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OneDigital Health and Benefits Acquires The Providence Group, Inc.

Benefits Firm to Strengthen Regional Presence in Georgia

ATLANTA – April 6, 2018 – OneDigital Health and Benefits, the nation’s largest employee benefits-only company, has acquired The Providence Insurance Group Inc., a leader in employee benefits consulting in Marietta, Georgia. By joining OneDigital, Providence Insurance Group will be able to bring an even more significant scope of enhanced resources and capabilities to their existing client base, while maintaining the same best-in-class customer service and consulting expertise they have established over the years.

Managing Principal Karle Stinehour, and his team will continue to serve the firm’s clients while expanding their technology offerings, compliance services, and benefits related resources that OneDigital provides.

Karle’s team aligns with our culture seamlessly. The combination of Providence Insurance Group’s deep consulting expertise with OneDigital’s expansive suite of employee benefits resources is an effective combination that will enhance their existing client base with prospects looking for a fresh approach to employee benefits for their business.
 
Brett Rosen, Executive Vice President of Mergers & Acquisitions at OneDigital

“The industry is rapidly changing and partnering with OneDigital allows us to effectively deliver strategic employee benefits solutions that yield superior results for our clients,” says Karle Stinehour, managing principal of OneDigital Atlanta. “Their industry leadership and market clout with carriers and vendors give us significant competitive leverage.”

About OneDigital Health and Benefits

OneDigital Health and Benefits, the nation’s largest company focused exclusively on employee benefits, combines people and technology to deliver the new generation of health and benefits. Serving companies of all sizes, OneDigital offers employers a sophisticated combination of strategic advisory services, analytics, compliance support, HR capital management tools and comprehensive insurance offerings. Headquartered in Atlanta, OneDigital has more than 1,100 employees throughout the country, serves 37,000 companies and manages nearly $4.5 billion in premiums. Formerly known as Digital Insurance and Digital Benefit Advisors, the company has been named to the Inc. 5000 List of America’s fastest-growing companies every year since 2007.

About Providence Insurance Group, Inc.

Providence Insurance Group founded in 1984 and headquartered in Marietta, GA, is a full-service health benefits brokerage that currently serves over 500 corporate clients. As a preferred brokerage, they work closely with carriers to ensure clients have access to the best benefits and pricing. As part of their full-service approach, Providence provides the largest and most comprehensive Health Plan Survey in the nation with a focus on building lasting relationships with their clients.

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