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Life Health > Health Insurance

Arison Scoops Up Benefits Solutions

By staff Writer

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Arison Insurance Services Inc. has acquired another employee benefits broker.

Arison, Louisville, Ky., is making the smaller broker, Benefits Solutions L.L.C., London, Ky., its seventh regional office in Kentucky.

Assurance Investment Partners, Louisville, acquired Arison from a unit of WellPoint Inc., Indianapolis (NYSE:WLP), in 2008.

Benefits Solutions manages health insurance, 401(k) plans, and ancillary insurance programs, including life, disability, dental, vision and cancer insurance programs.

David Combs, the chief executive officer at Benefits Solutions, is now director of ancillary products at Arison, and other agency staffers will also go to work for Arison, the company says.

Combs says he agreed to the deal partly because he believes Arison has the resources needed to respond to federal efforts to change the health finance system.

Assurance Investment Partners says it hopes to make Arison “a nationally branded, top 50 independent agency offering a broad spectrum of insurance and benefit products and services.”

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