CBIZ, Inc.

CBIZ, Inc. is a publicly traded professional services firm headquartered in Cleveland, Ohio, United States, that delivers a broad range of outsourced solutions to small and medium‑sized businesses, individuals, and government entities. Its core practice areas include accounting and tax preparation, financial advisory, payroll processing, human resources consulting, employee benefits administration, insurance brokerage, and risk management services. By integrating these functions under a single organization, CBIZ aims to provide clients with a cohesive support system that addresses compliance, operational efficiency, and workforce management needs across various industries. The firm serves clients nationwide through a network of offices located in multiple states, allowing it to tailor its offerings to regional market demands while maintaining consistent service standards.

In terms of scale, CBIZ employs thousands of professionals across its various service lines and reports annual revenues that place it among the mid‑tier providers of outsourced business services in the United States. The company’s stock is listed on the New York Stock Exchange under the ticker symbol CBZ, reflecting its status as an independent, publicly owned corporation rather than a subsidiary of a larger conglomerate. Over the years CBIZ has grown through a combination of organic expansion and strategic acquisitions, which have added specialized capabilities such as benefits administration and insurance brokerage to its service portfolio. This acquisition‑driven growth has enabled the firm to deepen its expertise in niche areas while retaining a broad‑based approach to client service.

The distinguishing attributes of CBIZ lie in its ability to combine traditionally separate professional disciplines—accounting, tax, benefits, and insurance—into a unified delivery model that appeals to organizations seeking streamlined vendor management. This integrated approach is supported by internal platforms that facilitate data sharing and coordinated advice across practice groups, a competency that differentiates CBIZ from firms that focus exclusively on a single service line. Regarding the cybersecurity incident disclosed on May 29 2023, the company experienced an external network breach that resulted in unauthorized access to personal information, including names and Social Security Numbers, affecting tens of thousands of individuals; the intrusion was identified roughly two months after the unauthorized access period ended, and CBIZ responded by offering affected persons identity theft protection and credit monitoring services through Kroll. This event underscores the importance of robust security controls within the firm’s technology infrastructure, even as it continues to expand its service offerings and geographic reach.