History of BenefitMall

With a dedicated commitment to the broker community, BenefitMall has proudly been providing general agency services to health insurance brokers for over 40 years.

2022

Truist/CRC Group, the leading wholesale and specialty insurance distributor in North America, acquires BenefitMall. BenefitMall acquires Mutual Med, strengthening Midwest presence.

2021

BenefitMall Marketplace powered by Ease® and the Power of YOU broker loyalty programs launch.

2020

BenefitMall sells payroll division to ADP.

2019

BenefitMall releases Agency Workspace, home base for broker technology including Client Ready Quote System® (CRQS) and Online Enrollment.

2019

BenefitMall acquires Brown & Brown of Pennsylvania’s GA entity.

2018

Scott Kirksey named CEO. BenefitMall acquires two general agencies—FILCO and Slattery GA. BenefitMall acquires Planet Payroll.

2018

Headquartered in Dallas, TX with over 1,200 employees across the country.

2018

BenefitMall surpasses $5.0 billion in premiums under management.

2017

Global alternative asset manager, The Carlyle Group acquires BenefitMall

2013

BenefitMall launches new company brand to consolidate its benefits business with the payroll services of CompuPay. With the tagline “All Together, Better”, BenefitMall is now the nation’s largest provider of health benefits and payroll solutions.

2012

Merges with CompuPay creating the leading national provider of integrated employee benefits and payroll solutions.

2011

Releases a new Broker Workspace where brokers can view the status of their cases, access exclusive quoting tools, search for documents, and much more.

2010

Launches BenefitMall Individual Exchange, an online solution designed to help Brokers manage their individual business. BenefitMall acquires NAS Financial Services in Morristown, NJ.

2010

BenefitMall acquires BenefitPort Southwest, a full-service General Agency with a division specializing in Senior Products. CompuPay completes two acquisitions, Advanced Payroll Systems in Modesto CA, and Key Payroll Online in Seattle, WA. CompuPay enters into agreement with Safe Software to provide outsourced payroll services to Sage clients.

2007

CompuPay opens new offices across the country including offices in Florida, Massachusetts, Connecticut, Colorado, Illinois, Maine, and Texas.

2006

BenefitMall acquires Comrisk Insurance, a full-service General Agency specializing in stop loss insurance. BenefitMall acquires Weston Group Benefits, LLC in the northeast. BenefitMall acquires BenefitPort Southeast that services agents throughout the state of Florida. BenefitMall partners with Allied Capital Corporation, the largest business development corporation in the U.S.

2005

CompuPay acquires PayMaxx, Inc, a Tennessee-based payroll provider.

2001–2004

BenefitMall acquires Colorado Group Services, a full-service General Agency. BenefitMall acquires Group One Source, a national employee benefits marketing organization. CompuPay makes its first acquisition in TPM, a California based payroll processor.

2000

BenefitMall launches a 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 on the east coast.

1999

Centerstone Insurance and Financial Services 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

Centerstone launches the first online insurance quote engine.

1995

Humana acquires Emphesys and its related affiliates, including Centerstone Insurance and Financial Services.

1994

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

1993

West Coast becomes Centerstone Insurance and Financial Services after a series of acquisitions.

1991

West Coast acquires a General Agency in California called Multiple Services, Inc.

1985

West Coast launches the first software application capable of producing multi-carrier quotes in real time – an industry breakthrough from brokers.

1980

CompuPay is founded by Miami based entrepreneur.

1979

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

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© 2024 Centerstone Insurance and Financial Services, LLC d/b/a BenefitMall. California License No. 0639679. No claim to any government works or material copyrighted by third parties. This material is intended for licensed insurance agency use only. This is not intended for business owner or insured use. If you are not a licensed agent, please disregard this communication.
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