The Segal Group
The Segal Group is an independent, employee-owned benefits, compensation and HR consulting firm founded in 1939, serving thousands of organizations across multiemployer, public sector, healthcare, higher education and other verticals with advisory, brokerage and AI readiness services in North America.
- Company typePrivate
- Founded1939
- HeadquartersNew York, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What The Segal Group does
The Segal Group, Inc. is an independent, employee-owned benefits, compensation and human resources consulting firm founded in 1939 and headquartered in New York. The firm delivers a broad advisory platform spanning health benefits consulting, retirement consulting (defined benefit, hybrid pension and defined contribution plans), actuarial services, compliance consulting (ERISA, SECURE 2.0, PBGC, HIPAA), benefit audits, compensation and career strategies, organizational effectiveness, HR and benefits communications, administration and technology consulting, and dedicated AI readiness and governance advisory. It also operates a commercial insurance brokerage covering property and casualty, cyber liability, fiduciary liability, fidelity bonds, employment practices liability and umbrella lines, plus investment consulting through affiliated Segal Marco Advisors. A proprietary SHAPE data warehouse supports health plan benchmarking and trend analysis.
Segal generates revenue through professional consulting fees (project- and retainer-based enterprise engagements) and insurance brokerage commissions, with annual commission disclosure provided to clients. Its go-to-market is consultative and relationship-driven rather than product-led, supported by content marketing (a 16,000+ subscriber newsletter), annual surveys, webinars and the flagship 20th Annual IT Summit. The firm serves thousands of organizations across at least nine verticals — multiemployer plans, public sector, healthcare, higher education, AEC, energy, professional services, sports, and TMT — employing more than 1,100 staff throughout North America. Segal claims #1 market share in multiemployer consulting and supported clients in securing ~98% approval of $75.7 billion in Special Financial Assistance applications through PBGC as of December 31, 2025.
The Segal Group firmographics
Firmographics- Name
- The Segal Group
- Legal name
- The Segal Group, Inc.
- Website
- https://segalco.com
- Company type
- Private
- Founded year
- 1939
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- The Segal Group is an independent, employee-owned benefits, compensation and HR consulting firm founded in 1939, serving thousands of organizations across multiemployer, public sector, healthcare, higher education and other verticals with advisory, brokerage and AI readiness services in North America.
- Ownership category
- akta.pro rank
Where The Segal Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
The Segal Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Consulting Services Revenue: Segal generates revenue through professional consulting fees for HR, benefits, retirement and organizational effectiveness services. Fees are likely structured as project-based or retainer arrangements for enterprise clients.
- Insurance Brokerage Commissions: Segal is primarily compensated through commissions paid by insurance carriers for property and casualty, fiduciary liability and other insurance placements. The company discloses commission amounts annually in writing to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One-time | IT Summit Registration - Single person |
| Other | One-time | IT Summit Registration - Group (2+ from same organization) |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
The Segal Group product offering
Product offeringCore offering
Segal is a benefits, compensation and human resources consulting firm that delivers advisory services in health benefits, retirement plan design and administration, compliance, organizational effectiveness, compensation strategy, benefit audits, and communications to multiemployer plans, public sector entities, healthcare, higher education, AEC, energy, and other organizations. The firm also operates a commercial insurance brokerage practice placing property and casualty, fiduciary liability, cyber liability and fidelity bond coverage, and publishes annual industry surveys and benchmarks.
Product overview
The Segal Group is a leading benefits, compensation and human resources consulting firm offering a comprehensive suite of advisory services. The core offerings include Health Benefits Consulting, Retirement Consulting (covering defined benefit, hybrid pension, and defined contribution plans), and Administration and Technology Consulting (ATC) for benefit plan administration. Additional services include AI consulting for organizational readiness and governance, Benefit Audits, Compliance Consulting (ERISA, SECURE 2.0, PBGC, HIPAA), Compensation strategies, Financial Well-Being programs, Organizational Effectiveness, HR Communications, and Commercial Insurance Brokerage. The insurance brokerage practice offers Property & Casualty, Cyber Liability, Fiduciary Liability, Fidelity Bonds, and Umbrella coverage. Segal Marco Advisors provides Investment Solutions. Segal also publishes annual industry surveys including the Health Plan Cost Trend Survey and Multi-Employer Zone Status Survey. The firm serves diverse industries including multiemployer plans, public sector, healthcare, higher education, architecture/engineering/construction, and energy sectors across North America with over 1,100 employees.
Differentiator
Problem solved
Functional benefit
Products and services
- Health Benefits Consulting
- Retirement Consulting
- Administration and Technology Consulting (ATC)
- Artificial Intelligence Consulting
- Benefit Audits
- Compliance Consulting
- Compensation and Career Strategies Incentive compensation plan design, career advancement strategies and total rewards program development.
- Financial Well-Being Programs helping organizations support employees' financial security through retirement planning and financial wellness initiatives.
- Organizational Effectiveness Consulting on workforce planning, management, organizational structure, change management and succession planning.
- HR and Benefits Communications Employee engagement and communication campaigns to help organizations connect workforces to their total rewards and benefit programs.
- Commercial Insurance Brokerage Services Insurance brokerage for property and casualty coverage, cyber liability, fiduciary liability, fidelity bonds, employment practice liability, and umbrella insurance.
- Property and Casualty Insurance P&C brokerage services for facilities, employees, operations, fleet vehicles, and risk mitigation including business-interruption, equipment breakdown, and event cancellation coverage.
- Investment Solutions (Segal Marco Advisors) Investment consulting and advisory services for multiemployer plans, pension funds, and institutional investors, delivered via affiliated Segal Marco Advisors.
- PBM Contracting and Audit Services Pharmacy benefit manager contract evaluation, rebate optimization, spread pricing management, and PBM audits to reduce prescription drug costs for health plans.
- Out-of-Network Repricing Services Negotiation service that uses Medicare fee allowances as a basis to negotiate healthcare provider rates and manage No Surprises Act claims.
- Segal Health Plan Cost Trend Survey Annual survey of health plan cost trends covering medical, pharmacy, dental and vision projections based on data from managed care organizations, insurers, PBMs and TPAs.
- Multiemployer Zone Status Survey Annual survey providing data on zone status of multiemployer pension plans, including funding levels and investment performance; 2026 edition covered 179 plans representing over $202 billion in assets and 2.7 million participants.
Quantifiable outcome
- Helped recover $500,000 in overpaid claims for a large teachers' retirement fund through benefits audit
- +4 more outcomes
Companies that use The Segal Group
Customer profileNamed customers6 records
Segments9 records
Ideal customer profiles5 records
The Segal Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature2 records
The Segal Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Segal Marco AdvisorscoreSegal Marco Advisors provides investment solutions and is referenced as an affiliated entity providing investment consulting services. The partnership enables Segal to offer comprehensive retirement consulting including investment management and fund forecasting.
- Pension Benefit Guaranty Corporation (PBGC)corePBGC is a U.S. government agency that guarantees pension benefits. Segal helps clients navigate SFA applications from PBGC and monitors regulatory changes. Approximately 98% of the $75.7 billion SFA application amount was approved as of December 2025.
- Department of Labor (DOL)coreDOL establishes regulations for employee benefit plans under ERISA. Segal provides compliance guidance based on DOL regulations including SECURE 2.0 implementation and benefit statement delivery rules.
Scale indicators10 records
Expansion highlights5 records
The Segal Group competitors and assessment
Company assessmentDirect peers
- Arthur J. Gallagher & Co. Gallagher is a major insurance brokerage and risk-management firm serving many of the same multiemployer, public-sector and not-for-profit clients as Segal, with overlapping P&C, fiduciary liability and cyber brokerage offerings.
- Aon: Aon is a global professional services firm with significant retirement, health and benefits consulting as well as commercial risk brokerage, providing direct overlap with Segal's consulting and brokerage practices.
- Mercer: Mercer (a Marsh McLennan business) is one of the largest global health, retirement and talent consulting firms, with deep multiemployer and public-sector practices directly comparable to Segal's core offerings.
- Willis Towers Watson (WTW): WTW is a global advisory, broking and solutions firm with health, retirement, risk and insurance brokerage practices that overlap directly with Segal's health benefits, retirement consulting and P&C brokerage services.
- Alliant Insurance Services: Alliant is a specialty insurance brokerage and consulting firm serving public-sector, multiemployer and not-for-profit clients, overlapping with Segal's P&C, cyber liability and employee benefits brokerage practice.
- Hub International: Hub International is a large North American insurance brokerage and benefits consultant serving mid-market and specialty clients; it competes directly with Segal in commercial, employee benefits and P&C brokerage.
- Milliman: Milliman is an actuarial and consulting firm focused on health, retirement, risk and insurance — directly overlapping Segal's actuarial expertise, retirement consulting and health benefits analytics.
- Buck (a Conduent company): Buck is an HR, benefits and pension consulting firm with strong multiemployer and public-sector practices, historically a close competitor to Segal in Taft-Hartley and public retirement plan advisory.
Broad incumbents
- KPMG (People & Change Advisory): KPMG provides HR transformation, pensions and benefits consulting as part of a broader advisory portfolio, competing with Segal on large enterprise HR and compliance engagements.
- Deloitte (Human Capital Services): Deloitte's Human Capital practice offers large-scale HR transformation, compensation and benefits advisory across industries; it's a broader incumbent rather than a niche specialist, but competes in many of Segal's core engagement types.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
The Segal Group social profiles
Digital presenceThe Segal Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Segal Group leadership team
Management profileNumber of profiles
Profiles4 records
The Segal Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Segal Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Segal Group
What does The Segal Group do?
Segal is a benefits, compensation and human resources consulting firm that delivers advisory services in health benefits, retirement plan design and administration, compliance, organizational effectiveness, compensation strategy, benefit audits, and communications to multiemployer plans, public sector entities, healthcare, higher education, AEC, energy, and other organizations. The firm also operates a commercial insurance brokerage practice placing property and casualty, fiduciary liability, cyber liability and fidelity bond coverage, and publishes annual industry surveys and benchmarks.
Is The Segal Group a public or private company?
The Segal Group is a private company. It is classified as management employee owned and is currently operating.
When was The Segal Group founded?
The Segal Group was founded in 1939. It employs 501 to 1,000 people.
Where is The Segal Group based?
The Segal Group is headquartered in New York, United States, in the North America region.
How does The Segal Group make money?
Two revenue lines are on record. Consulting Services Revenue is the primary driver. The others are insurance Brokerage Commissions.
Who are The Segal Group's main competitors?
Direct peers on record are Arthur J. Gallagher & Co., Aon, Mercer, Willis Towers Watson (WTW), Alliant Insurance Services, Hub International, Milliman and Buck (a Conduent company). Broad incumbents are KPMG (People & Change Advisory) and Deloitte (Human Capital Services).
Does The Segal Group have an API?
No public API is recorded for The Segal Group.