Capital Benefit Services

What Capital Benefit Services does

Capital Benefit Services can help the firm find low-cost group health insurance for its employees. There are premium discounts for comparable programs. The MBA and BIAW Trusts have the lowest premiums and benefit programs in the industry.

Name

Capital Benefit Services

Legal name

Capital Benefit Services, Inc.

Website

https://capitalbenefitservices.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Capital Benefit Services provides benefit packages, consulting, and competitive pricing to employers.

Ownership category

akta.pro rank

Product category

Group Health Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Health and Welfare Funds (525120)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)

akta.pro primary industry

Employee Benefits Brokerage & Consulting (FSAEADAC)

akta.pro secondary industries

Benefits Administration (BPACAPAC), Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)

Keywords

• Association health plans
• Employee benefits brokerage
• Group health insurance
• Benefits consulting
• Small business insurance

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Capital Benefit Services serves as the appointed broker for multiple Association Health Plans (MBA Health Trust, BIAW Health Trust, CAMPS Health Trust, NMTA Health Trust, CBIT). Revenue is generated through commissions from insurance carriers for placing business with them through the association health plan pooling model.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Capital Benefit Services is an insurance brokerage specializing in Association Health Plans (AHPs) for small to mid-size employers in the Pacific Northwest. The company offers access to 50+ medical plans plus dental, vision, life insurance, and employee assistance options across five industry-specific health trusts (MBA, BIAW, CAMPS, NMTA, CBIT). It supplements its brokerage services with the proprietary EPKonnect benefits management platform built by an in-house IT team.

Product overview

Capital Benefit Services is a health insurance broker specializing in Association Health Plans for the Pacific Northwest, offering a portfolio of over 50 customizable medical plans alongside dental, vision, life insurance, and employee assistance programs through five distinct health trusts (MBA Health Insurance Trust, BIAW Health Insurance Program, CAMPS Health Trust, NMTA Health Trust, and CBIT). The company supplements its core insurance offerings with proprietary technology (EPKonnect) for benefits management, and leverages industry-specific pooling to secure lower rates through strategic carrier partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Benefits Package A portfolio of 50+ medical plans combined with dental, vision, life insurance, and employee assistance options that employers can customize to fit their employees' needs and avoid overpaying for unnecessary coverages.
• EPKonnect A proprietary in-house benefits management platform developed by the company's IT team to help clients manage their employee benefits.
• MBA Health Insurance Trust

Quantifiable outcome

• 92% customer satisfaction rating across health trusts

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core.

• CAMPS Health Trust (Center for Advanced Manufacturing Health Trust)coreStrategic or Co-development Partner · 1 January 2016Started in 2016, the CAMPS Health Trust is focused on serving companies in the manufacturing, innovation, and technology related industries. Members of the Center for Advanced Manufacturing Puget Sound and endorsing associations are able to secure affordable insurance options for their employees.
• BIAW Health Trust (Building Industry Association of Washington Health Trust)coreStrategic or Co-development Partner · 1 January 1992Started in 1992, the BIAW Health Trust serves members of the Building Industry Association of Washington by providing an affordable group health insurance option for Washington builders. The trust has multiple local chapters throughout Washington state.
• MBA Health Trust (Master Builders Association Health Insurance Trust)coreStrategic or Co-development Partner · 1 January 1986Started in 1986, the MBA Health Trust serves members of the Master Builders Association of King & Snohomish Counties by providing an affordable group health insurance option. Capital Benefit Services was originally formed to serve as the appointed broker for this trust. The trust has expanded to partner with other associations across Washington state. The MBA Health Trust is one of the flagship health plans in CBS's portfolio.
• NMTA Health Trust (Northwest Marine Trade Association Health Trust)coreStrategic or Co-development PartnerThe only association health plan in the state of Washington exclusively serving the marine industry. Capital Benefits Services has been a partner with the NMTA for over 10 years and is proud to offer this exclusive option for business owners within the boating community.
• CBIT (Contractors & Builders Insurance Trust)coreStrategic or Co-development PartnerThe Contractors & Builders Insurance Trust provides members of the Home Building Association of Greater Portland, Salem Contractors Exchange, and endorsing entities access to an industry-leading association health plan. Membership in any of the eligible associations provides access to an exclusive association health plan.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brown & Brown Insurance: National insurance brokerage with growing employee benefits and association health plan capabilities; competes for the same SMB and mid-market benefits clients across multiple regions including the Pacific Northwest.
• Hub International Northwest: Large national insurance brokerage with a Pacific Northwest regional presence offering employee benefits brokerage and consulting to mid-market employers; competes head-to-head with CBS for the same SMB and mid-market benefits clients in the same geography.
• USI Insurance Services: National insurance brokerage and employee benefits consulting firm with substantial Northwest presence; competes for the same mid-market benefits clients and offers similar industry-vertical pooling arrangements.
• Arthur J. Gallagher & Co. One of the largest global insurance brokerages with dedicated employee benefits consulting practices; competes for the same Northwest SMB and mid-market benefits business that CBS targets.
• IMA Financial Group: Employee benefits brokerage and consulting firm focused on mid-market employers; offers comparable association-style benefit solutions and competes for the same industries and employer segments.
• Assurex Global (Marsh McLennan Agency): Network of independent insurance brokers focused on mid-market commercial and benefits business; partnership gives regional brokers access to large-carrier leverage comparable to what CBS achieves through association health plans.

Direct peers

• Leavitt Group: Mid-sized insurance brokerage specializing in employee benefits and association-based health plans for small to mid-size businesses, with comparable pooling-association business models serving regional employer groups.
• Woodruff Sawyer: Independent insurance brokerage with strong employee benefits practice for small to mid-size businesses; uses a comparable dedicated benefits consultant model and competes for association-style health plan arrangements.

Emerging players

• Insperity (PEO): Professional Employer Organization bundling HR, payroll, and benefits access for SMBs; competes indirectly with CBS by offering alternative paths to affordable group health coverage for small employers.
• ADP TotalSource (PEO): Large PEO providing co-employed benefits, HR, and payroll solutions to SMBs; competes for the same small-employer benefits budget by offering pooled health plan access as part of an integrated HR bundle.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/CapitalBenefits
• Facebookfacebook.com/CapitalBenefitServices
• LinkedInlinkedin.com/company/capital-benefit-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

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 Capital Benefit Services