The Boon Insurance Agency, Inc. was formed in 1982 by R. Sterling Boon. The Company quickly discovered that there were very few products that met the unique needs of its niche market of government contractors. Government contractors have limited fixed budgets for benefits and employ predominantly hourly employees with high turnover rates, who work fluctuating hours. As a result, The Boon Insurance Agency began developing its own proprietary products, designed to meet contractors' requests. The Company quickly realized that the development of its own products only solved part of the problem for government contractors. The large insurance companies that were underwriting and insuring these products were not flexible enough to process premiums for benefits on an "hourly cost" basis, which is necessary in providing benefits to the contractors' employees.

Boon Administrative Services, Inc., (formerly named “Contractors Employee Benefits Administration, Inc.,”) a licensed third party administrator, was formed in 1991 to provide the necessary premium administration to enable the plans to run smoothly. In 1994, Boon Administrative Services (known at that time as “CEBA®”) began paying claims for fully insured and self-insured medical, dental, disability, and vision plans. Additionally, effective January 1, 2010, Foundation Benefits Administrators, Inc., another licensed third party administrator and a wholly owned subsidiary of The Boon Group, Inc. that specialized in providing administrative services for commercial voluntary plans merged with Boon Administrative Services, Inc. The management team at Boon Administrative Services, Inc. has over twenty five years of experience. Boon Administrative Services, Inc. provides flexible administrative services, claims adjudication services and customer service for Boon Administrative Services, Inc. provides specialized administrative services so that employers can provide benefits to their hourly employees for employer paid and for commercial voluntary medical, dental, vision, life and short-term disability benefit plans.

Boon Insurance Management Services, LP is a Texas limited partnership, where the general partner and the limited partner are corporate entities wholly owned by The Boon Group, Inc. Boon Insurance Management Services provides "back office" support to the other Boon subsidiaries and to FBA, with services that do not require either a Third Party Administrator license or an Insurance Agency/Producer license. Such services include legal, compliance and licensing services, accounting services, human resources services, information technology and information systems services, and operations and facilities. Facilities and the above referenced services are provided to the Boon entities and through a series of service agreements and management contracts.

Boon Investment Group, Inc. is a state registered investment advisor, located in Austin, Texas and is dedicated to providing effective and proper professional investment management services to pension and profit sharing plans. Services provided may involve asset allocation reviews, performance monitoring, portfolio structure analysis, meeting with plan participants, fund selection and conducting educational and enrollment meetings. Employees of Boon Investment Group, Inc. serve as Investment Adviser Representatives to the plan.

Healthy Achievers, Inc. a New Hampshire corporation, a wholly owned subsidiary of The Boon Group, Inc., was formed in 2005 and acquired by The Boon Group in June of 2010. Healthy Achievers is a nationwide provider of worksite wellness programs, health screenings, immunizations (flu shots, HEP A, HEP B, etc.) and occupational health services. The main office and warehouse for Healthy Achievers is located in Portsmouth, New Hampshire. Healthy Achievers utilizes a national network of over 4,000 independent Healthcare providers to administer the immunization and conduct health screenings and assessments. Healthy Achievers through its proprietary software system delivers full health and wellness programs, online member support, scheduling and reporting. Healthy Achievers is URAC accredited.

Health & Welfare Benefit Systems, Inc. “H&WBS” a Virginia corporation, a wholly owned subsidiary of The Boon Group, Inc., was formed in 1991 and acquired by The Boon Group in December of 2010. H&WBS provides personalized professional service of health & welfare products for employers awarded federal contracts under the Service Contract Act and AbilityOne. Through a self-funded plan approach, H&WBS administers health & welfare plans that provide Medical, Dental, Vision, Prescription Card, Disability and Death Benefits. Plan designs incorporate a preferred provider network of physicians. H&WBS offers turn-key administration for I.R.C. 401(a) retirement plans.