Newman Group Search

What Newman Group Search does

Newman Group Search is a boutique executive search firm specializing in confidential C-suite, VP, Director, and specialized professional placements for the insurance, finance, and accounting industries. Founded in 1993 (legal entity: Qualified Personnel dba Newman Group Search) and headquartered in Salt Lake City, Utah, the firm operates as a woman-owned business with a distributed team across Florida, Texas, Utah, California, Michigan, Colorado, and Washington. Core service modules cover insurance recruiting (commercial lines, personal lines, employee benefits, claims, underwriting), finance and accounting recruiting (controllers, CPAs, CFOs with statutory accounting and NAIC compliance expertise), and retained executive search. The firm's Insurance Resourcing practice, acquired in 2026 from its previous Pacific Northwest regional base, extends the firm's geographic reach to nationwide coverage.

The firm's operating model is consultative and partnership-based: recruiters work as an extension of client HR teams rather than replacing them, leveraging a national network of passive candidates built over 30+ years. The business runs on a quote-based, multi-year professional services revenue model combining retained and contingency search fees, with a 30-day average placement time (versus an industry standard of 60-90 days) and a 96% fill rate. Underlying process infrastructure includes a five-step Define/Identify/Screen/Present/Hire methodology, PDP ProScan Assessment integration, background checks, and reference verification; the firm has no proprietary technology platform, AI/ML capabilities, or API surface.

Revenue is not publicly disclosed and the firm has not raised institutional funding; ownership is founder/individual (led by President Peg Newman) with no parent company or external investor involvement. Customer concentration is structurally low due to a diversified vertical mix spanning carriers, brokers, MGAs, and specialty insurance segments, supported by NIRA membership for network extension. The most significant recent strategic action was the 2026 acquisition of InsuranceResourcing.com, which converted a regional competitor into a national practice area.

Name

Newman Group Search

Legal name

Qualified Personnel dba Newman Group Search

Website

https://newmangroupsearch.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Newman Group Search is a boutique executive search firm that places C-suite, VP, Director, and specialized professionals for insurance carriers, brokers, MGAs, and finance/accounting organizations nationwide. Operating since 1993 from Salt Lake City with a 1-10 person team.

Ownership category

akta.pro rank

Product category

Executive Search Services

NAICS

Employment Placement Agencies and Executive Search Services (56131), Executive Search Services (561312)

SIC

Services-Employment Agencies (7361)

akta.pro primary industry

Financial Services Leadership Search (Banking/Insurance/PE/Asset Mgmt) (BPACAAAF)

akta.pro secondary industries

C-Suite & Board Search (BPACAAAA), Confidential/Replacement & Succession Search (BPACAAAK)

Keywords

• Executive search services
• Insurance recruiting
• Finance and accounting staffing
• C-suite retained search
• Talent acquisition consulting

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Executive Search Services: Retained and contingency search services for C-suite, VP, Director, and specialized professional roles in insurance, finance, and accounting industries. Services include confidential C-level executive search, multi-million dollar M&A acquisition team placements, and retained search for leadership roles.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Newman Group Search is a boutique executive search and recruiting firm that provides retained and contingency placement services for insurance, finance, and accounting roles. Core offerings include confidential C-suite executive search, senior leadership (VP and Director) placements, finance and accounting recruiting for insurance organizations, and Insurance Resourcing (a Pacific Northwest-focused practice acquired in 2026). The firm operates nationwide from Salt Lake City, working as a strategic partner to client HR teams through a five-step Define, Identify, Screen, Present, Hire methodology.

Product overview

Newman Group Search is a boutique executive recruiting firm operating as a unified platform with specialized service modules. The core brand encompasses insurance recruiting, finance & accounting recruiting, and executive search services. Insurance Resourcing operates as an acquired sub-brand focused on Pacific Northwest insurance talent. The company's 34+ year legacy spans confidential C-suite executive placements, retained senior leadership searches, and specialized professional recruiting across commercial lines, specialty insurance, claims, underwriting, and finance & accounting for carriers, brokers, MGAs, and specialty insurance organizations nationwide.

Differentiator

Problem solved

Functional benefit

Brands

• Insurance Resourcing: A Newman Group Search practice specializing in insurance recruiting and consulting, originally focused on the Pacific Northwest (Washington, Oregon, Idaho, and Alaska) and now expanded nationally.

Products and services

• Newman Group Search Executive Recruiting Boutique executive recruiting firm specializing in confidential C-level executive search and senior leadership placements for the insurance, finance, and accounting industries. Serves insurance carriers, retail and wholesale brokers, MGAs, and related organizations nationwide.
• Insurance Resourcing A Newman Group Search practice (formerly InsuranceResourcing.com) specializing in insurance recruiting and consulting across the Pacific Northwest (Washington, Oregon, Idaho, and Alaska) with national reach. Focuses on commercial lines, personal lines, employee benefits, claims, and underwriting placements.
• Insurance Recruiting Specialized recruitment service placing talent across all insurance industry segments including wholesale brokers, retail agencies, insurance carriers, claims organizations, mutual insurance companies, public adjusters, TPAs, MGAs/MGUs, and executive leadership positions.
• Finance & Accounting Recruiting Recruitment service focused on finance and accounting professionals for insurance organizations, placing controllers, VPs of Finance, staff accountants, premium accountants, reinsurance accountants, financial analysts, and CFOs with insurance industry expertise including statutory accounting and NAIC compliance.
• Executive Search Retained confidential C-suite and senior leadership search services including CEO, COO, CFO, Chief Underwriting Officer, Chief Claims Officer, Chief Revenue Officer, and Managing Director placements across the insurance industry.
• Recommended Search Process A rigorous five-step methodology (Define, Identify, Screen, Present, Hire) incorporating PDP ProScan Assessment, comprehensive background checks, and reference verification to identify, evaluate, and secure transformational leadership talent.

Quantifiable outcome

• 30-day average placement time vs industry standard of 60-90 days
• +3 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• InsuranceResourcing.comcoreStrategic or Co-development PartnerAcquisition of InsuranceResourcing.com by Newman Group Search. Strategic merger amplifies capabilities in the insurance sector with deeper market insights and broader network of exceptional talent. Insurance Resourcing was long known as a trusted partner in the Pacific Northwest insurance market, and now continues as a Newman Group Search practice.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• The Alliance Group (Insurance Recruiting): Insurance-focused executive search and recruiting firm serving carriers, brokers, and TPAs across commercial and personal lines. Direct overlap with NGS in placement of producers, underwriters, and claims leaders.
• Hollinger Group: Boutique insurance-exclusive executive search firm placing underwriting, claims, and actuarial talent into carriers and brokers. Closely comparable vertical and function, slightly different focus on actuarial/specialty lines.
• The Jacobson Group: The largest insurance-exclusive staffing and executive search firm in the U.S. Directly comparable to Newman Group Search on vertical specialization (insurance carriers, brokers, MGAs), service mix (executive search + professional placement), and customer base; larger in scale.
• Sanford Rose Associates: Franchise-based executive search network with strong insurance and finance practice. Newman Group's Partner Kelsin Pupunu previously worked at Sanford Rose, and NGS competes head-to-head on insurance executive search mandates with the same fee model.
• InsuranceRecruiters.com: Specialized insurance recruiting firm focused on P&C, life, and benefits placements. Comparable niche focus on mid- to senior-level insurance professionals, competing for the same customer segment.

Broad incumbents

• Korn Ferry: Global organizational consulting and executive search firm with deep insurance sector expertise. Competes with NGS on retained C-suite and senior leadership searches for large insurance clients; broader portfolio including RPO and consulting.
• Robert Half: Large public staffing and search firm with dedicated finance & accounting and insurance practices. Competes with NGS's Finance & Accounting Recruiting service module for controllers, CPAs, and financial analysts at insurance carriers and brokers.
• Spencer Stuart: Global executive search and leadership advisory firm with a Financial Services and Insurance practice. Overlaps with NGS's Executive Search service module on C-suite placements at carriers, brokers, and MGAs; differentiated by board practice and global footprint.
• Heidrick & Struggles: Global executive search leader with a Financial Services practice covering insurance. Overlaps with NGS on C-suite (CEO, CFO, COO) searches at large insurance carriers; differentiated by scale, international reach, and board-level work.

Others

• Beecher Carlson (now part of Brown & Brown): Insurance brokerage and consulting firm rather than recruiter, but shares the same insurance vertical customer base and overlaps with NGS at the talent-solutions / consulting adjacencies for insurance carriers and MGAs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/newman-group-search

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 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 Newman Group Search