Latest Knowledge Consulting Group News
Jul 23, 2015
ManTech Acquires Knowledge Consulting Group to Expand Cyber Security Services to Government and Commercial Customers “Compass’ consultants are experts in the design and management of benefits solutions for an array of businesses including large employers, private equity arrangements, associations, and in particular, many of the largest PEOs (Professional Employers Organizations) in the country,” says Adam Bruckman, president and CEO of Digital Insurance. “In addition, they offer actuarial and underwriting services through their PRM affiliate which delivers risk management expertise using proprietary predictive modeling and emerging conditions tools. The consulting and risk management capabilities, together with the companies’ high-growth track record, make them attractive investments for Digital. Compass and PRM align with our strategy of investing in vertical businesses that thrive on a stand-alone basis, but have the potential to grow significantly by leveraging our capital resources.” “Digital’s continued growth in the employee benefits industry through the Compass and PRM acquisitions are market opportunities which create synergies and value for our organizations,” adds Brent Bickett, president of FNF. “It also provides additional diversification for FNF into this market, which will increase shareholder value and further strengthen our organization.” “We’re excited about this new chapter in our companies’ history,” says Scott C. Snyder, president of Compass Consulting Group and Prospective Risk Management. “This is a mutually accretive transaction which strengthens our national, regional and local capabilities. We’ll function as autonomous subsidiaries,” noting that Compass and PRM will remain separate entities and retain their respective names. “We will continue to innovate our service lines and technology offerings, increase our scale and create even greater operational efficiencies. This will enhance our ability to do what we do best – provide state-of-the-art and cost-effective solutions to exceed our clients’ expectations. We’re on the threshold of transformational growth and very enthusiastic about this next phase of our company’s future.” About Digital Insurance Digital Insurance ( digitalinsurance.com ) is the largest employee benefits-only company in the United States. Distinguished by its focus on innovation, advocacy and education, the company creates greater value for employers and inspires individuals to become more engaged healthcare consumers. Its main division, Digital Benefit Advisors ( digitalbenefitadvisors.com ), offers experienced, local market experts in communities across the country, providing innovative solutions and expanded services to help companies meet their strategic business objectives. Headquartered in Atlanta, Digital serves more than 26,000 companies, partners with 275 leading industry businesses and manages more than $2 billion in premiums. A subsidiary of Fidelity National Financial (NYSE: FNF), Digital Insurance has been named to the Inc. 5000 List of America’s fastest-growing companies every year since the honor’s inception in 2007. About Fidelity National Financial Fidelity National Financial, Inc. (FNF) is organized into two groups, FNF Core (NYSE: FNF) and FNF Ventures (NYSE: FNFV). Through its core operations, FNF is a leading provider of title insurance, technology and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. FNF also provides industry-leading mortgage technology solutions and transaction services, including MSP®, the leading residential mortgage servicing technology platform in the U.S., through its majority-owned subsidiaries, Black Knight Financial Services, LLC and ServiceLink Holdings, LLC. In addition, its FNFV group owns majority and minority equity investment stakes in a number of entities, including American Blue Ribbon Holdings, LLC, J. Alexander's, LLC, Ceridian HCM, Inc., Fleetcor Technologies, Inc. and Digital Insurance, Inc. More information about FNF can be found at fnf.com. About Compass Consulting Group Compass Consulting Group ( compasscgi.com ) is the leading provider of innovative employee health and wellness benefits consulting, services, and solutions. Compass consultants are experts in employee benefits plan design, risk management, actuarial analysis, and year-over-year cost reduction strategies. Founded in 1995 and headquartered in Jacksonville, Fla., the company manages $1.3 billion in premium volume for more than 250,000 subscribers in 33 states, making it one of the Southeast’s largest benefit providers. About Prospective Risk Management Prospective Risk Management (PRM) ( prm-corp.com ) is a premier risk management firm headquartered in Jacksonville, Fla. Originally a division of Compass, PRM was incorporated in 2006 to provide third-party underwriting services. Today PRM provides a full suite of risk assessment, predictive modeling and applied actuarial services to over 250,000 enrolled subscribers throughout the United States. View source version on businesswire.com: http://www.businesswire.com/news/home/20150723005071/en/ For Digital Insurance Inc.