US-based employee benefits-only agency Digital Insurance has acquired Ovation Benefits, an independent employee benefits firm, with a strategy to strengthen its advisors' network in the country.
Post-acquisition, the acquired entity will operate as Digital Benefit Advisors (DBA), which has 20 offices throughout the US.
Under the terms of the agreement, managing principals Bill Carew and Brian Driscoll, along with their 45-member staff joined DBA to deliver clients enhanced offerings and greater support.
Digital Insurance chief marketing officer and DBA executive vice president Mike Sullivan said, "Bringing Ovation into the DBA network marks our largest acquisition to date and represents an inflexion point in the growth of Digital Benefit Advisors."
"This new alliance will reshape the employee benefits landscape in Connecticut and strengthen our marketplace position throughout New England."
Digital Insurance is a subsidiary of Fidelity National Financial (FNF).
