Horace Mann completes acquisition of Benefit Consultants Group

SPRINGFIELD, Ill., January 2, 2019 -- Horace Mann Educators Corporation (NYSE:HMN) announced today that is has closed the acquisition of retirement plan provider Benefit Consultants Group (BCG). Benefit Consultants Group (BCG) expands Horace Mann’s strategic capabilities in the retirement market.

The acquisition was announced on October 30, 2018. BCG will continue to operate at its Cherry Hill, NJ, location, under the same name and management.

Safe Harbor Statement

Statements included in this news release that are not historical in nature are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to certain risks and uncertainties. Horace Mann is not under any obligation to (and expressly disclaims any such obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Please refer to the company's Quarterly Report on Form 10-Q for the period ended September 30, 2018, and the company's past and future filings and reports filed with the Securities and Exchange Commission for information concerning the important factors that could cause actual results to differ materially from those in forward-looking statements.