EMPLOYEE BENEFITS

OneDigital Expands its Business by Acquiring HM Employee Benefits and Risk Management

OneDigital | February 15, 2021

OneDigital is a leading health, retirement/wealth, and HR advisory firm. It focuses on driving business growth for employers of all sizes. It recently announced its acquisition with HM Employee Benefits and Risk Management (HM). The company is located in St. Louis, Missouri.

This acquisition is about integrating property and casualty (P&C) into OneDigital’s suite of health, retirement and wealth, and human resources consulting. It will turn out to be a noteworthy milestone in the company’s growth. The partnership brings a turning point for OneDigital. OneDigital enters the traditional multiline agency arena with a very untraditional economic value equation.

The expansion of OneDigital into the P&C side of the business along with the acquisition of HM will provide a holistic suite of employee-centric solutions for customers. It would also mark the starting point for the next iteration of OneDigital. Mike Sullivan, Co-Founder & Chief Growth Officer at OneDigital mentions it.

OneDigital’s two decades of operations benefitted businesses with the most comprehensive solutions. When entering the property & casualty market with HM, the company will expand its services. It will meet the needs of customers as well as their employees.

Founded in 1991 and ranked among the top 100 brokers on the 2020 Hales Report. HM is known for providing employee benefits and risk management services to clients in more than 50 states and countries. With this acquisition, around 130 employees have joined the OneDigital team. The merger with OneDigital will provide the opportunity to build in the multiline agency space. OneDigital and HM’s alignment on culture- and a people-first approach to business will allow continuing to drive success through relationships.

The achievement of HM will bring a new component to OneDigital’s offerings and services. OneDigital is now reshaping the boundaries of its client-facing solutions across the country. It is now empowering better growth for businesses and people.

About OneDigital
OneDigital’s exclusive ability to converge health, wealth, and human resources into a hub of services and business guidance has helped companies to create workplaces. It attracted talent while fuelling innovation and growth. As employee health care, wellness and workplace benefits continue to evolve; a lot of companies have relied on OneDigital’s exceptional advisory teams for counsel. This includes holistic HR services, employee benefits, employee wellbeing, and pharmacy consulting, as well as retirement and wealth management services. OneDigital owns more than 100 offices after being headquartered in Atlanta. Over 2,400+ business strategists serve the needs of over 60,000 employers across the nation.

About HM Employee Benefits and Risk Management
Individuals and businesses alike have trusted HM Risk, since 1991. It has been providing risk management and employee and sound insurance benefits needs. The firm’s advisors have over 300 years of combined experience and distinctions.

Spotlight

Organizations leverage assessments and surveys from General Dynamics IT for strategic risk and talent management at all stages of the employment cycle. A 4 s approach for the human capital risk management.


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Spotlight

Organizations leverage assessments and surveys from General Dynamics IT for strategic risk and talent management at all stages of the employment cycle. A 4 s approach for the human capital risk management.

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