Employee Benefits
Alera Group Acquires Bondar Insurance Group
January 19, 2021
Latest Acquisition Expands National Trucking Expertise
Alera Group, one of the nation’s top employee benefits, property and casualty, retirement services and wealth management firms, today announced that it has acquired Bondar Insurance Group, Inc (Bondar), effective January 1, 2021.
Founded in XXXX, Bondar focuses on serving clients through outcome-based, stewardship-oriented solutions. With vertical expertise in trucking, Bondar’s team of experts create solutions that include specialty coverages including cargo/freight, trailer interchange, property and warehousing. The firm is located in Oak Brook, Illinois, and serves clients across the country.
“We are proud to welcome Bondar Insurance Group to Alera Group, and we look forward to the impact of their industry expertise as we grow our property and casualty practice,” said Alan Levitz, CEO of Alera Group. “Alera Group firms across the country will benefit from future collaboration with Bondar Insurance Group, and together, we will continue to enhance the client experience.”
“Becoming an Alera Group company is an exciting step for our firm, and we anticipate significant benefits for our clients through the national resources now available to us,” said Paul Bondar, Managing Partner of Bondar Insurance Group. “The scope of Alera Group’s footprint across the United States positions us to gain additional market access and leverage on behalf of our clients.”
The Bondar Insurance Group team will continue serving clients in their existing roles. Terms of the transaction were not announced.
###
About Alera Group
Based in Deerfield, IL, Alera Group’s over 2,000 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management. Alera Group is the 15th largest privately held firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.