National Underwriter Co. and WFG Capital Advisors, LP Announce Publishing Agreement
March 11, 2005 (Erlanger, KY) – The National Underwriter Co., preeminent publisher of financial services product and information, has announced that it has entered into an exclusive agreement with WFG Capital Advisors, LP for publication and distribution of WFG's Mergers & Acquisitions publication. The agreement will include WFG’s annual M & A Sourcebook, to be complemented by monthly updates and other components, forming the definitive mergers and acquisitions resource for the insurance industry.
According to Robert Lieblein, President of WFG, “We are extremely pleased to be affiliated with such a highly regarded industry leader. The National Underwriter brand will allow WFG’s authored publications to be more widely distributed throughout the market. This is a unique opportunity for National Underwriter and WFG to provide insightful content on industry consolidation.” According to Steven Wevodau, Managing Principal of WFG, “Combining WFG’s proprietary content with National Underwriter’s expansive publication and content delivery capabilities, industry professionals will have the most complete M & A sources. Our new relationship will allow National Underwriter and WFG to leverage one another’s strengths.”
James M. Keefe, Managing Director of National Underwriter Co.'s Professional Publishing Division stated, "this is critical information to large segments of National Underwriter Company's audiences—from insurance company executives who need to know what is going on in industry M&A activity to lawyers, bankers, and businessmen on to the independent agency owner who has to be aware of trends and events effecting the value and business opportunities of his or her business. We're very glad to be able to bring WFG's deep analysis and insights to our readers and users, with the added value the resources of this media company brings."
The initial publication will be offered on a subscription basis and will include the 2005 Insurance Mergers & Acquisitions Insights – Industry Sourcebook in addition to monthly updates. National Underwriter and WFG also plan an upcoming Web Seminar and live seminars to be conducted throughout the United States.
Industry professionals can obtain more information by calling 800-544-0620 or visiting the National Underwriter Company's Web site at www.nationalunderwriter.com.
Contacts:
WFG Capital Advisors LP
Steven S. Wevodau, Managing Principal
Main: 717-780-7800
Direct: (717) 780-7802
The National Underwriter Company
Bruce Hillman, Editorial Director, Professional Publishing Division
Tel: (859) 692-2221
About WFG Capital Advisors LP:
WFG Capital Advisors LP, based in Harrisburg, Pennsylvania, is a leading investment banking and corporate financial advisory firm for the insurance and financial services industries.
About The National Underwriter Company:
NUCO, formed in 1897, is the leading publishing and information services business for the insurance industry. Headquarters are in Erlanger, Kentucky, a suburb of Cincinnati, and principal editorial and advertising sales offices are in Hoboken, New Jersey. NUCO’s Insurance Magazine Division publishes two weekly newsmagazines for the property/casualty and life/health sectors of insurance carrying the National Underwriter brand. The company also publishes Claims, a monthly magazine for claims executives; Tech Decisions, for IT insurance professionals; Advising Boomers, for financial advisors to the baby boom generation; and two regional titles, Florida Underwriter, and Insurance Advocate, for the New York metro market. In live events, NUCO sponsors the Annual Claims Exposition, and the Life Insurance Sales Mastery Forum. NUCO’s Professional Publishing Division issues its Fire, Casualty and Surety bulletins, reporting on the latest developments in insurance policy application and legal interpretation; and the TaxFacts annuals, summarizing how the tax code affects insurance and investment decisions, among some 160 titles in all. For more information about NUCO, visit www.nuco.com.
About Highline Media:
Highline Media was formed in October 2003 by Spire Capital Partners, L.P. (www.spirecapital.com), and headed by Andrew L. Goodenough, its President and Chief Executive Officer, to acquire business-to-business information assets in the financial services, insurance and real estate fields. Highline’s product set includes magazines, data, newsletters, conferences, websites, books and reference materials, delivered in print, electronic and live event form. Highline’s first acquisition was The National Underwriter Company (“NUCO”), the leading publisher of insurance information in the U.S. in 2004 the company completed an additional five acquisitions, adding insurance and banking data businesses acquired from The Thomson Corporation (Highline Data); an insurance training and continuing education business; two magazines and other professional publishing titles.