Today, Hardy, LLC, a company owned by the family of Tom and Jay Hardy, purchased the fifty percent of Unity Financial Life Insurance Company shares that have been owned by Columbian Mutual Life Insurance Company. With this purchase, Hardy, LLC owns all of Unity Financial’s shares.
Tom Hardy, President and CEO, stated that the partnership with Columbian Mutual, which was preceded by one with Unity Mutual, has been a good relationship over the last ten years, but he is excited about the opportunity to operate with full independence in the future. The block of Unity Financial final expense policies that were sold by Unity Mutual affiliated agents will continue to be administered by Columbian Mutual.
Unity Financial’s strategy to continue to build its highly successful pre-need and funeral trust businesses will continue and there are no changes in management or staff.
Unity Financial, based in Cincinnati, Ohio, is a leader in the pre-need funeral funding market and the funeral trust market. It has been recognized by Inc. Magazine for the last four years as the fastest growing privately owned life insurance company in America. Unity Financial is licensed to do business in 44 states plus the District of Columbia.
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