HJI Announces Merger with The Benefit Services Group (BSG)

We are excited to announce our merger with The Benefit Services Group, Inc. (BSG®) effective April 17, 2017.

Merger - with captions

BSG is an employee benefits and wellness consulting, data analytics, and brokerage firm. They are nationally recognized to get to the core of what is driving clients’ plan cost and offer solutions to controlling those drivers. BSG has been providing these services for 30 years and is located in Pewaukee, WI.

BSG has provided data analytic services to several of our clients and collaborated on larger, self-insured clients. Servicing these large accounts together created a strong partnership. During this working relationship, it became apparent that clients of both companies would benefit from the distinctly different services each company has to offer.

We continue to build upon our strengths of being a multi-faceted, service-focused agency. Combining our expertise with BSG’s data analytics expertise and wellness consulting allows us to bring a far greater range of services to our current and prospective clients.

BSG and HJI merged through a newly created holding company. I will remain President while Jerry Frye, President of BSG, will be the CEO. Tim Hausmann will remain Chairman of the Board. HJI’s Madison office and BSG’s Pewaukee office will continue to operate relatively independent of each other, continuing to focus on our main areas of strength, while having the ability to draw upon the service offerings of the other to meet clients’ needs. As both companies have strong brand identities in the insurance and employee benefits market, the plan is for each to retain their current names and branding for the immediate future.

The culture we have created with our clients and our employees will not change. We take enormous pride in the collaborative work environment we’ve created and the relationships we’ve established with our clients. It was important to our agency that we only enter into a growth opportunity with a company that shares a similar mission, vision and values. I expect there will be many great possibilities for both companies, and our clients, because of this venture.

Our commitment to our clients’ success will always remain our number one priority and was the driving force behind this merger. Everything we do is to make sure our clients receive what they need to continue to grow and be successful – BSG now joins with us in that mission.

Please reach out to me if you have further questions about BSG and our expanded services. 

Thank You.

About the Author

Barry Richter

Posted in: Hausmann-Johnson Insurance

Posted by Barry Richter

Barry joined Hausmann-Johnson Insurance in 2010 and was later named President in 2014. During his time as President, the agency has been named on the lists of 10 Best Workplaces in Insurance (2015), 50 Best Workplaces for Giving Back (2016), and Best Small Workplaces (2016, 2017, and 2018) by Fortune. Prior to joining Hausmann-Johnson Insurance, Barry gained insurance industry experience as a commercial agent after concluding a long career playing professional hockey. Barry is a graduate of the University of Wisconsin – Madison School of Business, and holds a BBA in Marketing. He played hockey for the Badgers during that time, went on to represent Team USA in the 1994 Olympic Games and played professionally for 15 years. He sits on the American Family Children’s Hospital’s advisory board and is co-chair of the Benefit Advisors Network’s board of directors. Additionally, he and his father run a golf outing each year for Easter Seals and have raised over $1,000,000 for the children at Camp Wawbeek. Barry enjoys fishing, golfing and going up north with his family. He and his wife Kim have 4 children and reside in Verona, WI.