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Follow on Google News | Citing Growth, Comprehensive Benefit Administrators Moving to New LocationBy: Comprehensive Benefit Administrators The move was announced by Michael McKenna, CEO and founder, who said that the relocation increases the company's office space from 4,000 square feet to 6,100 square feet. He said that the move has been driven by the company's growth, fueled by the change in its organizational structure from acting solely as an insurance broker to expanding to a full benefits management firm. Today, CBA is three separate companies under the oversight of Comprehensive Benefit Administrators. These entities include their Partner Benefit Group division, specializing in medical, dental, life, disability and group health insurance brokerage; their Reimbursement Specialists, Inc. division, a third-party claims administrator for companies looking to save on their healthcare costs through creative healthcare funding options; and ComplianceSource, a division that advises and assists companies in becoming compliant with federal organizations. In addition, Comprehensive Benefit Administrators' claims administration businesses has grown by over 50% in the last 24 months, in part due to additional technology investments and teaming up with Marsh & McLennan Agency and other large firms. The company has also implemented a strategic business plan that calls for three acquisitions over the next three years; they are about to go to due diligence with their first acquisition this month. "We're very exciting about moving to a space that better fits our growing company," said McKenna. "Our new space will augment our efforts on behalf of our clients. We're also anticipating bringing on new hires in an environment that cultivates and sustains growth," he added. Comprehensive Benefit Administrators will be hosting an Open House and Ribbon-Cutting to celebrate its new location later this spring. About Comprehensive Benefit Administrators Comprehensive Benefit Administrators (www.cbacompanies.com), previously known as Partners Benefit Group, was founded by Norwell resident Michael McKenna. Under his direction, the firm changed its name to Comprehensive Benefit Administrators to more accurately reflect the wider scope of services that the company offers. Comprehensive Benefit Administrators (CBA) combines traditional brokerage services with specialty services such as advocacy, claims administration, benefits expertise, and compliance, to provide customers with extensive capabilities through one source. Offering a wide range of resources, Partners Benefit Group division, specializing in medical, dental, life, disability and group health insurance; their Reimbursement Specialists, Inc. division, a third-party claims administrator advising companies on how to save on their healthcare costs through creative healthcare funding options; and ComplianceSource, a division which advises and assists companies in becoming compliant with federal organizations. To learn more about the company, visit www.cbacompanies.com or call (877) 993-5600. Comprehensive Benefit Administrators is located at 120 Longwater Drive, Suite 102, Norwell, MA 02061. End
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