Alera Group Acquires Six Independent Insurance Agencies

Alera Group Acquires Six Independent Agencies

January 27, 2022

Financial Services

Alera Group announced the acquisition of six agencies — Cate-Russell Insurance, Foa & Son, Gales Agency, Heritage Risk Management, Vital Incite and Webber & Grinnell — effective December 31, 2021. The additions expand Alera’s geographic footprint and bolster its employee benefits, property & casualty, wealth services and healthcare analytics capabilities across the United States; terms were not disclosed.

Alera Group Acquires Four Regional Benefits and Insurance Firms

October 4, 2017

Insurance

Alera Group completed the acquisition of four regional employee benefits and insurance firms — Axis Benefit Consultants (Westmont, IL), Employer Concept Insurance Services (Irvine, CA), Jeatran Associates (Menomonie, WI) and Simpson McCrady Benefits LLC (Pittsburgh, PA) — effective October 1, 2017. The transactions add more than 50 employees to Alera Group and expand its national footprint across multiple states; terms were not disclosed.

Alera Group Acquires Bailey & Company Benefits Group

December 12, 2018

Insurance

Alera Group, a national independent insurance agency based in Deerfield, Illinois, has acquired Cincinnati-based Bailey & Company Benefits Group, an employee benefits firm. The acquisition expands Alera's employee benefits capabilities and local presence in the Cincinnati market; terms were not disclosed.

Alera Group Acquires Three Regional Insurance Firms

December 19, 2017

Insurance

Alera Group completed three add-on acquisitions effective December 1, 2017, acquiring Armstrong/Robitaille/Riegle Business and Insurance Solutions (Irvine, CA), Hallberg Commercial Insurers, Inc. (Oak Brook, IL), and the employee benefits division of Walker Higgins Associates (Spartanburg, SC). The acquisitions expand Alera Group’s regional footprints in southern California, the Chicago area, and South Carolina and increase its nationwide network of employee benefits, P&C, risk management and wealth management firms.

Alera Group Acquires Dickerson Employee Benefits, Courtney Group and Benefit Plan Strategies

May 9, 2018

Professional Services

Alera Group acquired three employee-benefits and insurance brokerages — Dickerson Employee Benefits (Los Angeles area), Courtney Group (Highland Park, Illinois) and Benefit Plan Strategies (Tulsa, Oklahoma) — effective May 1, 2018. The transactions expand Alera Group’s national footprint to more than 65 locations; terms were not disclosed.

Alera Group Acquires Behling Insurance Agency, Inc.

March 11, 2021

Insurance

Alera Group has acquired Behling Insurance Agency, Inc., bringing three additional locations in Utah and Montana into Alera's national insurance and financial services platform. Behling — an AFIS-designated agency with expertise in personal, commercial property & casualty and agricultural insurance — will continue operating under its current team; terms were not disclosed.