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Investors Heritage Life Insurance will expand Frankfort headquarters with $1 million expansion

Investors Heritage Life Insurance Company will create 75 full-time jobs at its Frankfort headquarters, doubling its Kentucky workforce throughout the next five years with a $1 million investment.

“This is a very exciting time for our company,” said Harry Lee Waterfield II, president and CEO of Investors Heritage. “We completed a merger transaction in March and our new partners, Aquarian Holdings, have provided the additional capital necessary to assist in and accelerate our growth. We are proud of our corporate presence here in Frankfort, Ky. and are eager to build on our nearly 60-year history. All aspects of our business – from actuarial design and accounting to information technology and customer service – are based here in Frankfort. As we expand into new markets and add to our product portfolio, our growth will provide job opportunities in all these areas. Our people are the heart of what we do, and we look forward to growing the Investors Heritage family.”

The company’s investment and job creation follow a merger in March of its holding company, Investors Heritage Capital Corp., and an affiliate of Aquarian Holdings. The merger will create growth through continued sales of life products, the introduction of new annuity products, market expansions through licensing in additional states and potentially through new acquisitions.

To accommodate the planned growth and properly serve the business, Investors Heritage will hire new full-time employees and invest in renovations and upgrades of its Frankfort home office.

For more information on Investors Heritage Life Insurance Co., visit www.InvestorsHeritage.com.

From Governor’s Office

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