Principal's Beam Buy Aligns with SMB Strategy

Dow Jones

07/08

Principal Financial Group has agreed to acquire Beam Benefits, an employee benefits company serving over 25,000 small businesses. Principal says the deal fits its existing focus on small and midsized businesses, where the company already serves 180,000 employers with retirement and benefits solutions. The acquisition brings together Principal's broad employer base with Beam's specialized digital platform built specifically for the small-business market. Beam generated approximately $175 million in premiums in 2025, serving dental, vision, and ancillary benefits to small employers.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

(END) Dow Jones Newswires

July 07, 2026 16:12 ET (20:12 GMT)

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Principal says the deal fits its existing focus on small and midsized businesses, where the company already serves 180,000 employers with retirement and benefits solutions. The acquisition brings together Principal's broad employer base with Beam's specialized digital platform built specifically for the small-business market. 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Principal says the deal fits its existing focus on small and midsized businesses, where the company already serves 180,000 employers with retirement and benefits solutions. The acquisition brings together Principal's broad employer base with Beam's specialized digital platform built specifically for the small-business market. Beam generated approximately $175 million in premiums in 2025, serving dental, vision, and ancillary benefits to small employers.This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. Dow Jones NewswiresJuly 07, 2026 16:12 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PFG":"信安金融","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","SMB":"VanEck Short Muni ETF","BK4566":"资本集团","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4162":"人寿与健康保险","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H"},"translate_title":"信安的Beam收购符合中小企业战略","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PFG":1.5,"SMB":1.5},"content_text":"Principal Financial Group has agreed to acquire Beam Benefits, an employee benefits company serving over 25,000 small businesses. Principal says the deal fits its existing focus on small and midsized businesses, where the company already serves 180,000 employers with retirement and benefits solutions. The acquisition brings together Principal's broad employer base with Beam's specialized digital platform built specifically for the small-business market. Beam generated approximately $175 million in premiums in 2025, serving dental, vision, and ancillary benefits to small employers. \n\n\n \n\n\n     This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 07, 2026 16:12 ET (20:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}