OneDigital acquires property and casualty brokerage
HM Employee Benefits and Risk Management is based in St. Louis; OneDigital says deal will help it provide 'holistic suite of employee-centric solutions.'
OneDigital, an Atlanta-based employee benefits and wealth management firm, has acquired HM Employee Benefits and Risk Management, a property and casualty insurance broker based in St. Louis.
The acquisition marks OneDigital’s first foray into property and casualty insurance, the company said in a release.
“OneDigital’s expansion into the P&C side of the business with the acquisition of HM will allow us to provide a holistic suite of employee-centric solutions for our customers,” Mike Sullivan, co-founder and chief growth officer at OneDigital, said in the release.
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Terms of the acquisition were not disclosed.
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