Digital Insurance Secures $120M Credit Agreement

ATLANTA--(BUSINESS WIRE)--

Digital Insurance (digitalinsurance.com), the nation's largest employee benefits-only advisor, successfully secured a $120M credit facility, underscoring Digital's growth potential, marketplace leadership and experience in the deployment of acquisition capital. A syndicate of five financial institutions -- led by Bank of America Merrill Lynch, N.A. and JPMorgan Chase Bank, N.A., and joined by PNC Bank, N.A., Regions Bank and Newbridge Bank -- partnered with Digital to provide growth-oriented financing for the next phase of the company's robust strategy of consolidation in key markets around the country.

"We have a clear understanding of what it takes to attract agency partners who will thrive as part of Digital," says Adam Bruckman, president and CEO, Digital Insurance. "Our lending group clearly understands the pipeline of acquisitions we have in place and our ability to execute on these transactions."

About Digital Insurance

Digital Insurance (digitalinsurance.com) is the largest employee benefits-only company in the United States. Distinguished by its focus on innovation, advocacy and education, the company creates greater value for employers and inspires individuals to become more engaged healthcare consumers. Its main division, Digital Benefit Advisors (digitalbenefitadvisors.com), offers experienced, local market experts in communities across the country, providing innovative solutions and expanded services to help companies meet their strategic business objectives. Digital serves more than 26,000 companies, partners with 275 leading industry businesses and manages more than $2 billion in premiums. A subsidiary of Fidelity National Financial FNF, Digital Insurance has been named to the Inc. 5000 List of America's fastest-growing companies every year since the honor's inception in 2007.