CBIZ, with offices in major cities throughout the country, is one of the nation’s leading providers of outsourced business services, including accounting and tax, benefits and insurance, and a wide range of consulting services.
CBIZ Facts:
9th largest accounting firm in the U.S.
One of the 10 largest valuation firms in the U.S.
#1 benefits specialist in the U.S.
Over 5000 employees in more than 160 offices nationwide
We pledge to provide an exceptional service experience to every CBIZ client.
Individual Attention: We will treat each client with the utmost care; we will develop and maintain a strong personal relationship; we will provide service with a commitment to professionalism, trust and the highest level of personal and professional integrity.
Responsive: We will respond to a client’s urgent need immediately; we will return all voicemail and e-mail communications within 24 hours; we will deliver and review all work product on a timely and as agreed basis.
Proactive: We are committed to understanding the goals and needs of our clients, responding to such needs with our best service, advice and products. We will strive to provide our clients with innovative solutions and opportunities to improve and grow their business.
Operating a successful business is never simple. Beyond producing the product or delivering the service your company offers, you have to manage the people and systems that keep it running efficiently and profitably. There are always financial and tax issues, employee benefits and insurance concerns, technology challenges, and numerous other business problems which keep you from focusing on your core business.
That’s where CBIZ can help. We are uniquely positioned to assist you with a wide range of professional services and solutions, all with a single focus: your success.
In today’s financial world, applying a comprehensive, professional approach to tax, insurance, investment, estate and retirement planning can make a very real difference in what wealth you are able to achieve, retain and pass on.
Add to that mix a vast array of funding and investment vehicles to choose from, new opportunities for education funding, growing responsibilities for elder care and long-term care, and it is clear that now, more than ever, is a time to develop a relationship with a CBIZ advisor.
At CBIZ, it is our business to serve as your financial advisor and personal advocate. We can help you clarify your goals, understand your options, and put plans in place to minimize your risks and maximize your efforts to achieve those goals.
CBIZ ACQUIRES MAJOR PROVIDER OF INNKEEPERS' INSURANCE
2/5/2008
Cleveland, Ohio (February 05, 2008)-CBIZ, Inc. (NYSE: CBZ) today announced that effective February 1, 2008, it has acquired substantially all the assets of NAIS, Inc., which provides innkeepers insurance programs marketed through James Wolf Insurance and Old Line Insurance. NAIS, Inc., located in Frederick, MD, is one of the largest providers of innkeepers' insurance in the United States.
NAIS, Inc. was initially founded in 1972 as a general multi-lines insurance agency. In 1991, NAIS pioneered a niche insurance program custom designed for the innkeeper industry which successfully combines homeowner and commercial insurance. NAIS, Inc. recorded approximately $2.1 million in revenue over the past 12 months and has approximately 25 employees.
Steven L. Gerard, CBIZ Chairman and CEO, stated, "We are excited to welcome Scott Wolf and his talented team to CBIZ. Their expertise and nationally recognized programs in this fast-growing industry will be an excellent compliment to CBIZ's insurance services. "
CBIZ, Inc. provides professional business services that help clients better manage their finances, employees and technology. As the largest benefits specialist, one of the largest accounting, valuation and medical practice management companies in the United States, CBIZ provides its clients with integrated financial services which include accounting and tax, internal audit, merger and acquisition, and valuation. Employee services include group benefits, property and casualty insurance, payroll, HR consulting and wealth management. CBIZ also provides information technology, hardware and software solutions, government relations, healthcare consulting, and medical practice management services. These services are provided throughout a network of more than 140 Company offices in 34 states and the District of Columbia.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ include the risk of a decline in the current trend to outsource business services that may have a material adverse effect on the Company's results of operations and the Company's sensitivity to revenue fluctuations that could result in fluctuations in the market price for shares of the Company's common stock. Additional risk factors are discussed in our Report on Form 10-K for the year ended December 31, 2006, and the reader is directed to these statements for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements.
11440 Tomahawk Creek Parkway
Leawood, KS 66211
888-957-2247
www.cbiz.com
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