The Safegard Group

What The Safegard Group does

The Safegard Group is a privately held insurance brokerage and risk management consulting firm headquartered in Media, Pennsylvania, founded in 1994 and operating as a division of Patriot Growth Insurance Services, LLC. The firm serves both commercial and individual clients across four product lines: Property and Casualty Insurance, Employee Benefits, Personal Insurance, and Mergers and Acquisitions Services. Commercial clients are concentrated across multiple verticals — construction, healthcare, manufacturing, food processing and distribution, technology and life sciences, chemical, and business owners/non-profits — with construction and healthcare identified as primary segments. The company customizes insurance programs and risk solutions via a sales-led model, leveraging a direct sales force of vertical specialists and relationships with multiple top-rated insurance carriers to deliver broad coverage at competitive pricing.

The company's underlying technology is concentrated in its Employee Benefits division, which uses two third-party benefits administration platforms: BerniePortal (customizable, with payroll integrations to Paylocity and ADP, PTO tracking, and 1094-C/1095-C IRS reporting) and Employee Navigator (enrollment and customer service automation). Supporting platform HR360 is offered to clients for HR assistance and compliance support. The Property and Casualty division adds expert claims management and risk consulting modules (claims handling procedures, reserve analysis, loss control recommendations, alternative risk financing). The M&A Services division deploys MBA-trained staff for insurance due diligence in mergers, acquisitions, spinoffs, and divestments. Compliance support spans HIPAA, ERISA, and ACA.

The business model is a hybrid of insurance brokerage commissions (transaction-fee revenue on policies placed across P&C, employee benefits, and personal lines) and professional services fees (risk management consulting, claims management, cost containment, and alternative risk financing). Pricing is quote-based and not publicly disclosed, structured as custom multi-year contracts determined by client risk profile, industry, and carrier quotes accessed through the firm's carrier relationships. Marketing is conducted through social media, email newsletter, and the company website, with a regional focus on the Philadelphia and Pennsylvania market.

Name

The Safegard Group

Legal name

The Safegard Group, Inc.

Website

https://safegardgroup.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

The Safegard Group is a privately held insurance brokerage and risk management consulting firm headquartered in Media, Pennsylvania, serving commercial and individual clients across construction, healthcare, manufacturing, technology, and other verticals with property and casualty, employee benefits, personal insurance, and M&A due diligence services.

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Risk Management Consulting

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Commercial insurance brokerage
• Risk management consulting
• Employee benefits brokerage
• Property casualty insurance
• Personal insurance coverage

Headquarters

HQ city

Media

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Insurance Brokerage Commissions: The Safegard Group operates as a full-service insurance broker, earning commissions from insurance carriers for placing business. They have developed significant relationships with a multitude of top-rated insurance companies, which results in their ability to deliver the broadest coverage at the most competitive price. Revenue is generated through commissions on insurance policies placed for commercial and individual clients across property and casualty, employee benefits, and personal insurance lines.
2. Risk Management Consulting Fees: The company provides professional risk management consulting services including claims management, risk control, cost containment consulting, and alternative risk financing. These professional services generate additional revenue beyond insurance placement commissions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

The Safegard Group is a full-service insurance broker and risk management consulting firm that places property and casualty, employee benefits, and personal insurance policies with top-rated carriers, and delivers specialized risk consulting including claims management, cost containment, alternative risk financing, and M&A insurance due diligence. The firm serves commercial clients in construction, healthcare, manufacturing, food processing, technology/life sciences, and chemicals, as well as individual consumers, using technology platforms for benefits administration and compliance reporting.

Product overview

The Safegard Group is a full-service insurance broker and risk management consulting firm offering Property and Casualty Insurance, Employee Benefits, Personal Insurance, and Mergers and Acquisitions Services. The Employee Benefits division leverages two technology platforms: BerniePortal (a customizable benefits administration platform) and Employee Navigator (benefits administration technology). BerniePortal serves as the core administration system providing year-round benefits management, payroll integrations (Paylocity, ADP), PTO tracking, and IRS reporting (1094-C/1095-C). Employee Navigator streamlines enrollment and customer service. Additional employee benefit modules include Medical Funding Strategies (fully-insured, level funding, self-insured, reference-based pricing, captives) and Voluntary Benefits (life insurance, disability, supplemental health, dental/vision, accident, critical illness). Property and Casualty services include Claims Management and Risk Management Consulting. The M&A Services division provides insurance due diligence for mergers, acquisitions, spinoffs, and divestments.

Differentiator

Problem solved

Functional benefit

Brands

• Safegard Healthcare: A division of The Safegard Group that provides streamlined risk management services for healthcare organizations.

Products and services

• Property and Casualty Insurance Full-service commercial insurance brokerage and risk management consulting for companies in construction, healthcare, manufacturing, food, technology, chemical, and business owner industries, providing custom-designed insurance programs, expert claims management, and risk consulting.
• Mergers and Acquisitions Services Specialized insurance due diligence and valuation services for M&A transactions including mergers, acquisitions, spinoffs, and divestments, staffed by MBAs with expertise processing deals from start to finish across multiple industries.
• Employee Benefits Single-source, full-service employee benefits insurance brokerage with client-centric service model, compliance support (ERISA, ACA), personalized customer service, and access to benefits administration technology platforms.
• Personal Insurance Tailored personal insurance programs covering homeowners, vacation properties, renters, condominiums, flood coverage, collections (jewelry, silverware, furs, fine arts, antiques), automobiles, yachts, boats, personal watercraft, personal excess liability, life insurance, and disability.
• Medical Funding Strategies Comprehensive medical funding options including fully-insured plans, level funding, self-insured plans, reference-based pricing, consortiums, and captives, plus HRAs, HSAs, FSAs, GAP Plans, and Accident Plans.
• Voluntary Benefits Employer-sponsored voluntary benefit programs including permanent life insurance, disability income insurance, AD&D, supplemental health insurance, long-term care insurance, dental/vision insurance, auto/homeowners insurance, prepaid legal services, pet health insurance, identity theft insurance, accident insurance, critical illness, and hospital indemnity.
• Expert Claims Management Aggressive and proactive claims management services including development of claim handling procedures, evaluation of internal claims handling procedures, monitoring carrier claim handling, periodic claim reviews, reserve analysis, and loss control recommendations.
• Risk Management Consulting Tailored risk management programs designed to identify, evaluate, control, transfer, and finance risk, including claims and information management, risk control, cost containment consulting, and alternative risk financing services.

Quantifiable outcome

• Aggressive claims management combating insurance costs especially workers' compensation
• +2 more outcomes

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• BerniePortalcoreTechnology or IntegrationThe Safegard Group achieves greater level of compliance support for their employee benefits clients using BerniePortal, a benefits administration platform. The platform enables year-round benefits administration, online W-4s, I-9s, integrations with leading payroll providers including Paylocity and ADP, and 1094-C/1095-C reporting and filing directly to the IRS.
• Employee NavigatorcoreTechnology or IntegrationSafegard utilizes Employee Navigator for benefits administration technology to streamline enrollment and customer service processes. The platform automates benefits packages allowing employees to see offerings and associated costs, serving as an informational database for service teams.
• Top-Rated Insurance CompaniescoreOthersSafegard has developed significant relationships with a multitude of top-rated insurance companies across various industries. These carrier relationships enable delivery of the broadest coverage at the most competitive pricing for their commercial and individual clients. The company works with carriers across property and casualty, employee benefits, and personal insurance lines.

Scale indicators2 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Arthur J. Gallagher & Co. One of the largest global insurance brokerage and risk management firms, with deep commercial P&C, employee benefits, and risk consulting practices serving mid-market and large clients across industries — directly comparable multi-line, multi-vertical brokerage model.
• Brown & Brown, Inc. Large U.S. insurance brokerage built largely through decentralized regional acquisitions, offering commercial P&C, employee benefits, and personal lines — highly comparable in multi-product, regional-rollup structure and growth-via-acquisition model.
• Hub International: PE-backed mid-market-focused insurance brokerage offering commercial P&C, employee benefits, and personal lines with strong regional offices — direct comparable in scale, product breadth, and PE-sponsored consolidation strategy.
• Acrisure: Fast-growing, PE-backed insurance brokerage rollup that has scaled aggressively via acquisition and technology investment, serving commercial and personal lines — directly comparable multi-line broker with similar PE backing.
• USI Insurance Services: Mid-market-focused insurance brokerage and consulting firm offering property/casualty, employee benefits, and personal insurance — direct peer in serving middle-market commercial clients with multi-line brokerage services.
• AssuredPartners: PE-backed national insurance brokerage built through acquisitions of regional agencies, with strong commercial and specialty lines — direct comparable in PE-backed rollup strategy and mid-market client focus.
• Hilb Group: Mid-Atlantic-headquartered insurance brokerage built through regional acquisitions, offering commercial and personal lines plus employee benefits — close comparable in regional U.S. footprint and multi-line product set.
• RPS Insurance Brokerage: Specialty insurance wholesale and retail brokerage serving commercial clients with deep industry vertical expertise — comparable in vertical specialization and middle-market commercial focus.

Broad incumbents

• Marsh McLennan: World's largest insurance broker and risk advisor through Marsh, with Mercer (benefits) and Oliver Wyman (consulting) — broad incumbent whose commercial brokerage and risk consulting directly overlap with Safegard's offerings at much larger scale.

Regional players

• Loftus & Shaw Insurance: Regional Mid-Atlantic insurance brokerage offering commercial, personal, and employee benefits coverage — relevant comparable in regional geography and multi-line product mix, though not a direct competitor in PA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/safegardgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Safegard Group