Afore Insurance enters Kentucky with new deal

Core Insights - Afore Insurance Services has acquired Myron K. Hobbs & Company, expanding its operations into Kentucky and establishing a new office in the Louisville area [1] - The financial terms of the acquisition remain undisclosed, but it is expected to enhance Afore's growth and local relationships [2][4] - Afore aims to combine employee benefits and property & casualty capabilities to provide more comprehensive services to clients [3] Company Expansion - The acquisition allows Afore to enter the Kentucky market and strengthens its presence in the Louisville region [1][4] - Afore has over 20 offices across the United States and has acquired more than 50 agencies since its inception in the 1970s [3] Leadership and Vision - Myron K. Hobbs, the founder of the acquired agency, expressed confidence in Afore's leadership and business model, indicating a positive outlook for future growth [2] - Afore's CEO, Michael A. Garguilo, highlighted the alignment of Myron Hobbs and his team's capabilities with Afore's mission, emphasizing the importance of client relationships [4]