at over $3.7 billion. United Life was founded in 1962 and has grown into one of the most admired life insurance providers in the U.S. Based in Cedar Rapids, IA, United Life is licensed in 37 states, represented by approximately 1,500 independent life agencies and rated “A- Excellent” by A.M. Best Company...

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United Fire Group, Inc. Reaches Definitive Agreement to Sell its Subsidiary United Life Insurance Company to Kuvare US Holdings, Inc.

United Fire Group, Inc. Reaches Definitive Agreement to Sell its Subsidiary United Life Insurance Company to Kuvare US Holdings, Inc. "The decision to sell our life subsidiary to Kuvare was made in the best interest of UFG, its shareholders and United Life, from both a business perspective and a personal perspective," said UFG President and Chief Executive Officer Randy Ramlo. "By selling United Life to Kuvare, we have established a solid future for our life insurance employees, insurance agents and customers, while allowing us to continue to build on the success of our property and casualty operations. "Kuvare is committed to the growth and profitability of United Life, with the...

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