Digital Insurance Inc., an employee benefits agency in Atlanta, finished 2010 with a recording-breaking $17 million in acquisitions, which strengthens its nationwide growth plan to partner with major insurance agencies that have a large local market presence. This year, Digital plans to continue this route and anticipates a 50 percent growth.

"While Digital has access to capital to grow aggressively, we are being selective about our expansion targets," says Mike Sullivan, executive vice president and chief marketing officer.

When looking for potential acquisitions, Digital is searching for firms that have a similar focus on the small- and medium-size business market, a progressive outlook regarding health care reform and share a cultural fit with the organization.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.