Digital Insurance Acquires Agencies in Illinois and Arizona

June 20, 2011

Digital Insurance Inc., an employee benefits agency specializing in insurance for small businesses and mid-sized companies, has acquired Employee Benefits by Design in Chicago and Strategic Benefits Consultants (SBC) in Scottsdale, Ariz. The principals and team members of both firms will continue operating their agencies.

Digital is licensed to operate in all 50 states, but the acquisitions are its first in the Midwest and Southwest.

Established in 1933, Employee Benefits by Design serves employers primarily in the Chicago area. Clients range in size up to 800 employees.

SBC is one of the 25 largest independent brokerage firms in Arizona. It serves more than 100 clients ranging in size up to 2,000 employees, located throughout the Southwestern U.S.

Digital is in an aggressive expansion mode. The company closed 2010 with $17 million in acquisitions, a pursuit that continues in 2011 through a variety of methods.

Source: Digital Insurance

Topics Mergers Agencies Illinois Arizona

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