US-based employee benefits-only agency Digital Insurance has purchased Washington-based employee benefits firm Berg Andonian, which will boost its employee benefits client services in the region.
The acquired entity is currently operating as an arm of Digital Benefit Advisors (DBA), a division of Digital Insurance.
Based on the terms of the deal, Berg Andonian’s co-founders Joe Berg and Kirk Andonian, together with their team, have joined DBA to offer clients expanded offerings and greater support.
Digital Insurance executive vice president and chief marketing officer Mike Sullivan said that the deal has enabled its communications platform, customer services and emerging private exchange to boost its competitive position in the market.
Direct policy holders will have access to a customer advocate center, where educated and licensed Digital representatives will reply benefits and policy queries, which will allow employers to free-up overworked HR departments.
Andonian added, "Digital’s national footprint and best practices offer multiple advantages not only for us but for our clients in terms of the ability to structure and competitively fund their employee benefits plans."
Established in 1997, Berg Andonian caters services to 165 employers, such as school districts, hospitals and country governments, besides serving to 1,500 individuals.
As a wholly owned subsidiary of Fidelity National Financial (FNF), Digital Insurance specializes in medical insurance for small businesses and mid-sized companies.