Digital Insurance (www.digitalinsurance.com),
the nation's largest and most technologically advanced employee
benefits-only agency, has acquired Ovation Benefits, one of the
country's top independent employee benefits firms. Ovation,
headquartered in Farmington, Conn., is the first office in the state to
operate as Digital Benefit Advisors (DBA), a growing division of Digital
which has 20 offices across the U.S. Managing Principals Bill Carew and
Brian Driscoll, along with their 45-member staff, aligned with DBA to
provide clients expanded offerings and greater support.
“Bringing Ovation into the DBA network marks our largest acquisition to
date and represents an inflexion point in the growth of Digital Benefit
Advisors,” explains Mike Sullivan, executive vice president of DBA and
chief marketing officer of Digital Insurance. “Bill Carew and Brian
Driscoll, along with their talented team of benefits professionals, add
a sophisticated middle market capability to Digital and exemplify our
focus on strategic partnerships. This new alliance will reshape the
employee benefits landscape in Connecticut and strengthen our
marketplace position throughout New England.”
“Our goal in aligning with Digital is to join with a team that is
strategically focused on building best-in-class benefits to deliver the
services and support our customers and their employees will need to
succeed in the emerging healthcare marketplace,” says Bill Carew.
“Digital’s leadership in the private exchange arena and launch of the
Digital Benefits Marketplace creates a platform for us to attract
agencies, partnerships and talent across the state,” adds Brian Driscoll.
DBA combines the commitment of experienced, local market advisors with
the sophisticated technology and innovative resources of a respected
national company. Employers receive access to a broader variety of
carriers, dynamic tools, proprietary products and a private exchange.
“Ovation Benefits' size and middle market innovation make this
acquisition a significant, strategic achievement for Digital,” notes
Brent Bickett, executive vice president of corporate finance of Fidelity
National Financial (FNF), of which Digital Insurance is a subsidiary.
“We are excited about the sustained growth of the Digital platform and
will continue to support the company’s expansion and recruitment of
quality firms and talent.”
Karelia Health, a workforce health improvement subsidiary of Ovation,
will continue to be an independent company and is not included in the
About Ovation Benefits
Ovation Benefits (www.ovationbenefits.com),
established in 2002, is one of the largest independent benefit brokers
in the nation, representing more than 300 employers and 140,000
individuals in 43 states. Ovation's clients include small business,
middle market and Fortune 1000 employer groups and more than 40 cities,
towns and boards of education.
About Digital Insurance
Digital Insurance (www.digitalinsurance.com)
is the largest, most technologically advanced employee benefits-only
agency in the U.S. Distinguished by its focus on innovation and
education, the company creates greater value for employers and inspires
individuals to become more engaged health care consumers. Its largest
division, Digital Benefit Advisors (www.digitalbenefitadvisors.com),
is a national network of experienced, local market experts who
deliver expanded offerings to businesses and organizations. Digital is a
subsidiary of Fidelity National Financial (NYSE: FNF).
Copyright Business Wire 2013