Advanced products for broker business

Looking for insurance? Find a broker now.

Sign In | Register

 
Home » Our Company » History

History

For 30 years, BenefitMall has been dedicated to serving the needs of Brokers.

We do so through our partnership, people and products. Our success as a General Agency has been a result of exceeding brokers' expectations in these three areas and constant progressive growth over the last decade. Here is a brief look at our history:

Today

Headquartered in Dallas, Texas with over 1,300 employees across the country.

2012

Merged with CompuPay creating the leading national provider of integrated employee benefit and payroll solutions.

2011

Releases a new Broker Workspace where brokers can do everything from view the status of their cases, to access exclusive quoting tools, search for documents, and much more, making it one of the most robust online business centers available in the market today.

2010

Launches BenefitMall Individual Exchange, an online solution designed to help Brokers manage their Individual business.

  • BenefitMall acquires NAS Financial Services in Morristown, New Jersey.

2008

BenefitMall acquires BenefitPort Southwest, a full-service General Agency with a division specializing in Senior Products.

2006

BenefitMall acquires Comrisk Insurance, a full service General Agency specializing in stop loss insurance, servicing brokers/consultants and Third Party Administrators.

  • BenefitMall acquires Weston Group Benefits, LLC, one of the fastest growing technology-based insurance and employee distribution networks in the northeast.
  • BenefitMall acquires BenefitPort SouthEast, a founding member of the BenefitPort national network that services agents throughout the state of Florida.
  • BenefitMall partners with Allied Capital Corporation, the largest business development corporation in the US, to enhance core offerings and expand current product lines.

2005

BenefitMall surpasses $2.0 billion in premiums under management.

2001-2004

BenefitMall surpasses $1.0 billion in premiums under management.

  • BenefitMall acquires Colorado Group Services, a full-service general agency.
  • BenefitMall acquires Group One Source, a national employee benefits marketing organization.

2000

Launches completely re-tooled website providing broader applications and easier access for brokers.

  • BenefitMall acquires two units of The Mather Companies, one of the largest general agencies and third-party administrators of employee benefits programs on the east coast.

1999

CIFS separates from Humana and evolves into an independent, stand-alone company.

  • The company is renamed BenefitMall to better represent the total employee benefit products available to brokers.
  • Acquires several companies, establishing office locations in Georgia, Florida, and New Jersey.

1998

Becomes incorporated in Delaware as Centerstone Holding Corporation with CIFS as a subsidiary.

1997

Launches the first online insurance quote engine.

1995

Humana acquires Emphesys and its related affiliates, including CIFS.

  • CIFS opens its first office outside of California in Denver, Colorado.

1994

Employers health Insurance Company (EHI) of Green Bay, Wisconsin acquires Centerstone Insurance and Financial Services.

1993

Becomes Centerstone Insurance and Financial Services (CIFS) after a series of acquisitions.

1991

Acquires a general agency in California called Multiple Services, Inc.

1985

Launches the first software application capable of producing multi-carrier quotes in real time- an industry breakthrough for brokers.

1979

West Coast Insurance Marketing Corporation is founded in California by a group of insurance professionals.