BenefitMall and CompuPay have merged through an equity financing led by Austin Ventures.
The companies combined their strengths and now offer complete health insurance, benefits, payroll, and related products and services to small-to-medium sized businesses and their employees throughout the United States.
The merger positions the company to have the broadest service capabilities of any agency, according to CEO Bernard DiFiore. "A broker wants diverse products to add more value to clients. This enhances the value proposition of the broker to the client."
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