NU Holdings Inc. Expands Focus to Loss Control with Addition of Thorn Valley Safety
(Dayton, Ohio) June 8, 2015 – NU Holdings Inc., a holding company based in Dayton, OH, announced today the purchase of Thorn Valley Enterprises. Headquartered in Indianapolis, IN, Thorn Valley has provided loss control services to insurers and general agencies since 2000.
Tom Flaten, VP of Operations and Marketing of Thorn Valley Safety states, "This strategic initiative is in line with Thorn Valley’s continuous improvement and solid reputation as one of the best loss control companies in the industry. NU Holdings resources devoted to our field and administrative personnel will significantly enhance Thorn Valley customer service and satisfaction."
"NU Holdings plans to grow Thorn Valley’s business through a continued investment in technology, relocating employees into a larger office, and expanding their marketing efforts into new insurance sectors," comments Pat Malone, Chief Financial Officer of NU Holdings.
"Several enhancements are already planned for the next 12 months," added Flaten. "We’re excited to release them to our clients."
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.
About NU Holdings Inc.
NU Holdings Inc. is a family-owned holding company located in Dayton, OH. Since 2005, NU Holdings investments have been concentrated in insurance distribution and service entities with additional interests in marketing strategy and services, commercial real estate and technology sectors.