Western & Southern Financial Group

Western & Southern served as title sponsor of the Western & Southern Open tennis tournament until 2023. The new owner of the tennis tournament, Beemok Capital, renamed it the Cincinnati Open in 2024.{{Cite web |title=Western & Southern Open to be called Cincinnati Open for the first time since 1901. |url=https://www.cincinnati.com/story/sports/2024/01/08/western-southern-open-new-name-cincinnati-open/72149970007/ |access-date=2024-01-08 |website=www.cincinnati.com |author=Ogwude, Haadiza |language=en}}

This tennis event contributes more than $80 million in annual economic impact in the Greater Cincinnati community.{{Cite web |title=Mason, state propose millions of dollars to keep professional tennis tournament. |url=https://www.daytondailynews.com/community/mason-state-propose-millions-of-dollars-to-keep-professional-tennis-tournament/YB6E36QCKNF43OA57DYHWYOSAE/ |access-date=2024-07-03 |website=www.daytondailynews.com |author=Richter, Ed |language=en}}

Western & Southern played a key role in the development of the Great American Tower at Queen City Square project in downtown Cincinnati, Ohio.{{cite news |last1=Monk |first1=Dan |title=Dream weaver: John Barrett shares his vision for downtown Cincinnati |url=https://www.wcpo.com/money/local-business-news/dream-weaver-john-barrett-shares-his-vision-for-downtown-cincinnati |accessdate=16 October 2018 |publisher=WCPO Cincinnati |date=March 28, 2017}} The city’s tallest office tower was completed in 2011.{{cite news |title=Queen City Square “Tiara” Building & 303 Broadway Complex Bejewel CBD |url=https://www.cincinnatiport.org/projects/queen-city-square/ |accessdate=28 June 2024 |publisher=The Port}}

In May 2013, Western & Southern signed a controversial agreement with Cincinnati Union Bethel to purchase the historic Anna Louise Inn in downtown Cincinnati."John Barrett toughed out Anna Louise Inn fight," Cincinnati Enquirer, May 15, 2013, http://news.cincinnati.com/article/20130515/BIZ/305150052/John-Barrett-toughed-out-Anna-Louise-fight?nclick_check=1 In 2014, Western & Southern Financial Group, owner of many properties within the Lytle Park Historic District asked the city to remove the historic status of several historic buildings. The company hopes to remove sections of the district in order to build new office space.{{cite web | url=http://www.bizjournals.com/cincinnati/news/2014/05/01/western-southern-aims-to-alter-lytle-park-historic.html?page=all | title=Is Western & Southern planning a new HQ at Lytle Park? | publisher=Cincinnati Business Courier | date=May 1, 2014 | accessdate=7 June 2014 | author=Yung, John}}{{cite web | url=http://www.bizjournals.com/cincinnati/news/2014/05/02/western-southern-clears-first-step-to-reshape.html?page=all | title=Western & Southern clears first step to reshape Lytle Park district | publisher=Cincinnati Business Courier | date=May 2, 2014 | accessdate=7 June 2014 | author=Demeropolis, Tom}}

In 2015, Western & Southern became the title sponsor of the annual WEBN fireworks show that takes place along the Ohio River as part of Riverfest over Labor Day weekend each year. Some 500,000 people gather to watch the fireworks along the Ohio River on both Ohio and Northern Kentucky riverfronts. They also watch them on jumbotron TVs at Fountain Square.{{cite web | url=https://www.cincinnati.com/story/money/2015/05/27/new-sponsor-webn-fireworks/28012751/ | title=New sponsor for WEBN Fireworks | work=Cincinnati Enquirer |publisher=USA Today | date=2023-05-27 | accessdate=2023-10-10 | author=Murray, Sidney}}

In 2018, Western & Southern acquired the Gerber Life Insurance Company from Nestle for $1.55 billion,{{cite news | author=Randy Tucker | title=Western & Southern closes deal to buy Gerber Life Insurance Co. | url=https://www.cincinnati.com/story/money/2018/12/24/western-southern-gets-ok-buy-gerber-life/2405945002/ | work=Cincinnati Enquirer | date=2018-12-18 | access-date=2023-10-10}}{{cite news|url=https://www.wsj.com/articles/nestle-to-sell-gerber-life-insurance-to-western-southern-financial-1537222977|title=Nestlé to Sell Gerber Life Insurance to Western & Southern Financial|first1=Leslie|last1=Scism|first2=Robert|last2=Barba|newspaper=Wall Street Journal |date=September 17, 2018|publisher=|via=www.wsj.com}} along with a long-term intellectual property license in connection with financial services.{{cite news |last1=Caproni |first1=Erin |title=Western & Southern to make $1.5B acquisition |url=https://www.bizjournals.com/cincinnati/news/2018/09/17/western-southern-to-make-1-5b-acquisition.html |accessdate=16 October 2018 |publisher=Cincinnati Business Courier |date=September 17, 2018}}

In November 2019, Western & Southern Financial Group promoted John Bultema as CEO of Lafayette Life Insurance Co.{{Cite web|url=https://www.bizjournals.com/cincinnati/news/2019/11/04/western-southern-names-ceo-for-key-insurance-unit.html|title=Western & Southern names CEO for key insurance unit|last=|first=|date=|website=www.bizjournals.com|archive-url=|archive-date=|access-date=2020-03-19}}

On 9 March 2020, Legacy Marketing Group formed a strategic partnership with Western & Southern Financial Group to create and sell Western & Southern subsidiary Integrity Life Insurance Company's proprietary fixed indexed annuity products.{{Cite web|last=|first=|date=9 March 2020|title=Legacy Marketing Group® Announces Strategic Alliance With Western & Southern Financial Group; First Joint FIA Series Expected Later This Year|url=https://insurancenewsnet.com/press-releases/legacy-marketing-group-announces-strategic-alliance-with-western-first-joint-fia-series-expected-later-this-year#.Xw1Cmm0zbIU|archive-url=|archive-date=|access-date=14 July 2020|website=Insurance News Net}}

In 2022, Western & Southern acquired Fabric Technologies{{Cite web|url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/western-southern-acquires-fabric-technologies-fabric-insurance-agency-68404678|title=Western & Southern acquires Fabric Technologies, Fabric Insurance Agency|website=spglobal.com|access-date=2024-06-21|author=Dela Cruz, Katherine }} and later renamed it Fabric by Gerber Life.

A study released in March 2023 by the University of Cincinnati Economic Center showed that Western & Southern supported 188,715 jobs, $13.6 billion in earnings and a total economic output of $27.4 billion.{{Cite web|url=https://www.bizjournals.com/cincinnati/news/2023/03/08/uc-economics-center-western-southern-impact.html|title=UC Economics Center: Western & Southern’s economic impact on Cincinnati tops $27B|website=bizjournals.com|access-date=2024-06-28|author=Demeropolis, Tom }}

Western & Southern dates back to the founding of The Western and Southern Life Insurance Company in 1888.{{Cite web|url=https://www.bizjournals.com/cincinnati/news/2024/01/12/john-barrett-profile-western-southern-impact-city.html|title=The Visionary: Western & Southern CEO John Barrett’s plan transforms one corner of downtown into a magnet|website=bizjournals.com|access-date=2024-06-21|author=Watkins, Steve }}

==See also==

• List of United States insurance companies

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• [https://www.westernsouthern.com Western & Southern Financial Group website]

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Category:Life insurance companies of the United States

Category:American companies established in 1888

Category:Financial services companies established in 1888

Category:Mutual insurance companies of the United States

Category:Companies based in Cincinnati