Announced
Financials
Tags
Acquisition
Single Bidder
insurance agency
Private
United States
Friendly
Pending
Insurance Brokers
Majority
Synopsis
DigitalBGA, a direct-to-consumer distributor of life insurance, agreed to acquire FEGLI Exchange Program, a technology-based insurance agency focused on helping federal employees navigate their life insurance options through retirement. Financial terms were not disclosed. "We are committed to helping government employees save money by exchanging their FEGLI Option B for coverage on the open market. We'll enhance the software to make it even more helpful and start showing federal employees ways to maximize their pension," Nic West, DigitalBGA Managing Partner.
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