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Segal is a benefits and human resources consulting firm headquartered in New York City, with 1,100 employees throughout the U.S. and Canada.[1] It is the parent of Segal Marco Advisors, Segal Select Insurance Services, Inc., and Segal Benz.[2]
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Company type | Consultancy |
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Industry | Human resources, actuarial and benefits consulting |
Founded | 1939 |
Headquarters | New York City, New York Offices in the US and Canada |
Key people | President and CEO: David Blumenstein; Chairman: Joseph A. LoCicero |
Services |
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Number of employees | 1,100 |
Website | www.segalco.com |
History
editSegal was founded in 1939 by Martin E. Segal as the Martin E. Segal Company in New York,[3][4] which provided consultants and actuaries for employee benefit plans.[4]
In 1969, the company founded Segal Advisors as its investment consulting unit. In 1991, the company’s name was shortened to The Segal Co. When Segal acquired Rogerscasey in 2012, the name of the investment unit changed to Segal Rogerscasey.[3][5]
In 2013, Segal’s Fiduciary Liability Insurance Practice was incorporated as the insurance brokerage subsidiary of Segal and renamed Segal Select Insurance Services, Inc.[6]
In 2019, Segal’s communication practice combined with recent acquisition Benz Communications to form Segal Benz.[2]
Services
editSegal offers services in actuarial consulting, retirement benefits, health and group health benefits, compliance, communications, HR administration and technology, insurance brokerage related to HR and benefit plans (such as fiduciary liability, cyber liability, employment practice liability insurance and fidelity bonds), human capital, executive and employee compensation and rewards, organization effectiveness and workforce planning, talent and performance management, and investment.[7]
Acquisitions and mergers
editReferences
edit- ^ "About Segal". Segal. Retrieved 2019-03-18.
- ^ a b c d "The Segal Group adds San Francisco HR and benefits consultancy". www.consulting.us. 2019-01-24. Retrieved 2024-07-17.
- ^ a b "Segal Co. founder Martin Segal dead at 96 | Business Insurance". www.businessinsurance.com. Retrieved 2024-08-05.
- ^ a b Pogrebin, Robin (2012-08-05). "Martin E. Segal, Titan of the Arts in New York City, Dies at 96". The New York Times. ISSN 0362-4331. Retrieved 2024-08-05.
- ^ Appell, Douglas (3 February 2012). "Segal Advisors acquires Rogerscasey". Pensions & Investments. Retrieved 29 August 2024.
- ^ "Segal Expands, Renames Fiduciary Liability Insurance Practice". Insurance Journal. 2013-01-07. Retrieved 2024-08-20.
- ^ "Consulting Services | Segal". www.segalco.com. Retrieved 2020-01-28.
- ^ "Segal Marco Advisors Portfolio Investments, Segal Marco Advisors Funds, Segal Marco Advisors Exits". www.cbinsights.com. Retrieved 2024-09-04.
- ^ Graham, Patrick (8 June 2022). "Segal Purchases Union Services Agency". Mergers & Acquisitions. Retrieved 4 September 2024.