Builders Exchange Benefits

What Builders Exchange Benefits does

Builders Exchange Benefits, Inc. (BXB) is a privately held insurance benefits brokerage and administrator founded in 2006 and headquartered in Pittsburgh, Pennsylvania. The firm operates as the appointed agent for three regional Builder Exchange trade associations: Pennsylvania Builders Exchange, Builders Exchange Inc. (Ohio), and Builders Exchange of Tennessee. Through these affiliations, BXB serves member companies — primarily small-to-mid-market construction contractors and trade firms including HVAC, heating/cooling, and general building trades — across Pennsylvania, Ohio, and Tennessee. The company employs approximately 8 staff, including a President, VP of Operations, account managers, a sales representative based in Columbus, OH, and compliance specialists.

BXB's product portfolio is a full-service group benefits offering: group health, dental, vision, life/AD&D, disability, voluntary/worksite, and retirement plans (401(K) and profit sharing), supplemented by administrative services including COBRA administration, ERISA compliance, FMLA support, claims resolution, billing reconciliation, eligibility processing, Section 125 plans, HRA/HSA/FSA administration, and Medicare consultation. The firm represents all major insurance carriers in Pennsylvania and Ohio and operates through relationship-led account management rather than proprietary technology platforms.

The business model is commission-based, with revenue generated from insurance carriers for placing and servicing group coverage on behalf of member companies of the affiliated Builder Exchanges. Distribution occurs exclusively through the three Builder Exchange relationships and direct account management; BXB maintains no independent marketing channel or open-market sales motion. There are no external funding rounds, no acquisitions, and no technology platform investments on record. The firm's strategic positioning is association-embedded rather than market-disruptive, with growth dependent on the membership health of its three partner associations.

Name

Builders Exchange Benefits

Legal name

Builders Exchange Benefits, Inc.

Website

https://bxbenefits.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Builders Exchange Benefits is a Pittsburgh-based insurance brokerage founded in 2006, serving as appointed agent for the Pennsylvania, Ohio, and Tennessee Builder Exchange associations to provide group health, life, disability, retirement, and compliance services to construction-trade member companies.

Ownership category

akta.pro rank

Product category

Insurance Brokerage / Employee Benefits Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Benefits Administration (BPACAPAC)

akta.pro secondary industries

Benefits Administration & Enrollment Support (BPAAAIAB), Contractor Benefits & Perks Administration (BPACAGAJ)

Keywords

• Employee benefits brokerage
• Group health insurance
• Insurance brokerage services
• COBRA administration
• ERISA compliance services

Headquarters

HQ city

Pittsburg

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Broker Commissions: BXB acts as the appointed insurance agent for Pennsylvania Builders Exchange and Builders Exchange Inc. Revenue is generated through commissions from insurance carriers for placing group health, life, disability, dental, vision, and other employee benefit coverage for member companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Builders Exchange Benefits, Inc. (BXB) is an appointed insurance agent and benefits brokerage serving member companies of the Pennsylvania Builders Exchange, Builders Exchange Inc. (Ohio), and Builders Exchange of Tennessee. The firm places group health, dental, vision, life, AD&D, disability, voluntary, and worksite insurance with major carriers, and provides administrative services including COBRA administration, ERISA compliance, FMLA support, Section 125 plans, HRA/HSA/FSA administration, enrollment, billing reconciliation, claims resolution, and retirement planning (401(K) and profit sharing). Services are sold primarily to construction industry employers (HVAC, contractors, trade associations) across PA, OH, and TN.

Product overview

Builders Exchange Benefits is an employee benefits brokerage offering a comprehensive portfolio of insurance and administrative services. The company represents all major insurance carriers in Pennsylvania and Ohio, providing group Health, Life, and Disability products along with retirement planning (401K and Profit Sharing), Medicare consultation, and ERISA compliance services. The core offering is a service-based model with multiple specialized products including COBRA Administration, Claims Resolution, Employee Communications, and various tax-advantaged accounts (HRA, HSA, FSA). The company also offers individual life proposals and long term care consultation, positioning itself as a full-service benefits resource for member clients of the Pennsylvania Builders Exchange and Builders Exchange, Inc.

Differentiator

Problem solved

Functional benefit

Products and services

• Group Health Insurance Brokerage Group health insurance brokerage services placing employer group health coverage with major carriers for construction-industry member companies of Pennsylvania Builders Exchange, Builders Exchange Inc. (Ohio), and Builders Exchange of Tennessee.
• Group Dental and Vision Insurance Group dental and vision insurance products offered through major insurance carriers for member employer clients.
• Group Life/AD&D and Disability Insurance Group life, accidental death and dismemberment, and disability insurance products placed with major carriers for member employer clients.
• Group Voluntary and Worksite Benefits Voluntary benefits offered at the workplace level to complement core group coverage.
• Retirement Planning (401(K) and Profit Sharing) 401(K) and profit sharing plans offered exclusively for members of the affiliated Builder Exchange organizations.
• COBRA Administration Administers continuation of coverage for groups with 20+ employees on payroll (18-month minimum) and state continuation for 2-19 employees.
• ERISA Compliance Services Complete and comprehensive compliance package including Health & Welfare Plan Document, SPD, and all required notices for ERISA compliance.
• Section 125 Premium Only Plans Pre-tax benefit plans allowing employees to pay premiums with pre-tax dollars.
• Health Reimbursement Account (HRA) Employer-funded accounts to reimburse employees for qualified medical expenses.
• Health Savings Account (HSA) Tax-advantaged savings accounts for individuals with high-deductible health plans.
• Flexible Spending Account (FSA) Tax-advantaged accounts for setting aside funds for qualified medical or dependent care expenses.
• Medicare Consultation Consultation services with a certified Medicare consultant for individual clients and senior market segments.
• Long Term Care Consultation Consultation services for long term care planning.
• Individual Life Proposals Individual life insurance proposal services for individual clients.

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Pennsylvania Builders Exchange (PBX)coreStrategic or Co-development PartnerBXB is the appointed agent for the Pennsylvania Builders Exchange. This is the primary partnership providing access to PBX member companies for employee benefits services.
• Builders Exchange, Inc. (BEX) - OhiocoreStrategic or Co-development PartnerBXB is the appointed agent for Builders Exchange Inc. in Ohio. In 2007, BXBenefits was named the exclusive broker for the BX, Inc. in Ohio, providing comprehensive benefits services to Ohio market members.
• Builders Exchange of TennesseeminorStrategic or Co-development PartnerBXB provides oversight for the health insurance programs for the Builders Exchange of Tennessee, extending service reach beyond Pennsylvania and Ohio.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Acrisure: Tech-enabled insurance brokerage growing rapidly via roll-ups across the U.S. Comparable benefits distribution model, with much broader geographic reach and significant technology investment.

Broad incumbents

• Brown & Brown: Large national insurance brokerage with a robust employee benefits practice. Overlaps with BXB as a multi-carrier benefits broker serving SMB and mid-market employer clients.
• Lockton: Largest privately held insurance brokerage in the U.S., with a strong construction and real estate vertical. Comparable as a benefits broker serving construction-industry clients across multiple states.
• USI Insurance Services: Large national insurance brokerage with a dedicated construction industry practice. Offers employee benefits brokerage and HR consulting at a far larger scale; relevant as a scaled incumbent offering the same suite of services BXB provides within its niche.
• AssuredPartners: National insurance brokerage with construction and association practice groups. Comparable benefits brokerage serving trade-association members across multiple geographies.

Regional players

• Cottingham & Butler: Midwest-based regional insurance brokerage with strong benefits and construction industry expertise. Comparable as a regionally anchored broker serving middle-market construction employers.
• Hilb Group: Mid-Atlantic-based regional insurance brokerage with benefits brokerage capabilities. Geographic and scale overlap with BXB in serving Pennsylvania and surrounding states.

Direct peers

• OneDigital: Employee benefits-focused brokerage and HR consulting firm serving mid-market and SMB employers. Highly comparable in business model—commission-based benefits broker with administrative services—though operating at much greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/buildersexchangebenefitsinc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Builders Exchange Benefits