The Plexus Groupe
The Plexus Groupe is a privately held, independent insurance advisory firm headquartered in Illinois that delivers property/casualty, employee benefits, private client, retirement plan, and M&A insurance solutions to mid-to-large enterprises and high-net-worth individuals across five U.S. offices and through the Assurex Global network.
- Company typePrivate
- Founded1990
- HeadquartersChicago, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What The Plexus Groupe does
The Plexus Groupe is a privately held, independent insurance advisory firm headquartered in Deer Park, Illinois, with additional offices in Chicago, Dallas, Oklahoma City, and Tampa. Founded in 1990 as Fawcett Insurance Agency and rebranded in 2000, the firm operates across five integrated practice areas: Business Solutions (property & casualty with industry specializations including Power Generation, Real Estate, Manufacturing, Private Equity, Construction, Hospitality, Technology, Transportation/Aviation, Cannabis, and Cyber), Employee Benefits (healthcare cost management, compliance, and administration), Private Client personal insurance for high-net-worth individuals, Retirement Services through its wholly-owned subsidiary Plexus Financial Services LLC (a SEC-registered, FINRA/SIPC-member registered investment advisor), and Mergers & Acquisitions advisory. Since 2024 the firm has been a member of Assurex Global, giving it servicing reach in over 130 countries.
The firm's technology stack centers on proprietary, non-AI tools rather than platform software: the Axis risk-assessment framework, PATH (Plexus Analytics Tool for Healthcare) for clinical claims analytics and ROI benchmarking, and Plexconnect compliance management software for benefits administration and ACA reporting, alongside a self-service small-business quoting portal through third-party partner WithLyr/Layar. No API, SDK, or developer portal exists; integrations are limited to the WithLyr partner portal.
The Plexus Groupe earns revenue through insurance brokerage commissions and fee-based advisory across its five practices. It sells primarily through an enterprise field-sales motion with dedicated client service teams, augmented by a self-serve SMB portal. The firm has completed eight acquisitions across 2016, 2020, and 2022, holds an equity-partnership ownership model (with two new equity partners named in December 2025), and ranks #90 on Business Insurance's Top 100 Largest Brokers of U.S. Business list (2026, fifth consecutive year of recognition).
The Plexus Groupe firmographics
Firmographics- Name
- The Plexus Groupe
- Legal name
- The Plexus Groupe LLC
- Website
- https://plexusgroupe.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Plexus Groupe is a privately held, independent insurance advisory firm headquartered in Illinois that delivers property/casualty, employee benefits, private client, retirement plan, and M&A insurance solutions to mid-to-large enterprises and high-net-worth individuals across five U.S. offices and through the Assurex Global network.
- Ownership category
- akta.pro rank
The Plexus Groupe industry classification
Industry- Product category
- Commercial Insurance Brokerage and Advisory
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Funds (525190)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
- akta.pro secondary industry
- Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF)
Keywords
Where The Plexus Groupe is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
The Plexus Groupe business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Brokerage and Advisory Services: The company generates revenue through insurance brokerage commissions and advisory fees for risk management, employee benefits, private client, retirement services, and M&A advisory. Revenue is derived from commissions on insurance placements and fee-based consulting services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
The Plexus Groupe product offering
Product offeringCore offering
The Plexus Groupe is an independent insurance brokerage and advisory firm delivering property and casualty coverage, employee benefits, retirement plan advisory, high-net-worth personal insurance, and M&A insurance solutions. The firm serves clients through dedicated practice areas supported by proprietary tools including the Axis risk assessment framework, PATH healthcare analytics, Plexconnect compliance software, and Plexus Technology Services. It writes business in all 50 U.S. states and extends internationally through its Assurex Global partnership.
Product overview
The Plexus Groupe is an independent insurance advisory firm offering a comprehensive portfolio of insurance and risk management services. The core offerings include Business Solutions (property & casualty with multiple industry specializations), Employee Benefits Solutions (healthcare and benefits administration), Private Client Personal Insurance (high-net-worth personal coverage), Retirement Services via Plexus Financial Services subsidiary, and Mergers & Acquisitions advisory. Supporting technology includes PATH analytics for healthcare claims, Plexconnect compliance software, and the proprietary Axis risk assessment framework. A self-service small business portal powered by WithLyr provides instant quotes for basic coverages.
Differentiator
Problem solved
Functional benefit
Brands
- Plexus Financial Services: Wholly-owned subsidiary specializing in corporate retirement plan advisory services including 401(k), profit-sharing plans, 403(b), 457(b), and non-qualified plans.
- Axis
- PATH (Plexus Analytics Tool for Healthcare)
Products and services
- Business Solutions
- Employee Benefits Solutions
- Private Client Personal Insurance
- Retirement Services
- Mergers and Acquisitions Insurance Advisory
- Self-Directed Small Business Insurance Portal
Quantifiable outcome
- 30% cost reduction for clients
- +4 more outcomes
Companies that use The Plexus Groupe
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles4 records
The Plexus Groupe technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
The Plexus Groupe partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Assurex GlobalcoreAssurex Global is the world's largest network of privately held insurance brokers. The Plexus Groupe joined as a partner in 2024, gaining access to unparalleled resources and local expertise across over 130 countries and five continents. This partnership enables the company to provide comprehensive solutions with a personal touch backed by a global partnership.
Scale indicators6 records
Recent moves15 records
Expansion highlights6 records
The Plexus Groupe competitors and assessment
Company assessmentDirect peers
- USI Insurance Services: USI is a privately held insurance brokerage serving mid-market and large commercial clients across property/casualty, employee benefits, and personal lines—comparable to Plexus in target customer profile, geographic distribution across multiple U.S. regions, and practice-area breadth.
- Hub International: Hub International is one of the largest privately held insurance brokerages in North America, operating across commercial insurance, employee benefits, and personal lines with a multi-state office footprint and acquisition-driven growth model that closely mirrors Plexus' strategy and target customer segments.
- Alliant Insurance Services: Alliant is a privately held specialty-focused insurance brokerage with strong employee benefits and retirement advisory practices, a multi-state office footprint, and consistent Top 25 ranking—comparable to Plexus in service mix and customer profile, with somewhat broader scale.
- AssuredPartners: AssuredPartners is a PE-backed (GTCR) national insurance brokerage with a strong acquisition-led growth playbook, multi-state office network, and diversified commercial/personal/benefits practices—making it one of the closest structural analogs to Plexus' growth trajectory.
- Woodruff Sawyer: Woodruff Sawyer is a privately held commercial insurance brokerage specializing in mid-to-large business clients across real estate, healthcare, construction, and technology verticals—directly comparable to Plexus in private ownership, vertical specialization, and target customer size.
- Lockton Companies: Lockton is the world's largest privately held insurance broker, with deep specialty practices, strong employee benefits and retirement capabilities, and a fierce independence ethos that mirrors Plexus' "fiercely independent" positioning while operating at materially larger scale.
- Brown & Brown Insurance: Brown & Brown is a publicly traded national insurance brokerage with a decentralized operating model, deep specialty practices, and a long history of organic-plus-acquisition growth—directly comparable to Plexus in product breadth, customer segments, and distribution model.
- OneDigital: OneDigital is a privately held insurance, financial services, and HR consulting firm combining employee benefits brokerage with retirement advisory—closely analogous to Plexus' integrated employee benefits + retirement services (Plexus Financial Services) model.
Broad incumbents
- Arthur J. Gallagher & Co. Gallagher is a global, publicly traded insurance brokerage and risk management firm serving mid-to-large commercial, benefits, and retirement clients—broadly overlapping Plexus' practice areas while operating at significantly larger scale across multiple segments.
- Marsh McLennan: Marsh is the world's largest insurance broker and risk advisor, serving enterprise and global clients across commercial insurance, benefits consulting (Mercer), and retirement—operating as a top-of-list incumbent against which mid-sized brokers like Plexus compete for premium accounts.
Market position
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
The Plexus Groupe social profiles
Digital presenceThe Plexus Groupe financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Plexus Groupe leadership team
Management profileNumber of profiles
Profiles23 records
The Plexus Groupe subsidiaries and ownership
Company hierarchySubsidiaries1 record
The Plexus Groupe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Plexus Groupe M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Plexus Groupe
What does The Plexus Groupe do?
The Plexus Groupe is an independent insurance brokerage and advisory firm delivering property and casualty coverage, employee benefits, retirement plan advisory, high-net-worth personal insurance, and M&A insurance solutions. The firm serves clients through dedicated practice areas supported by proprietary tools including the Axis risk assessment framework, PATH healthcare analytics, Plexconnect compliance software, and Plexus Technology Services. It writes business in all 50 U.S. states and extends internationally through its Assurex Global partnership.
Is The Plexus Groupe a public or private company?
The Plexus Groupe is a private company. It is classified as management employee owned and is currently operating.
When was The Plexus Groupe founded?
The Plexus Groupe was founded in 1990. It employs 101 to 250 people.
Where is The Plexus Groupe based?
The Plexus Groupe is headquartered in Chicago, United States, in the North America region.
How does The Plexus Groupe make money?
One revenue line is on record: insurance Brokerage and Advisory Services.
Who are The Plexus Groupe's main competitors?
Direct peers on record are USI Insurance Services, Hub International, Alliant Insurance Services, AssuredPartners, Woodruff Sawyer, Lockton Companies, Brown & Brown Insurance and OneDigital. Broad incumbents are Arthur J. Gallagher & Co. and Marsh McLennan.
Does The Plexus Groupe have an API?
No public API is recorded for The Plexus Groupe.
What industry is The Plexus Groupe in?
The Plexus Groupe's product category is Commercial Insurance Brokerage and Advisory. Its primary akta.pro industry code is FSAAACAI, Insurance-Integrated Wealth Managers (RIA + Insurance Solutions), with a secondary code of FSAAACAF, Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)). Its NAICS code is 5242 and its SIC code is 6411.