This Segal guides you through the complexities of HR
programs. The Segal Group is an employee-owned actuarial, benefits,
compensation, and consulting services firm that primarily does
business through subsidiary The Segal Company. Segal focuses on
employees in the corporate, government, and not-for-profit sectors
and offers its services to clients throughout North America, as
well as select overseas markets. Its Sibson Consulting subsidiary
offers HR consulting services with expertise in talent and
performance management, sales force effectiveness, and
compensation. Its Segal Advisors unit offers investment
services. Formed in 1939, the Segal Group operates through
more than 20 offices across the US and Canada.
Segal Group has office locations in and around about 25 major US
cities, as well as in Calgary, Toronto, and Montreal in Canada.
Sales and Marketing
The company's Sibson Consulting subsidiary specializes in
serving corporations and not-for-profit entities. Segal
Group's other customers include a range of federal, state, and
local government entities, as well as professional service firms
and joint boards of trustees responsible for administration of
multi-employer health and welfare plans. Multi-employer
clients are typically in the construction, entertainment,
manufacturing, retail, service, and transportation industries.
Overall, Segal Group serves thousands of client representing
some 8 million employees and their dependents.
Key to Segal Group's operating strategy is broadening its
product portfolio and client base through targeted
acquisitions. The company has grown its benefits and investment
operations through purchases in recent years. Segal also seeks to
attract and retain long-term clients by providing timely services
that are catered to its specific clientele.
Mergers and Acquisitions
During fiscal 2014 the company acquired a portion of the
business of Moroni Fantin, an employee benefits consulting firm
located in the Detroit, Michigan area specializing in working with
Michigan and national, mid-market, self-insured health plans. The
deal enhanced and complemented Segal Group's corporate and public
sector health practices in the Midwest and nationally.