National Firm Continues to Build Momentum in Overall Growth
Atlanta, GA – July 22, 2019 – OneDigital Health and Benefits, the nation’s largest advisory firm focused exclusively on employee benefits and HR, announced it’s ranking as 18th on Business Insurance’s annual list of 100 Largest U.S. Brokers. This is OneDigital's third consecutive year being recognized and the ranking reflects the organization's rapid expansion driven by meaningful organic growth and acquisition activity.
The jump in ranking from 25th to 18th speaks to the momentum in both OneDigital’s acquisitive and organic growth. Business Insurance reported OneDigital experienced a 65.5 percent increase in brokerage revenue year over year, the second highest of the 100 brokers who received the accolade. The firm is experiencing an acceleration of acquisitions due in large part to the unique mix of culture, market segmentation and cost advantage in the delivery of advisory services.
We feel there is a serendipity to the path we have followed over the past two decades. We spent a decade building a technology and shared services infrastructure and another decade partnering with brokers and building a culture of collaboration, kindness and performance before we made our first acquisition. Before becoming a benefits and HR advisor, OneDigital started as an outsource solution, which gave us the cost advantage in the delivery of solutions to clients. It was this decision that is creating momentum in our growth trajectory today.
— Mike Sullivan, Chief Growth Officer, OneDigital
As OneDigital heads toward the close of third quarter, the firm’s comprehensive advisory services and market-leading solutions are now offered in over 90 offices throughout the country, serving close to 50,000 clients and exceeding $500 million in revenue. OneDigital has a well-established track record of doubling and tripling the size of operations in new markets and will be announcing new acquisitions in the next 6-12 months.
The Business Insurance Top 100 U.S. Brokers accolade is determined by the broker’s 2018 revenue generated by U.S.-based clients. To see the complete list of Business Insurance’s Top 100 U.S. Brokers, visit businessinsurance.com. To learn more about OneDigital’s Mergers and Acquisitions practice, visit onedigital.com/team/mergers-and-acquisitions/.
About OneDigital Health and Benefits
OneDigital Health and Benefits, the nation’s largest company focused exclusively on employee benefits and HR, combines people and technology to power business growth. Serving companies of all sizes, OneDigital offers employers a sophisticated combination of strategic benefit advisory services, analytics, compliance support, human resources management tools and comprehensive insurance offerings. Headquartered in Atlanta, OneDigital's more than 1,600 employee benefits and human resource strategists serve the needs of more than 50,000 employers across the nation and manages over $5.8 billion in premiums as a result. OneDigital has been named to the Inc. 5000 List of America’s fastest-growing companies every year since 2007. Currently listed as 13th in EBA’s Top 50 Brokers in the Large Employer Group, OneDigital’s experience offers a fresh thinking and strategic perspective that will improve all aspects of plan design and performance.
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