GMG Acquires Employee Benefits Agency to Enhance Services
- January 07, 2019
GMG Acquires Superior Benefit Plans to Bolster Insurance Programs and Enhance Client Experience
The acquisition increases GMG’s breadth of services, capital management and technological capabilities
Langhorne, PA -– GMG Insurance Agency (GMG), an independent insurance and risk management agency offering nationwide coverage and services, announced the acquisition of Superior Benefits Plans, LLC., an independent employee benefits insurance brokerage firm. The acquisition not only expands upon GMG’s technological capabilities and capital management strategy but promises to advance its nationally renowned insurance programs and customer service experience.
Located in Lahaska, PA, Superior Benefits Plans has offered cost-effective benefit options, administration and compliance to clients since 1999. With a forward-thinking approach that includes the use of cutting-edge technology, the company delivers superior plans and health and welfare services that save client’s money, remove administrative burdens and provide easy-to-understand regulatory compliance tools.
The acquisition, which centers on innovation, builds upon GMG’s commercial and residential insurance product that has been offered on a national scale since 1937. GMG will leverage Superior Benefit Plans’ strategic use of technology to provide a more convenient service experience to its clients—an industry-wide demand that is requiring companies to prioritize their service experience or risk being left behind.
“Superior Benefits Plans has earned an impressive reputation with nearly two decades of experience led by future-minded professionals,” said Charles A. Thomas, fellow GMG Agency Principal and Owner. “We admire the level of quality they have provided their clients, and believe that by combining our capabilities and expertise, we’ll be able to meet the industry’s needs and forge ahead as an agency.”
“Our team is happy to lend our expertise in employee benefit plans and strategic planning to GMG,” said Marybeth Snyder, Founder of Superior Benefits Plans. “Both of our organizations recognize that the people we serve today require creative solutions to modern challenges. Because we share similar visions, we’re confident that we can continue to deliver those solutions through GMG.