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CRC Group closes acquisition of BenefitMall

Learn extra: CRC Group to accumulate BenefitMall

“We’re excited to welcome BenefitMall as the latest a part of the CRC Group crew,” stated CRC Group CEO Dave Obenauer. “Because the insurance coverage market and the dangers confronted by purchasers proceed to evolve, it is important that we develop strategically in ways in which assist us meet these wants. The addition of BenefitMall considerably expands our alternative to assist purchasers as they navigate the present market.”

Based on CRC Group, the acquisition is projected to position over $34 billion in premiums yearly, and make use of greater than 5,100 teammates throughout North America. Following the transaction, BenefitMall will turn into CRC Group’s worker advantages resolution, becoming a member of CRC Group’s life, retirement, and advantages division.

BenefitMall will even retain its model title and its present management construction following its acquisition.

“The power to supply worker advantages is a foundational cornerstone of our division,” stated CRC Group life, retirement and advantages options division CEO Rob Carney. “Bringing BenefitMall on board expands our choices and provides us the capability to boost relationships with purchasers which have numerous insurance coverage wants.”

“We’re deeply happy with the repute for excellence we have now earned amongst our dealer and provider companions over time, and we’re excited to deliver that dedication to innovation and repair with us as we be part of CRC Group,” added BenefitMall CEO Scott Kirksey. “I’m assured that we are going to proceed to ship the quickest, best, and most trusted advantages promoting expertise as a part of the CRC Group household.”

Learn extra: BenefitMall snaps up Iowa-based company

The closure of the transaction comes after BenefitMall acquired the Iowa-based insurance coverage distributor Mutual Med in late August. Mutual Med is working as a division of BenefitMall below its present title and management.

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