Health Care & Insurance  July 27, 2020

HofgardBenefits sold to IMA Financial Group

LOUISVILLE — An insurance company with roots to 1956 will retain its office in Louisville but will now be a part of a larger operation, Wichita-based IMA Financial Group.

Hofgard & Co. Inc., doing business as HofgardBenefits, has been sold to a company that specializes in providing benefits to companies with fewer than 100 employees. IMA is also an insurance brokerage specializing in property and casualty insurance, employee benefits and surety bonds.

Hofgard & Co. was founded in 1956 in Boulder by Bill Hofgard. In 2008, Hofgard spun off the benefits division to long-time employee Jim Marsh, who…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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