OneDigital Health and Benefits has taken over Providence Insurance Group, a provider of employee benefits consulting in Marietta, Georgia.
Founded in 1984, Providence Insurance Group is a full-service health benefits brokerage. It currently serves over 500 corporate clients.
“By joining OneDigital, Providence Insurance Group will be able to bring a 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,” teh acquiring company said in a statement.
Providence Insurance Group’s managing principal Karle Stinehour and his team will continue to eb associated with the company.
OneDigital executive vice president of mergers & acquisitions Brett Rosen said: “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.”
OneDigital Atlanta managing principal Karle Stinehour said: “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.
“Their industry leadership and market clout with carriers and vendors give us significant competitive leverage.”